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2023
Exports $67.1MWorld Rnk 1 / 46
Flag Rnk 15 / 683
falsefalse China
2022 - 2023
FASTEST GROWING MARKETfalseChinese Taipei
2023
Imports $6.64kWorld Rnk 35 / 62
Flag Rnk 1017 / 1127
2022 - 2023
FASTEST GROWING ORIGINfalsefalse
2023
ECONOMIC COMPLEXITY of Democratic Republic of the Congo-1.94Rnk 130 / 132

About

Exports In 2023, Democratic Republic of the Congo exported $67.1M in Cobalt Ore, making it the 1st largest exporter of Cobalt Ore in the world. At the same year, Cobalt Ore was the 15th most exported product in Democratic Republic of the Congo. The main destination of Cobalt Ore exports from Democratic Republic of the Congo are: China ($38.6M), Chinese Taipei ($19.9M), Morocco ($8.56M), South Africa ($101), and Poland ($10).

The fastest growing export markets for Cobalt Ore of Democratic Republic of the Congo between 2022 and 2023 were Chinese Taipei ($4.49M), South Africa ($101), and Poland ($10).

Imports In 2023, Democratic Republic of the Congo imported $6.64k in Cobalt Ore, becoming the 35th largest importer of Cobalt Ore in the world. At the same year, Cobalt Ore was the 1017th most imported product in Democratic Republic of the Congo. Democratic Republic of the Congo imports Cobalt Ore primarily from: South Africa ($6.64k).

Latest Trends

Jan 2025

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 (2023)$67.1M
IMPORTS (2023)$6.64k
NET TRADE (2023)$67.1M

In 2023, Democratic Republic of the Congo exported $67.1M in Cobalt Ore. The main destinations of Democratic Republic of the Congo exports on Cobalt Ore were China ($38.6M), Chinese Taipei ($19.9M), Morocco ($8.56M), South Africa ($101), and Poland ($10).

In 2023, Democratic Republic of the Congo imported $6.64k in Cobalt Ore, mainly from South Africa ($6.64k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cobalt Ore EXPORT MARKETS FOR Democratic Republic of the Congo WERE (2022 - 2023):
Chinese Taipei$4.49M (29.2%)
South Africa$101 (1%)
Poland$10 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt Ore BY Democratic Republic of the Congo WERE (2022 - 2023):
China-$101M (-72.4%)
Morocco-$17.9M (-67.7%)
Zambia-$584k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Democratic Republic of the Congo's main exporting competitors in Cobalt Ore were:
Austria $11.1M
Italy $5.93M
In 2023, Democratic Republic of the Congo's main importing competitors in Cobalt Ore were:
China $39.1M
Chinese Taipei $19.9M
Finland $16.7M

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Trade Value of Cobalt Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALZambia+ $184k
TOP IMPORT POTENTIALAustria+ $438

Cobalt Ore’s highest export potential is Zambia. With an export gap of $184k.   Cobalt Ore’s highest import potential is Austria with an import gap of $438.

See methodology.

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