2022
Exports
$339MWorld Rnk 4 / 97
Flag Rnk 64 / 1205
2022
PRODUCT COMPLEXITY IN Cobalt
-1.74Rnk 975 / 1025
2022
Imports
$15.5MWorld Rnk 30 / 159
Flag Rnk 541 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $339M in Cobalt, making it the 4th largest exporter of Cobalt in the world. At the same year, Cobalt was the 64th most exported product in Finland. The main destination of Cobalt exports from Finland are: Japan ($270M), United States ($26M), Canada ($12.6M), China ($11.5M), and Belgium ($3.84M).

The fastest growing export markets for Cobalt of Finland between 2021 and 2022 were Japan ($32.5M), China ($11.3M), and Canada ($8.62M).

Imports In 2022, Finland imported $15.5M in Cobalt, becoming the 30th largest importer of Cobalt in the world. At the same year, Cobalt was the 541st most imported product in Finland. Finland imports Cobalt primarily from: Belgium ($11.1M), Germany ($1.76M), Sweden ($808k), United Kingdom ($604k), and United States ($323k).

The fastest growing import markets in Cobalt for Finland between 2021 and 2022 were Belgium ($8.28M), Germany ($778k), and United Kingdom ($472k).

Latest Trends

Apr 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)$339M
IMPORTS (2022)$15.5M
NET TRADE (2022)$323M

In 2022, Finland exported $339M in Cobalt. The main destinations of Finland exports on Cobalt were Japan ($270M), United States ($26M), Canada ($12.6M), China ($11.5M), and Belgium ($3.84M).

In 2022, Finland imported $15.5M in Cobalt, mainly from Belgium ($11.1M), Germany ($1.76M), Sweden ($808k), United Kingdom ($604k), and United States ($323k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Japan$32.5M (13.7%)
China$11.3M (7.01k%)
Canada$8.62M (215%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt BY Finland WERE (2021 - 2022):
Belgium-$3.87M (-50.1%)
Sweden-$2.25M (-90%)
Brazil-$840k (-88.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cobalt by Exporters

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