About

The fastest growing export markets for Cobalt oxides and hydroxides of South Korea between 2021 and 2022 were China ($2.98M), Vietnam ($404k), and Italy ($360k).

Imports In 2022, South Korea imported $247M in Cobalt oxides and hydroxides, becoming the 2nd largest importer of Cobalt oxides and hydroxides in the world. At the same year, Cobalt oxides and hydroxides was the 341st most imported product in South Korea. South Korea imports Cobalt oxides and hydroxides primarily from: China ($177M), Belgium ($40.6M), Finland ($19.1M), Democratic Republic of the Congo ($8.01M), and Chinese Taipei ($1.28M).

The fastest growing import markets in Cobalt oxides and hydroxides for South Korea between 2021 and 2022 were China ($21.6M), Chinese Taipei ($1.13M), and Singapore ($467k).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping Cobalt oxides and hydroxides from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 oxides and hydroxides. 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
IMPORTS (2022)$247M

In 2022, South Korea imported $247M in Cobalt oxides and hydroxides, mainly from China ($177M), Belgium ($40.6M), Finland ($19.1M), Democratic Republic of the Congo ($8.01M), and Chinese Taipei ($1.28M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt oxides and hydroxides EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$2.98M (750%)
Vietnam$404k (357%)
Italy$360k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt oxides and hydroxides BY South Korea WERE (2021 - 2022):
Belgium-$8.34M (-100%)
United States-$168k (-29.8%)
Hong Kong-$19k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, South Korea's main exporting competitors in Cobalt oxides and hydroxides were:
In 2022, South Korea's main importing competitors in Cobalt oxides and hydroxides were:

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Trade Value of Cobalt oxides and hydroxides by Exporters

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