HS Icon Cobalt in  Flag Russia

2021
Exports | Imports
: $129M | $11.8M, World Rnk 13 / 94
Flag Rnk 230 / 1209 | World Rnk 30 / 145
Flag Rnk 846 / 1206

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $10.4M | $1.48M, United States |  United Kingdom

2021
ECONOMIC COMPLEXITY of Russia
: 0.46, Rnk 45 / 131

2021
PRODUCT COMPLEXITY IN Cobalt
: -1.46, Rnk 945 / 1029

Exports In 2021, Russia exported $129M in Cobalt, making it the 13th largest exporter of Cobalt in the world. At the same year, Cobalt was the 230th most exported product in Russia. The main destination of Cobalt exports from Russia are: Netherlands ($47.4M), United States ($34.1M), China ($16.8M), Belgium ($11.9M), and Switzerland ($10.7M).

The fastest growing export markets for Cobalt of Russia between 2020 and 2021 were United States ($10.4M), Switzerland ($7.66M), and Ukraine ($1.12M).

Imports In 2021, Russia imported $11.8M in Cobalt, becoming the 30th largest importer of Cobalt in the world. At the same year, Cobalt was the 846th most imported product in Russia. Russia imports Cobalt primarily from: United Kingdom ($1.85M), Germany ($1.81M), Belgium ($1.28M), Canada ($1.17M), and South Africa ($1.02M).

The fastest growing import markets in Cobalt for Russia between 2020 and 2021 were United Kingdom ($1.48M), Canada ($925k), and Germany ($784k).

Tariffs In 2018, the average tariff for Russia in Cobalt was 5.72%. The countries with the highest import tariffs for Cobalt were Angola (Most Favoured Nation duty rate treatment, 6%), Burundi (Most Favoured Nation duty rate treatment, 6%), Benin (Most Favoured Nation duty rate treatment, 6%), Burkina Faso (Most Favoured Nation duty rate treatment, 6%), and Botswana (Most Favoured Nation duty rate treatment, 6%).

N/A

Mar 2023

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cobalt. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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EXPORTS (2021): $129M

IMPORTS (2021): $11.8M

NET TRADE (2021): $117M

In 2021, Russia exported $129M in Cobalt. The main destinations of Russia exports on Cobalt were Netherlands ($47.4M), United States ($34.1M), China ($16.8M), Belgium ($11.9M), and Switzerland ($10.7M).

In 2021, Russia imported $11.8M in Cobalt, mainly from United Kingdom ($1.85M), Germany ($1.81M), Belgium ($1.28M), Canada ($1.17M), and South Africa ($1.02M).

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Flow

THE FASTEST GROWING Cobalt EXPORT MARKETS FOR Russia WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt BY Russia WERE (2020 - 2021):

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Market Concentration

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In 2021, Russia's main exporting competitors in Cobalt were:

In 2021, Russia's main importing competitors in Cobalt were:

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