Overview This page contains the latest trade data of Cobalt. In 2021, Cobalt were the world's 422nd most traded product, with a total trade of $7.71B. Between 2020 and 2021 the exports of Cobalt grew by 54.6%, from $4.99B to $7.71B. Trade in Cobalt represent 0.037% of total world trade.
Cobalt are a part of Cermet articles. They include Cobalt, unwrought, matte, waste or scrap, powders and Cobalt, articles thereof, nes.
Exports In 2021 the top exporters of Cobalt were Democratic Republic of the Congo ($4.44B), Canada ($460M), United States ($335M), Finland ($289M), and Norway ($241M).
Imports In 2021 the top importers of Cobalt were China ($4.82B), Japan ($481M), United States ($389M), Netherlands ($295M), and Belgium ($189M).
Tariffs In 2018 the average tariff for Cobalt was 3.08%, making it the 1138th lowest tariff using the HS4 product classification.
Ranking Cobalt ranks 972nd in the Product Complexity Index (PCI).
Description Cobalt is a metal that is used in the production of batteries, catalysts, and other products. Cobalt waste and scrap are byproducts of the production of cobalt.