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2022
Exports $17.2kWorld Rnk 29 / 56
Flag Rnk 887 / 1105
2022
Destination $14.2k Spain
2021 - 2022
FASTEST GROWING MARKET $14.2kSpain
2022
Imports $25.5MWorld Rnk 2 / 66
Flag Rnk 350 / 1188
2022
Origin $25.5M Democratic Republic of the Congo
2021 - 2022
FASTEST GROWING ORIGIN $25.5MDemocratic Republic of the Congo
2022
ECONOMIC COMPLEXITY of Morocco-0.29Rnk 80 / 133

About

Exports In 2022, Morocco exported $17.2k in Cobalt Ore, making it the 29th largest exporter of Cobalt Ore in the world. At the same year, Cobalt Ore was the 887th most exported product in Morocco. The main destination of Cobalt Ore exports from Morocco are: Spain ($15.4k), China ($1.52k), and Russia ($306).

The fastest growing export markets for Cobalt Ore of Morocco between 2021 and 2022 were Spain ($14.2k) and China ($1.52k).

Imports In 2022, Morocco imported $25.5M in Cobalt Ore, becoming the 2nd largest importer of Cobalt Ore in the world. At the same year, Cobalt Ore was the 350th most imported product in Morocco. Morocco imports Cobalt Ore primarily from: Democratic Republic of the Congo ($25.5M) and Finland ($11).

The fastest growing import markets in Cobalt Ore for Morocco between N/A and 2022 were Democratic Republic of the Congo ($25.5M) and Finland ($11).

Latest Trends

Oct 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)$17.2k
IMPORTS (2022)$25.5M
NET TRADE (2022)-$25.5M

In 2022, Morocco exported $17.2k in Cobalt Ore. The main destinations of Morocco exports on Cobalt Ore were Spain ($15.4k), China ($1.52k), and Russia ($306).

In 2022, Morocco imported $25.5M in Cobalt Ore, mainly from Democratic Republic of the Congo ($25.5M) and Finland ($11).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt Ore EXPORT MARKETS FOR Morocco WERE (2021 - 2022):
Spain$14.2k (1.15k%)
China$1.52k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt Ore BY Morocco WERE (2021 - 2022):Russia-$50 (-14%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Morocco's main exporting competitors in Cobalt Ore were:
Democratic Republic of the Congo $175M
Austria $16M
South Africa $5.57M
In 2022, Morocco's main importing competitors in Cobalt Ore were:
China $134M
Finland $16.2M

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Trade Value of Cobalt Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $5.08k
TOP IMPORT POTENTIALAustria+ $1.24k

Cobalt Ore’s highest export potential is China. With an export gap of $5.08k.   Cobalt Ore’s highest import potential is Austria with an import gap of $1.24k.

See methodology.

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