2022
Exports
$123MWorld Rnk 6 / 61
Flag Rnk 10 / 1081
2022
PRODUCT COMPLEXITY IN Cobalt Oxides and Hydroxides
-1.68Rnk 970 / 1025
2022
Imports
$118MWorld Rnk 7 / 119
Flag Rnk 9 / 1170
2022
ECONOMIC COMPLEXITY of Namibia
-0.63Rnk 94 / 133

About

Exports In 2022, Namibia exported $123M in Cobalt Oxides and Hydroxides, making it the 6th largest exporter of Cobalt Oxides and Hydroxides in the world. At the same year, Cobalt Oxides and Hydroxides was the 10th most exported product in Namibia. The main destination of Cobalt Oxides and Hydroxides exports from Namibia are: Finland ($108M), Netherlands ($6.23M), Hong Kong ($3.37M), Canada ($3.12M), and China ($2.35M).

The fastest growing export markets for Cobalt Oxides and Hydroxides of Namibia between 2021 and 2022 were Finland ($54.5M), Netherlands ($6.23M), and Hong Kong ($3.37M).

Imports In 2022, Namibia imported $118M in Cobalt Oxides and Hydroxides, becoming the 7th largest importer of Cobalt Oxides and Hydroxides in the world. At the same year, Cobalt Oxides and Hydroxides was the 9th most imported product in Namibia. Namibia imports Cobalt Oxides and Hydroxides primarily from: Democratic Republic of the Congo ($116M), Zambia ($1.88M), and South Africa ($10.3k).

The fastest growing import markets in Cobalt Oxides and Hydroxides for Namibia between 2021 and 2022 were Democratic Republic of the Congo ($35.4M), Zambia ($1.88M), and South Africa ($8.97k).

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 Oxides and Hydroxides. 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)$123M
IMPORTS (2022)$118M
NET TRADE (2022)$5.16M

In 2022, Namibia exported $123M in Cobalt Oxides and Hydroxides. The main destinations of Namibia exports on Cobalt Oxides and Hydroxides were Finland ($108M), Netherlands ($6.23M), Hong Kong ($3.37M), Canada ($3.12M), and China ($2.35M).

In 2022, Namibia imported $118M in Cobalt Oxides and Hydroxides, mainly from Democratic Republic of the Congo ($116M), Zambia ($1.88M), and South Africa ($10.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cobalt Oxides and Hydroxides EXPORT MARKETS FOR Namibia WERE (2021 - 2022):
Finland$54.5M (103%)
Netherlands$6.23M (1%)
Hong Kong$3.37M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cobalt Oxides and Hydroxides BY Namibia WERE (2021 - 2022):
China-$25.5M (-91.6%)
United States-$362k (-100%)
United Arab Emirates-$350k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Namibia's main exporting competitors in Cobalt Oxides and Hydroxides were:
In 2022, Namibia's main importing competitors in Cobalt Oxides and Hydroxides were:

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Trade Value of Cobalt Oxides and Hydroxides by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.46M
TOP IMPORT POTENTIALSouth Africa+ $55.9k

Cobalt Oxides and Hydroxides’s highest export potential is China. With an export gap of $1.46M.   Cobalt Oxides and Hydroxides’s highest import potential is South Africa with an import gap of $55.9k.

See methodology.

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