2022
Exports
$8.34kWorld Rnk 80 / 97
Flag Rnk 1031 / 1142
2022
PRODUCT COMPLEXITY IN Cobalt
-1.74Rnk 975 / 1025
2022
Imports
$2.98MWorld Rnk 46 / 159
Flag Rnk 776 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $8.34k in Cobalt, making it the 80th largest exporter of Cobalt in the world. At the same year, Cobalt was the 1031st most exported product in Colombia. The main destination of Cobalt exports from Colombia are: Germany ($5.56k), Indonesia ($2.62k), and United States ($165).

The fastest growing export markets for Cobalt of Colombia between 2021 and 2022 were Germany ($5.56k) and Indonesia ($2.62k).

Imports In 2022, Colombia imported $2.98M in Cobalt, becoming the 46th largest importer of Cobalt in the world. At the same year, Cobalt was the 776th most imported product in Colombia. Colombia imports Cobalt primarily from: Canada ($2.65M), United States ($157k), South Africa ($56.2k), France ($36.2k), and Germany ($26.4k).

The fastest growing import markets in Cobalt for Colombia between 2021 and 2022 were Canada ($2.1M), United States ($115k), and France ($32.5k).

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)$8.34k
IMPORTS (2022)$2.98M
NET TRADE (2022)-$2.97M

In 2022, Colombia exported $8.34k in Cobalt. The main destinations of Colombia exports on Cobalt were Germany ($5.56k), Indonesia ($2.62k), and United States ($165).

In 2022, Colombia imported $2.98M in Cobalt, mainly from Canada ($2.65M), United States ($157k), South Africa ($56.2k), France ($36.2k), and Germany ($26.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Germany$5.56k (1%)
Indonesia$2.62k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt BY Colombia WERE (2021 - 2022):
United States-$11.2k (-98.6%)
Cyprus-$840 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Cobalt were:
In 2022, Colombia'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+ $6.58k
TOP IMPORT POTENTIALUnited States+ $177k

Cobalt’s highest export potential is Germany. With an export gap of $6.58k.   Cobalt’s highest import potential is United States with an import gap of $177k.

See methodology.

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