2022
Exports
$125kWorld Rnk 63 / 97
Flag Rnk 737 / 1100
2022
PRODUCT COMPLEXITY IN Cobalt
-1.74Rnk 975 / 1025
2022
Imports
$2.22MWorld Rnk 48 / 159
Flag Rnk 914 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $125k in Cobalt, making it the 63rd largest exporter of Cobalt in the world. At the same year, Cobalt was the 737th most exported product in Saudi Arabia. The main destination of Cobalt exports from Saudi Arabia are: Germany ($107k), Hungary ($18.7k), and Oman ($234).

The fastest growing export markets for Cobalt of Saudi Arabia between 2021 and 2022 were Germany ($107k), Hungary ($18.7k), and Oman ($234).

Imports In 2022, Saudi Arabia imported $2.22M in Cobalt, becoming the 48th largest importer of Cobalt in the world. At the same year, Cobalt was the 914th most imported product in Saudi Arabia. Saudi Arabia imports Cobalt primarily from: United States ($1.72M), United Arab Emirates ($151k), Germany ($148k), Australia ($49.1k), and India ($43.7k).

The fastest growing import markets in Cobalt for Saudi Arabia between 2021 and 2022 were United Arab Emirates ($65.9k), Germany ($53.8k), and Australia ($40.6k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
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

Trade Balance

Color
EXPORTS (2022)$125k
IMPORTS (2022)$2.22M
NET TRADE (2022)-$2.1M

In 2022, Saudi Arabia exported $125k in Cobalt. The main destinations of Saudi Arabia exports on Cobalt were Germany ($107k), Hungary ($18.7k), and Oman ($234).

In 2022, Saudi Arabia imported $2.22M in Cobalt, mainly from United States ($1.72M), United Arab Emirates ($151k), Germany ($148k), Australia ($49.1k), and India ($43.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Germany$107k (1%)
Hungary$18.7k (1%)
Oman$234 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt BY Saudi Arabia WERE (2021 - 2022):
United Arab Emirates-$9.61k (-100%)
United States-$4k (-100%)
India-$1.32k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Cobalt were:
In 2022, Saudi Arabia's main importing competitors in Cobalt were:

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Trade Value of Cobalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $37.4k
TOP IMPORT POTENTIALGermany+ $120k

Cobalt’s highest export potential is Germany. With an export gap of $37.4k.   Cobalt’s highest import potential is Germany with an import gap of $120k.

See methodology.

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