Imports
€2.0B
59.2M kg
Exports
€1.1B
33.1M kg
Balance
€-895.1M
Deficit
Price/kg
€33.09/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €895.1M for OTHER BASE METALS; CERMETS; ARTICLES THEREOF, Cobalt mattes and other intermediate products of cobalt metallurgy; cobalt and articles thereof, including waste and scrap (NC8 8105), a product with balanced trade flows. Imports reached €2.0B versus €1.1B in exports. The average import cost stood at €33.09/kg.
| Value (EUR) |
|---|
| Share (%) |
|---|
| 1 | 🇺🇸 United States | €621.8M | 31.7% |
| 2 | 🇨🇦 Canada | €263.9M | 13.5% |
| 3 | 🇨🇳 China | €193.4M | 9.9% |
| 4 | 🇬🇧 United Kingdom | €147.8M | 7.5% |
| 5 | 🇯🇵 Japan | €105.7M | 5.4% |
| 6 | 🇲🇬 Madagascar | €92.6M | 4.7% |
| 7 | 🇨🇭 Switzerland | €21.0M | 1.1% |
| 8 | 🇹🇷 Türkiye | €17.3M | 0.9% |
| 9 | 🇨🇷 Costa Rica | €17.2M | 0.9% |
| 10 | 🇧🇷 Brazil | €5.0M | 0.3% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇺🇸 United States | €251.1M | 23.6% |
| 2 | 🇬🇧 United Kingdom | €163.2M | 15.3% |
| 3 | 🇯🇵 Japan | €85.0M | 8.0% |
| 4 | 🇧🇷 Brazil | €72.8M | 6.8% |
| 5 | 🇮🇳 India | €67.1M | 6.3% |
| 6 | 🇨🇭 Switzerland | €64.1M | 6.0% |
| 7 | 🇨🇳 China | €50.9M | 4.8% |
| 8 | 🇨🇦 Canada | €2.4M | 0.2% |
| 9 | 🇹🇷 Türkiye | €1.3M | 0.1% |
| 10 | 🇰🇷 South Korea | €723K | 0.1% |
€0
€0
€0
€33.09/kg
€32.19/kg
2,430
ModerateThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇺🇸 United States | €621.8M | 18.9Mt | €32.82/kg | 41.9% | |
| 2 | 🇨🇦 Canada | €263.9M | 6.2Mt | €42.48/kg | 17.8% | |
| 3 | 🇨🇳 China | €193.4M | 5.1Mt | €37.80/kg | 13.0% | |
| 4 | 🇬🇧 United Kingdom | €147.8M | 2.9Mt | €50.41/kg | 9.9% | |
| 5 | 🇯🇵 Japan | €105.7M | 3.1Mt | €33.61/kg | 7.1% | |
| 6 | 🇲🇬 MG | €92.6M | 2.4Mt | €39.35/kg | 6.2% | |
| 7 | 🇨🇭 Switzerland | €21.0M | 144Kt | €146.28/kg | 1.4% | |
| 8 | 🇹🇷 Turkey | €17.3M | 1.4Mt | €12.22/kg | 1.2% | |
| 9 | 🇨🇷 CR | €17.2M | 25Kt | €676.82/kg | 1.2% | |
| 10 | 🇧🇷 Brazil | €5.0M | 158Kt | €31.46/kg | 0.3% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇺🇸 United States | €251.1M | 9.1Mt | €27.75/kg | 33.1% | |
| 2 | 🇬🇧 United Kingdom | €163.2M | 6.3Mt | €25.88/kg | 21.5% | |
| 3 | 🇯🇵 Japan | €85.0M | 1.7Mt | €51.52/kg | 11.2% | |
| 4 | 🇧🇷 Brazil | €72.8M | 2.5Mt | €28.97/kg | 9.6% | |
| 5 | 🇮🇳 India | €67.1M | 2.6Mt | €25.78/kg | 8.8% | |
| 6 | 🇨🇭 Switzerland | €64.1M | 350Kt | €183.23/kg | 8.4% | |
| 7 | 🇨🇳 China | €50.9M | 227Kt | €223.90/kg | 6.7% | |
| 8 | 🇨🇦 Canada | €2.4M | 574Kt | €4.24/kg | 0.3% | |
| 9 | 🇹🇷 Turkey | €1.3M | 56Kt | €23.87/kg | 0.2% | |
| 10 | 🇰🇷 South Korea | €723K | 108Kt | €6.69/kg | 0.1% |