# HS 282200 Commercial Cobalt Oxides global trade data overview...

Reported global trade in commercial cobalt oxides reached $5.7B in 2024, with five-year annual growth of +13.6%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $3.2B | +41.1% | +58% |
| 2014 | $3.4B | +4.7% | +19.4% |
| 2015 | $2.5B | -25.5% | +3.3% |
| 2016 | $2.0B | -21.2% | -15% |
| 2017 | $4.7B | +138.3% | +11.9% |
| 2018 | $9.5B | +100.1% | +55.5% |
| 2019 | $3.0B | -68.2% | +14.9% |
| 2020 | $2.5B | -16.1% | -18.8% |
| 2021 | $4.8B | +89.9% | -20.2% |
| 2022 | $3.0B | -37.5% | -0.1% |
| 2023 | $4.3B | +44.3% | +19.7% |
| 2024 | $5.7B | +31.3% | +5.8% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| China | $2.4B | +79.2% | 22 |
| South Africa | $1.6B | -3.5% | 11 |
| Mozambique | $609.1M | +41.7% | 1 |
| Singapore | $186.4M | +90.3% | 9 |
| China, Hong Kong Special Administrative Region | $176.6M | +172.7% | 6 |
| United Arab Emirates | $86.4M | -7.6% | 12 |
| Zambia | $78.7M | +3.4% | 2 |
| Republic of Korea | $74.5M | -19.4% | 19 |
| United Rep. of Tanzania | $69.9M | +2.4% | 4 |
| Finland | $51.8M | -5% | 9 |
| Belgium | $46.6M | +42% | 15 |
| Switzerland, Liechtenstein | $45.8M | +183.3% | 8 |

_Source: reported merchandise trade data. Updated 2026-08-14._