2022
Exports
$1.42MWorld Rnk 18 / 61
Flag Rnk 1178 / 1216
2022
PRODUCT COMPLEXITY IN Cobalt Oxides and Hydroxides
-1.68Rnk 970 / 1025
2022
Imports
$52.8MWorld Rnk 15 / 119
Flag Rnk 897 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $1.42M in Cobalt Oxides and Hydroxides, making it the 18th largest exporter of Cobalt Oxides and Hydroxides in the world. At the same year, Cobalt Oxides and Hydroxides was the 1178th most exported product in Germany. The main destination of Cobalt Oxides and Hydroxides exports from Germany are: Turkey ($452k), Switzerland ($341k), Spain ($143k), Austria ($124k), and Saudi Arabia ($86.9k).

The fastest growing export markets for Cobalt Oxides and Hydroxides of Germany between 2021 and 2022 were Turkey ($285k), Switzerland ($165k), and Spain ($131k).

Imports In 2022, Germany imported $52.8M in Cobalt Oxides and Hydroxides, becoming the 15th largest importer of Cobalt Oxides and Hydroxides in the world. At the same year, Cobalt Oxides and Hydroxides was the 897th most imported product in Germany. Germany imports Cobalt Oxides and Hydroxides primarily from: Finland ($33.6M), Belgium ($9.49M), South Africa ($7.02M), Italy ($760k), and United States ($485k).

The fastest growing import markets in Cobalt Oxides and Hydroxides for Germany between 2021 and 2022 were South Africa ($7.02M), Finland ($4.73M), and Belgium ($3.24M).

Latest Trends

Jul 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)$1.42M
IMPORTS (2022)$52.8M
NET TRADE (2022)-$51.3M

In 2022, Germany exported $1.42M in Cobalt Oxides and Hydroxides. The main destinations of Germany exports on Cobalt Oxides and Hydroxides were Turkey ($452k), Switzerland ($341k), Spain ($143k), Austria ($124k), and Saudi Arabia ($86.9k).

In 2022, Germany imported $52.8M in Cobalt Oxides and Hydroxides, mainly from Finland ($33.6M), Belgium ($9.49M), South Africa ($7.02M), Italy ($760k), and United States ($485k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt Oxides and Hydroxides EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Turkey$285k (170%)
Switzerland$165k (93.3%)
Spain$131k (1.07k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt Oxides and Hydroxides BY Germany WERE (2021 - 2022):
South Korea-$30.9k (-100%)
Denmark-$16.4k (-82.8%)
Estonia-$9.23k (-68.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Cobalt Oxides and Hydroxides were:
In 2022, Germany'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 POTENTIALUnited States+ $133k
TOP IMPORT POTENTIALBelgium+ $3.41M

Cobalt Oxides and Hydroxides’s highest export potential is United States. With an export gap of $133k.   Cobalt Oxides and Hydroxides’s highest import potential is Belgium with an import gap of $3.41M.

See methodology.

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