2022
Exports
$16MWorld Rnk 2 / 56
Flag Rnk 649 / 1211
falsefalse Finland
2022
Imports
$90kWorld Rnk 19 / 66
Flag Rnk 1181 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $16M in Cobalt Ore, making it the 2nd largest exporter of Cobalt Ore in the world. At the same year, Cobalt Ore was the 649th most exported product in Austria. The main destination of Cobalt Ore exports from Austria are: Finland ($16M) and Netherlands ($47).

The fastest growing export markets for Cobalt Ore of Austria between 2021 and 2022 were Finland ($610k) and Netherlands ($47).

Imports In 2022, Austria imported $90k in Cobalt Ore, becoming the 19th largest importer of Cobalt Ore in the world. At the same year, Cobalt Ore was the 1181st most imported product in Austria. Austria imports Cobalt Ore primarily from: Germany ($89.8k) and Netherlands ($257).

Latest Trends

Sep 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 Ore. 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)$16M
IMPORTS (2022)$90k
NET TRADE (2022)$15.9M

In 2022, Austria exported $16M in Cobalt Ore. The main destinations of Austria exports on Cobalt Ore were Finland ($16M) and Netherlands ($47).

In 2022, Austria imported $90k in Cobalt Ore, mainly from Germany ($89.8k) and Netherlands ($257).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt Ore EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Finland$610k (3.96%)
Netherlands$47 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt Ore BY Austria WERE (2021 - 2022):Hungary-$1.48k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Cobalt Ore were:
In 2022, Austria' main importing competitors in Cobalt Ore were:
China $134M
Morocco $25.5M
Finland $16.2M

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Trade Value of Cobalt Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.26k
TOP IMPORT POTENTIALDemocratic Republic of the Congo+ $962

Cobalt Ore’s highest export potential is China. With an export gap of $2.26k.   Cobalt Ore’s highest import potential is Democratic Republic of the Congo with an import gap of $962.

See methodology.

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