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2023
Exports $5.93MWorld Rnk 3 / 46
Flag Rnk 1016 / 1216
2023
Destination $3.56M France
2022 - 2023
FASTEST GROWING MARKET $3.56MFrance
2023
Imports $1.16MWorld Rnk 8 / 62
Flag Rnk 1168 / 1213
2023
Origin $122k Sweden
2022 - 2023
FASTEST GROWING ORIGIN $122kGermany
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $5.93M in Cobalt Ore, making it the 3rd largest exporter of Cobalt Ore in the world. At the same year, Cobalt Ore was the 1016th most exported product in Italy. The main destination of Cobalt Ore exports from Italy are: France ($5.73M), Sweden ($175k), Romania ($21.4k), Portugal ($3.85k), and Netherlands ($302).

The fastest growing export markets for Cobalt Ore of Italy between 2022 and 2023 were France ($3.56M), Sweden ($175k), and Romania ($21.4k).

Imports In 2023, Italy imported $1.16M in Cobalt Ore, becoming the 8th largest importer of Cobalt Ore in the world. At the same year, Cobalt Ore was the 1168th most imported product in Italy. Italy imports Cobalt Ore primarily from: Sweden ($889k), Germany ($122k), Netherlands ($98.1k), United Kingdom ($44k), and Belgium ($5.36k).

The fastest growing import markets in Cobalt Ore for Italy between 2022 and 2023 were Germany ($122k), Sweden ($23.2k), and Belgium ($5.36k).

Latest Trends

November 2024

About

Overview In November 2024 Italy's Cobalt Ore exports accounted up to €196k and imports accounted up to €2k, resulting in a positive trade balance of €194k. Between November 2023 and November 2024 the exports of Italy's   Cobalt Ore have decreased by €-189k (-49.2%) from €385k to €196k, while imports decreased by €-311k (-99.4%) from €313k to €2k.

Destinations In November 2024, Cobalt Ore were exported mostly to France (€196k), and were imported mostly from France (€2k).

Growth In November 2024, the decrease in Cobalt Ore's year-by-year exports was explained primarily by a decrease in exports to France (€-225k or -44.5%). In November 2024, the decrease in Cobalt Ore's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-189k(-49.2%)
IMPORT GROWTH (September 2022 - November 2024)€-311k(-99.4%)
MAIN DESTINATION (November 2024)France€196k

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 (2023)$5.93M
IMPORTS (2023)$1.16M
NET TRADE (2023)$4.77M

In 2023, Italy exported $5.93M in Cobalt Ore. The main destinations of Italy exports on Cobalt Ore were France ($5.73M), Sweden ($175k), Romania ($21.4k), Portugal ($3.85k), and Netherlands ($302).

In 2023, Italy imported $1.16M in Cobalt Ore, mainly from Sweden ($889k), Germany ($122k), Netherlands ($98.1k), United Kingdom ($44k), and Belgium ($5.36k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cobalt Ore EXPORT MARKETS FOR Italy WERE (2022 - 2023):
France$3.56M (164%)
Sweden$175k (1%)
Romania$21.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt Ore BY Italy WERE (2022 - 2023):Turkey-$10 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Cobalt Ore were:
Democratic Republic of the Congo $67.1M
Austria $11.1M
In 2023, Italy'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 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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