2023
Exports
$86.4kWorld Rnk 60 / 98
Flag Rnk 1045 / 1192
2023
PRODUCT COMPLEXITY IN Cobalt
-1.98Rnk 996 / 1025
2023
Imports
$3.3MWorld Rnk 44 / 151
Flag Rnk 924 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $86.4k in Cobalt, making it the 60th largest exporter of Cobalt in the world. At the same year, Cobalt was the 1045th most exported product in Indonesia. The main destination of Cobalt exports from Indonesia are: South Korea ($58.5k), United Kingdom ($21.4k), United States ($5.44k), Mozambique ($1k), and Singapore ($86).

The fastest growing export markets for Cobalt of Indonesia between 2022 and 2023 were United States ($5.44k), Mozambique ($1k), and Singapore ($86).

Imports In 2023, Indonesia imported $3.3M in Cobalt, becoming the 44th largest importer of Cobalt in the world. At the same year, Cobalt was the 924th most imported product in Indonesia. Indonesia imports Cobalt primarily from: Japan ($1.05M), United States ($782k), Canada ($484k), Netherlands ($231k), and China ($225k).

The fastest growing import markets in Cobalt for Indonesia between 2022 and 2023 were Canada ($259k), Netherlands ($230k), and Singapore ($93.3k).

Latest Trends

Jan 2025

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 (2023)$86.4k
IMPORTS (2023)$3.3M
NET TRADE (2023)-$3.21M

In 2023, Indonesia exported $86.4k in Cobalt. The main destinations of Indonesia exports on Cobalt were South Korea ($58.5k), United Kingdom ($21.4k), United States ($5.44k), Mozambique ($1k), and Singapore ($86).

In 2023, Indonesia imported $3.3M in Cobalt, mainly from Japan ($1.05M), United States ($782k), Canada ($484k), Netherlands ($231k), and China ($225k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cobalt EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
United States$5.44k (1%)
Mozambique$1k (1%)
Singapore$86 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt BY Indonesia WERE (2022 - 2023):
United Kingdom-$5.32M (-99.6%)
South Korea-$334k (-85.1%)
Malaysia-$1.28k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Indonesia's main exporting competitors in Cobalt were:
In 2023, Indonesia'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 POTENTIALSouth Korea+ $328k
TOP IMPORT POTENTIALJapan+ $321k

Cobalt’s highest export potential is South Korea. With an export gap of $328k.   Cobalt’s highest import potential is Japan with an import gap of $321k.

See methodology.

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