HS4 subsector intelligence

Cobalt
HS4 8105 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 81051995-2024 coverageDeclining
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$5.4BGlobal subsector value
02

Annual change

+3.2%Latest year on year
03

Exporters

97Active reporting countries
04

Importers

155Active reporting countries
05

HS6 products

3Classifications inside HS4

The subsector read

$5.4B in trade, with -9.7% annualized growth over three years.

Cobalt is recorded across 1,860 active corridors, with 97 exporters and 155 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $1.4B1996: $1.4B1997: $1.5B1998: $1.3B1999: $1.3B2000: $1.4B2001: $1.1B2002: $908.5M2003: $1.2B2004: $2.6B2005: $2.0B2006: $2.2B2007: $3.7B2008: $4.9B2009: $2.0B2010: $2.9B2011: $2.9B2012: $2.5B2013: $2.4B2014: $2.7B2015: $2.8B2016: $2.6B2017: $4.9B2018: $7.8B2019: $4.6B2020: $4.5B2021: $7.3B2022: $9.6B2023: $5.1B2024: $5.4B
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1Democratic Republic of the CongoCODChinaCHN$2.9B-11.4%211,798 kmNo
2ChinaCHNNetherlandsNLD$100.9M+88.4%38,894 kmNo
3NorwayNORUSA, Puerto Rico and US Virgin IslandsUSA$82.9M-16.6%25,930 kmNo
4CanadaCANUSA, Puerto Rico and US Virgin IslandsUSA$73.5M+13.6%3556 kmYes
5AustraliaAUSTaiwanTWN$69.7M+7.2%17,376 kmNo
6USA, Puerto Rico and US Virgin IslandsUSAIrelandIRL$55.9M+7.1%35,129 kmNo
7United KingdomGBRUSA, Puerto Rico and US Virgin IslandsUSA$55.3M+36.2%35,585 kmNo
8FinlandFINJapanJPN$53.9M-38.5%37,838 kmYes
9USA, Puerto Rico and US Virgin IslandsUSAFranceFRA$48.8M+36.9%35,852 kmNo
10USA, Puerto Rico and US Virgin IslandsUSAUnited KingdomGBR$45.2M+18%35,585 kmNo

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1Democratic Republic of the CongoCOD$3.0B72
2USA, Puerto Rico and US Virgin IslandsUSA$426.7M1063
3CanadaCAN$256.1M543
4ChinaCHN$252.2M883
5United KingdomGBR$196.6M793
6JapanJPN$142.7M393
7GermanyDEU$140.4M1143
8FinlandFIN$108.9M303
9NorwayNOR$103.4M153
10AustraliaAUS$96.6M213
Top importers2024 ranking
RankCountryImportsPartnersHS6
1ChinaCHN$3.2B423
2USA, Puerto Rico and US Virgin IslandsUSA$394.9M463
3NetherlandsNLD$174.7M453
4JapanJPN$168.9M313
5GermanyDEU$150.3M593
6United KingdomGBR$148.1M443
7TaiwanTWN$133.3M243
8BelgiumBEL$115.3M283
9FranceFRA$112.0M403
10Republic of KoreaKOR$94.5M343

HS6 product coverage

The products inside HS4 8105

Six-digit classifications make the subsector specific. Browse the product workspace ↗

4 classifications shownCobalt
01
Cobalt: mattes and other intermediate products of cobalt metallurgy, unwrought cobalt, waste and scrap, powdersHS6 810510
02
Cobalt: mattes and other intermediate products of cobalt metallurgy, unwrought cobalt, powdersHS6 810520
03
Cobalt: waste and scrapHS6 810530
04
Cobalt: articles n.e.s. in heading no. 8105HS6 810590

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.