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2023
Exports $19.7kWorld Rnk 24 / 46
Flag Rnk 1150 / 1202
2023
Destination $11.6k India
2022 - 2023
FASTEST GROWING MARKET $11.6kIndia
2023
Imports $24.5kWorld Rnk 24 / 62
Flag Rnk 1182 / 1208
2023
Origin $19.8k China
2022 - 2023
FASTEST GROWING ORIGIN $19.8kChina
2023
ECONOMIC COMPLEXITY of Singapore1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $19.7k in Cobalt Ore, making it the 24th largest exporter of Cobalt Ore in the world. At the same year, Cobalt Ore was the 1150th most exported product in Singapore. The main destination of Cobalt Ore exports from Singapore are: India ($11.6k), Malaysia ($8.14k), and Indonesia ($20).

The fastest growing export markets for Cobalt Ore of Singapore between 2022 and 2023 were India ($11.6k), Malaysia ($8.14k), and Indonesia ($20).

Imports In 2023, Singapore imported $24.5k in Cobalt Ore, becoming the 24th largest importer of Cobalt Ore in the world. At the same year, Cobalt Ore was the 1182nd most imported product in Singapore. Singapore imports Cobalt Ore primarily from: China ($19.8k), United States ($2.87k), and Malaysia ($1.89k).

The fastest growing import markets in Cobalt Ore for Singapore between 2022 and 2023 were China ($19.8k), United States ($2.87k), and Malaysia ($1.89k).

Latest Trends

Dec 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 (2023)$19.7k
IMPORTS (2023)$24.5k
NET TRADE (2023)-$4.78k

In 2023, Singapore exported $19.7k in Cobalt Ore. The main destinations of Singapore exports on Cobalt Ore were India ($11.6k), Malaysia ($8.14k), and Indonesia ($20).

In 2023, Singapore imported $24.5k in Cobalt Ore, mainly from China ($19.8k), United States ($2.87k), and Malaysia ($1.89k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cobalt Ore EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
India$11.6k (1%)
Malaysia$8.14k (1%)
Indonesia$20 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt Ore BY Singapore WERE (2022 - 2023):China-$24.8k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Cobalt Ore were:
Democratic Republic of the Congo $67.1M
Austria $11.1M
Italy $5.93M
In 2023, Singapore'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+ $15.8k
TOP IMPORT POTENTIALDemocratic Republic of the Congo+ $894

Cobalt Ore’s highest export potential is China. With an export gap of $15.8k.   Cobalt Ore’s highest import potential is Democratic Republic of the Congo with an import gap of $894.

See methodology.

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