Cobalt in   South Korea

Overview In December 2024 South Korea's Cobalt exports accounted up to $247k and imports accounted up to $4.87M, resulting in a negative trade balance of $4.62M. Between December 2023 and December 2024 the exports of South Korea's   Cobalt have decreased by $-317k (-56.2%) from $564k to $247k, while imports decreased by $-3.84M (-44.1%) from $8.71M to $4.87M.

Destinations In December 2024, Cobalt were exported mostly to China ($84k), Japan ($73k), Vietnam ($50k), Indonesia ($28k), and Ireland ($7k), and were imported mostly from United States ($1.57M), Japan ($1.24M), China ($740k), Canada ($660k), and France ($174k).

Growth In December 2024, the decrease in Cobalt's year-by-year exports was explained primarily by a decrease in exports to France ($-16k or -32.7%) and Ireland ($-10k or -28.6%). In December 2024, the decrease in Cobalt's year-by-year imports was explained primarily by a decrease in imports from Democratic Republic of the Congo ($-1.98M or -33.3%), Chinese Taipei ($-1.41M or -77.4%), and Japan ($-1.29M or -54.7%).