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2022
Exports $2.17MWorld Rnk 5 / 56
Flag Rnk 1123 / 1217
2022
Destination $887k France
2021 - 2022
FASTEST GROWING MARKET $887kFrance
2022
Imports $979kWorld Rnk 9 / 66
Flag Rnk 1183 / 1215
2022
Origin $844k Sweden
2021 - 2022
FASTEST GROWING ORIGIN $844kSweden
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $2.17M in Cobalt Ore, making it the 5th largest exporter of Cobalt Ore in the world. At the same year, Cobalt Ore was the 1123rd most exported product in Italy. The main destination of Cobalt Ore exports from Italy are: France ($2.17M), Netherlands ($408), and Turkey ($10).

The fastest growing export markets for Cobalt Ore of Italy between 2021 and 2022 were France ($887k), Netherlands ($203), and Turkey ($10).

Imports In 2022, Italy imported $979k in Cobalt Ore, becoming the 9th largest importer of Cobalt Ore in the world. At the same year, Cobalt Ore was the 1183rd most imported product in Italy. Italy imports Cobalt Ore primarily from: Sweden ($844k), United Kingdom ($85.1k), and Netherlands ($49.8k).

The fastest growing import markets in Cobalt Ore for Italy between 2021 and 2022 were Sweden ($844k), United Kingdom ($61.1k), and Netherlands ($49.8k).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Cobalt Ore exports accounted up to €645k and imports accounted up to €37.7k, resulting in a positive trade balance of €607k. Between March 2023 and March 2024 the exports of Italy's   Cobalt Ore have increased by €28.1k (4.56%) from €617k to €645k, while imports increased by €17.9k (90%) from €19.8k to €37.7k.

Destinations In March 2024, Cobalt Ore were exported mostly to France (€645k), and were imported mostly from .

Growth In March 2024, the increase in Cobalt Ore's year-by-year exports was explained primarily by an increase in exports to . In February 2024, the increase in Cobalt Ore's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€28.1k(4.56%)
IMPORT GROWTH (April 2022 - February 2024)€17.9k(90%)
MAIN DESTINATION (March 2024)France€645k

This section shows Cobalt Ore's exports and imports data at subnational level for Italy. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Cobalt Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.17M
IMPORTS (2022)$979k
NET TRADE (2022)$1.2M

In 2022, Italy exported $2.17M in Cobalt Ore. The main destinations of Italy exports on Cobalt Ore were France ($2.17M), Netherlands ($408), and Turkey ($10).

In 2022, Italy imported $979k in Cobalt Ore, mainly from Sweden ($844k), United Kingdom ($85.1k), and Netherlands ($49.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt Ore EXPORT MARKETS FOR Italy WERE (2021 - 2022):
France$887k (69%)
Netherlands$203 (99%)
Turkey$10 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt Ore BY Italy WERE (2021 - 2022):
Spain-$18.5k (-100%)
Austria-$15.5k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Cobalt Ore were:
Democratic Republic of the Congo $175M
Austria $16M
South Africa $5.57M
In 2022, Italy's 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+ $1.8k
TOP IMPORT POTENTIALDemocratic Republic of the Congo+ $1.74k

Cobalt Ore’s highest export potential is China. With an export gap of $1.8k.   Cobalt Ore’s highest import potential is Democratic Republic of the Congo with an import gap of $1.74k.

See methodology.

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