2022
Exports
$899MWorld Rnk 1 / 61
Flag Rnk 6 / 790
2022
PRODUCT COMPLEXITY IN Cobalt Oxides and Hydroxides
-1.68Rnk 970 / 1025
2022
Imports
$9.59kWorld Rnk 81 / 119
Flag Rnk 1067 / 1169
2022
ECONOMIC COMPLEXITY of Democratic Republic of the Congo
-1.81Rnk 130 / 133

About

Exports In 2022, Democratic Republic of the Congo exported $899M in Cobalt Oxides and Hydroxides, making it the 1st largest exporter of Cobalt Oxides and Hydroxides in the world. At the same year, Cobalt Oxides and Hydroxides was the 6th most exported product in Democratic Republic of the Congo. The main destination of Cobalt Oxides and Hydroxides exports from Democratic Republic of the Congo are: Zambia ($250M), Mozambique ($149M), Hong Kong ($135M), Namibia ($116M), and Singapore ($110M).

The fastest growing export markets for Cobalt Oxides and Hydroxides of Democratic Republic of the Congo between 2021 and 2022 were Zambia ($192M), Namibia ($35.4M), and Hong Kong ($27.1M).

Imports In 2022, Democratic Republic of the Congo imported $9.59k in Cobalt Oxides and Hydroxides, becoming the 81st largest importer of Cobalt Oxides and Hydroxides in the world. At the same year, Cobalt Oxides and Hydroxides was the 1067th most imported product in Democratic Republic of the Congo. Democratic Republic of the Congo imports Cobalt Oxides and Hydroxides primarily from: Lebanon ($4.28k), South Africa ($2.77k), and Belgium ($2.54k).

The fastest growing import markets in Cobalt Oxides and Hydroxides for Democratic Republic of the Congo between 2021 and 2022 were Belgium ($2.54k) and Lebanon ($657).

Latest Trends

Sep 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 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
EXPORTS (2022)$899M
IMPORTS (2022)$9.59k
NET TRADE (2022)$898M

In 2022, Democratic Republic of the Congo exported $899M in Cobalt Oxides and Hydroxides. The main destinations of Democratic Republic of the Congo exports on Cobalt Oxides and Hydroxides were Zambia ($250M), Mozambique ($149M), Hong Kong ($135M), Namibia ($116M), and Singapore ($110M).

In 2022, Democratic Republic of the Congo imported $9.59k in Cobalt Oxides and Hydroxides, mainly from Lebanon ($4.28k), South Africa ($2.77k), and Belgium ($2.54k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt Oxides and Hydroxides EXPORT MARKETS FOR Democratic Republic of the Congo WERE (2021 - 2022):
Zambia$192M (335%)
Namibia$35.4M (44.1%)
Hong Kong$27.1M (25.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt Oxides and Hydroxides BY Democratic Republic of the Congo WERE (2021 - 2022):
China-$2.34B (-100%)
Mozambique-$476M (-76.2%)
Singapore-$299M (-73.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Democratic Republic of the Congo's main exporting competitors in Cobalt Oxides and Hydroxides were:
In 2022, Democratic Republic of the Congo's main importing competitors in Cobalt Oxides and Hydroxides were:

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Trade Value of Cobalt Oxides and Hydroxides by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSouth Korea+ $4.85M
TOP IMPORT POTENTIALSouth Africa+ $3.07k

Cobalt Oxides and Hydroxides’s highest export potential is South Korea. With an export gap of $4.85M.   Cobalt Oxides and Hydroxides’s highest import potential is South Africa with an import gap of $3.07k.

See methodology.

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