2022
Exports
$120MWorld Rnk 15 / 97
Flag Rnk 50 / 1105
2022
PRODUCT COMPLEXITY IN Cobalt
-1.74Rnk 975 / 1025
2022
Imports
$421kWorld Rnk 62 / 159
Flag Rnk 975 / 1188
2022
ECONOMIC COMPLEXITY of Morocco
-0.29Rnk 80 / 133

About

Exports In 2022, Morocco exported $120M in Cobalt, making it the 15th largest exporter of Cobalt in the world. At the same year, Cobalt was the 50th most exported product in Morocco. The main destination of Cobalt exports from Morocco are: Chinese Taipei ($30.5M), Belgium ($25.4M), Japan ($20.7M), United States ($12.9M), and United Kingdom ($8.95M).

The fastest growing export markets for Cobalt of Morocco between 2021 and 2022 were Chinese Taipei ($17.4M), Belgium ($15.3M), and United Kingdom ($8.86M).

Imports In 2022, Morocco imported $421k in Cobalt, becoming the 62nd largest importer of Cobalt in the world. At the same year, Cobalt was the 975th most imported product in Morocco. Morocco imports Cobalt primarily from: France ($254k), United States ($120k), Germany ($45.1k), Sweden ($1.09k), and India ($67).

The fastest growing import markets in Cobalt for Morocco between 2021 and 2022 were France ($114k), United States ($41.6k), and Germany ($31.8k).

Latest Trends

Aug 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)$120M
IMPORTS (2022)$421k
NET TRADE (2022)$119M

In 2022, Morocco exported $120M in Cobalt. The main destinations of Morocco exports on Cobalt were Chinese Taipei ($30.5M), Belgium ($25.4M), Japan ($20.7M), United States ($12.9M), and United Kingdom ($8.95M).

In 2022, Morocco imported $421k in Cobalt, mainly from France ($254k), United States ($120k), Germany ($45.1k), Sweden ($1.09k), and India ($67).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt EXPORT MARKETS FOR Morocco WERE (2021 - 2022):
Chinese Taipei$17.4M (132%)
Belgium$15.3M (151%)
United Kingdom$8.86M (9.73k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt BY Morocco WERE (2021 - 2022):
Netherlands-$21.8M (-77.7%)
Brazil-$5.96M (-67%)
South Korea-$2.56M (-44.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Morocco's main exporting competitors in Cobalt were:
In 2022, Morocco'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 POTENTIALUnited States+ $4M
TOP IMPORT POTENTIALUnited States+ $72.2k

Cobalt’s highest export potential is United States. With an export gap of $4M.   Cobalt’s highest import potential is United States with an import gap of $72.2k.

See methodology.

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