2022
Exports
$388kWorld Rnk 56 / 97
Flag Rnk 1055 / 1211
2022
PRODUCT COMPLEXITY IN Cobalt
-1.74Rnk 975 / 1025
2022
Imports
$30.5MWorld Rnk 23 / 159
Flag Rnk 609 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $388k in Cobalt, making it the 56th largest exporter of Cobalt in the world. At the same year, Cobalt was the 1055th most exported product in Thailand. The main destination of Cobalt exports from Thailand are: Belgium ($234k), Singapore ($104k), China ($27.7k), Germany ($10.5k), and Japan ($8.81k).

The fastest growing export markets for Cobalt of Thailand between 2021 and 2022 were Belgium ($216k), Singapore ($78.8k), and Japan ($8.81k).

Imports In 2022, Thailand imported $30.5M in Cobalt, becoming the 23rd largest importer of Cobalt in the world. At the same year, Cobalt was the 609th most imported product in Thailand. Thailand imports Cobalt primarily from: Bahamas ($8.67M), Canada ($6.03M), Chinese Taipei ($3.94M), Japan ($2.58M), and China ($2.11M).

The fastest growing import markets in Cobalt for Thailand between 2021 and 2022 were Bahamas ($3.89M), Canada ($2.31M), and Chinese Taipei ($1.53M).

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)$388k
IMPORTS (2022)$30.5M
NET TRADE (2022)-$30.1M

In 2022, Thailand exported $388k in Cobalt. The main destinations of Thailand exports on Cobalt were Belgium ($234k), Singapore ($104k), China ($27.7k), Germany ($10.5k), and Japan ($8.81k).

In 2022, Thailand imported $30.5M in Cobalt, mainly from Bahamas ($8.67M), Canada ($6.03M), Chinese Taipei ($3.94M), Japan ($2.58M), and China ($2.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Belgium$216k (1.2k%)
Singapore$78.8k (317%)
Japan$8.81k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt BY Thailand WERE (2021 - 2022):
South Korea-$239k (-100%)
Qatar-$62.9k (-100%)
Germany-$13k (-55.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Cobalt were:
In 2022, Thailand'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+ $118k
TOP IMPORT POTENTIALChina+ $904k

Cobalt’s highest export potential is China. With an export gap of $118k.   Cobalt’s highest import potential is China with an import gap of $904k.

See methodology.

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