2022
Exports
$1.82MWorld Rnk 45 / 97
Flag Rnk 775 / 1204
2022
PRODUCT COMPLEXITY IN Cobalt
-1.74Rnk 975 / 1025
2022
Imports
$4.31MWorld Rnk 41 / 159
Flag Rnk 862 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $1.82M in Cobalt, making it the 45th largest exporter of Cobalt in the world. At the same year, Cobalt was the 775th most exported product in Romania. The main destination of Cobalt exports from Romania are: United States ($644k), United Kingdom ($563k), Hungary ($263k), Moldova ($119k), and Switzerland ($116k).

The fastest growing export markets for Cobalt of Romania between 2021 and 2022 were United States ($632k), United Kingdom ($368k), and Switzerland ($92.5k).

Imports In 2022, Romania imported $4.31M in Cobalt, becoming the 41st largest importer of Cobalt in the world. At the same year, Cobalt was the 862nd most imported product in Romania. Romania imports Cobalt primarily from: United States ($1.93M), Germany ($1.61M), Italy ($507k), France ($107k), and United Kingdom ($71.6k).

The fastest growing import markets in Cobalt for Romania between 2021 and 2022 were United States ($855k), Italy ($111k), and Germany ($72.9k).

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)$1.82M
IMPORTS (2022)$4.31M
NET TRADE (2022)-$2.49M

In 2022, Romania exported $1.82M in Cobalt. The main destinations of Romania exports on Cobalt were United States ($644k), United Kingdom ($563k), Hungary ($263k), Moldova ($119k), and Switzerland ($116k).

In 2022, Romania imported $4.31M in Cobalt, mainly from United States ($1.93M), Germany ($1.61M), Italy ($507k), France ($107k), and United Kingdom ($71.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt EXPORT MARKETS FOR Romania WERE (2021 - 2022):
United States$632k (5.35k%)
United Kingdom$368k (189%)
Switzerland$92.5k (401%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt BY Romania WERE (2021 - 2022):
Austria-$55.3k (-99.7%)
France-$53.7k (-83.8%)
Italy-$31.8k (-96.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Cobalt were:
In 2022, Romania'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+ $366k
TOP IMPORT POTENTIALChina+ $90k

Cobalt’s highest export potential is United States. With an export gap of $366k.   Cobalt’s highest import potential is China with an import gap of $90k.

See methodology.

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