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Exports In 2023, South Africa exported $57.4k in Cobalt Ore, making it the 17th largest exporter of Cobalt Ore in the world. At the same year, Cobalt Ore was the 1150th most exported product in South Africa. The main destination of Cobalt Ore exports from South Africa are: China ($47.5k), Democratic Republic of the Congo ($6.64k), Zambia ($1.44k), Mozambique ($1.03k), and Malawi ($774).

The fastest growing export markets for Cobalt Ore of South Africa between 2022 and 2023 were China ($34k), Zambia ($1.44k), and Mozambique ($1.03k).

Imports In 2023, South Africa imported $54.9k in Cobalt Ore, becoming the 19th largest importer of Cobalt Ore in the world. At the same year, Cobalt Ore was the 1158th most imported product in South Africa. South Africa imports Cobalt Ore primarily from: South Korea ($53k), Turkey ($1.62k), Democratic Republic of the Congo ($101), Botswana ($62), and Namibia ($52).

The fastest growing import markets in Cobalt Ore for South Africa between 2022 and 2023 were Turkey ($1.62k), Democratic Republic of the Congo ($101), and Botswana ($62).

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2022 - October 2024)ZAR-888(-31.1%)
IMPORT GROWTH (May 2022 - July 2024)ZAR736k(124%)
MAIN EXPORTER (October 2024)O.r. Tambo Int AirportZAR4.72k
MAIN DESTINATION (October 2024)

This section shows Cobalt Ore's exports and imports data at subnational level for South Africa. 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)$57.4k
IMPORTS (2023)$54.9k
NET TRADE (2023)$2.54k

In 2023, South Africa exported $57.4k in Cobalt Ore. The main destinations of South Africa exports on Cobalt Ore were China ($47.5k), Democratic Republic of the Congo ($6.64k), Zambia ($1.44k), Mozambique ($1.03k), and Malawi ($774).

In 2023, South Africa imported $54.9k in Cobalt Ore, mainly from South Korea ($53k), Turkey ($1.62k), Democratic Republic of the Congo ($101), Botswana ($62), and Namibia ($52).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cobalt Ore EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
China$34k (252%)
Zambia$1.44k (1%)
Mozambique$1.03k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt Ore BY South Africa WERE (2022 - 2023):
Spain-$5.52M (-100%)
Argentina-$2.45k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Africa's main exporting competitors in Cobalt Ore were:
In 2023, South Africa's main importing competitors in Cobalt Ore were:

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Trade Value of Cobalt Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $11.1k
TOP IMPORT POTENTIALUnited Kingdom+ $1.57k

Cobalt Ore’s highest export potential is China. With an export gap of $11.1k.   Cobalt Ore’s highest import potential is United Kingdom with an import gap of $1.57k.

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