Cobalt in Mongolia | The Observatory of Economic Complexity

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2022
PRODUCT COMPLEXITY IN Cobalt-1.74Rnk 975 / 1025

2018
ImportsfalseWorld Rnk 142 / 159
Flag

Rnk 1049 / 1107

2022
ECONOMIC COMPLEXITY of Mongolia-1.26Rnk 120 / 133

Image 1

Image by TheLeadSA
Link: https://flic.kr/p/wkZsdJ

Image 2

Image by Paulo Philippidis
Link: https://flic.kr/p/8uDRi7

Latest Trends
Historical Data
Potential Exports

About

Imports In 2022, Mongolia imported $2.03k in Cobalt, becoming the 142nd largest importer of Cobalt in the world. At the same year, Cobalt was the 1049th most imported product in Mongolia. Mongolia imports Cobalt primarily from: Spain ($1.37k) and Germany ($665).

The fastest growing import markets in Cobalt for Mongolia between N/A and 2022 were Spain ($1.37k) and Germany ($665).

Latest Trends

Nov 2024

Subnational Monthly Trade

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Exports

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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

Trade Value

Growth

Growth (%)

Year

IMPORTS (2022)$2.03k

In 2022, Mongolia imported $2.03k in Cobalt, mainly from Spain ($1.37k) and Germany ($665).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Exports

Imports

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Ending

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Change in Exports by Market (2020 - 2022)

Market Concentration

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Import

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In 2022, Mongolia's main exporting competitors in Cobalt were:

Democratic Republic of the Congo $5.99B

United States $398M

In 2022, Mongolia's main importing competitors in Cobalt were:

United States $523M

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Trade Value of Cobalt by Exporters

Potential Exports

Potential Exports

Flow

Exports

Imports

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TOP EXPORT POTENTIALChina+ $942

TOP IMPORT POTENTIALGermany+ $907

Cobalt’s highest export potential is China. With an export gap of $942. Cobalt’s highest import potential is Germany with an import gap of $907.

See methodology.

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