2022
Exports
$22.3kWorld Rnk 74 / 97
Flag Rnk 1117 / 1211
2022
PRODUCT COMPLEXITY IN Cobalt
-1.74Rnk 975 / 1025
2022
Imports
$692kWorld Rnk 59 / 159
Flag Rnk 983 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $22.3k in Cobalt, making it the 74th largest exporter of Cobalt in the world. At the same year, Cobalt was the 1117th most exported product in Bulgaria. The main destination of Cobalt exports from Bulgaria are: Germany ($12.2k), Netherlands ($4.74k), Switzerland ($3.73k), and Greece ($1.63k).

The fastest growing export markets for Cobalt of Bulgaria between 2021 and 2022 were Switzerland ($3.73k), Netherlands ($3.21k), and Greece ($1.63k).

Imports In 2022, Bulgaria imported $692k in Cobalt, becoming the 59th largest importer of Cobalt in the world. At the same year, Cobalt was the 983rd most imported product in Bulgaria. Bulgaria imports Cobalt primarily from: Germany ($557k), France ($50.9k), United States ($21.8k), Romania ($12.2k), and China ($11.1k).

The fastest growing import markets in Cobalt for Bulgaria between 2021 and 2022 were Germany ($362k), France ($22.2k), and China ($10.2k).

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. 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)$22.3k
IMPORTS (2022)$692k
NET TRADE (2022)-$669k

In 2022, Bulgaria exported $22.3k in Cobalt. The main destinations of Bulgaria exports on Cobalt were Germany ($12.2k), Netherlands ($4.74k), Switzerland ($3.73k), and Greece ($1.63k).

In 2022, Bulgaria imported $692k in Cobalt, mainly from Germany ($557k), France ($50.9k), United States ($21.8k), Romania ($12.2k), and China ($11.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Switzerland$3.73k (1%)
Netherlands$3.21k (211%)
Greece$1.63k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt BY Bulgaria WERE (2021 - 2022):
Germany-$15.1k (-55.3%)
Italy-$2.62k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Cobalt were:
In 2022, Bulgaria's main importing competitors in Cobalt were:

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Trade Value of Cobalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $21.3k
TOP IMPORT POTENTIALUnited States+ $33.7k

Cobalt’s highest export potential is Germany. With an export gap of $21.3k.   Cobalt’s highest import potential is United States with an import gap of $33.7k.

See methodology.

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