2022
Exports
$30.7MWorld Rnk 20 / 97
Flag Rnk 386 / 1198
2022
PRODUCT COMPLEXITY IN Cobalt
-1.74Rnk 975 / 1025
2022
Imports
$172MWorld Rnk 10 / 159
Flag Rnk 226 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $30.7M in Cobalt, making it the 20th largest exporter of Cobalt in the world. At the same year, Cobalt was the 386th most exported product in Singapore. The main destination of Cobalt exports from Singapore are: China ($16.3M), Netherlands ($5.61M), India ($1.9M), United Kingdom ($1.89M), and Malaysia ($1.44M).

The fastest growing export markets for Cobalt of Singapore between 2021 and 2022 were China ($12.8M), Netherlands ($4.63M), and United Kingdom ($839k).

Imports In 2022, Singapore imported $172M in Cobalt, becoming the 10th largest importer of Cobalt in the world. At the same year, Cobalt was the 226th most imported product in Singapore. Singapore imports Cobalt primarily from: Democratic Republic of the Congo ($151M), United States ($9.75M), Canada ($4.79M), China ($1.41M), and Chinese Taipei ($1.3M).

The fastest growing import markets in Cobalt for Singapore between 2021 and 2022 were Democratic Republic of the Congo ($17.5M), United States ($3.22M), and China ($887k).

Latest Trends

Jul 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)$30.7M
IMPORTS (2022)$172M
NET TRADE (2022)-$141M

In 2022, Singapore exported $30.7M in Cobalt. The main destinations of Singapore exports on Cobalt were China ($16.3M), Netherlands ($5.61M), India ($1.9M), United Kingdom ($1.89M), and Malaysia ($1.44M).

In 2022, Singapore imported $172M in Cobalt, mainly from Democratic Republic of the Congo ($151M), United States ($9.75M), Canada ($4.79M), China ($1.41M), and Chinese Taipei ($1.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
China$12.8M (360%)
Netherlands$4.63M (470%)
United Kingdom$839k (80%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt BY Singapore WERE (2021 - 2022):
Japan-$20.3M (-99.4%)
Chinese Taipei-$6.67M (-93.2%)
South Korea-$1.59M (-81.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Cobalt were:
In 2022, Singapore'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 POTENTIALChina+ $2.77M
TOP IMPORT POTENTIALChina+ $670k

Cobalt’s highest export potential is China. With an export gap of $2.77M.   Cobalt’s highest import potential is China with an import gap of $670k.

See methodology.

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