Imports: Cobalt articles, including scrap
U.S. imports of Cobalt articles, including scrap increased 22.55 percent through August to $319.61 million.
Top Sources
| Rank | Country | YTD |
|---|---|---|
| 1 | Norway | $53.72 M |
| 2 | Canada | $44.28 M |
| 3 | Japan | $42.8 M |
| 4 | Indonesia | $38.29 M |
| 5 | Madagascar | $33.64 M |
| 6 | United Kingdom | $27.65 M |
| 7 | Australia | $19.76 M |
| 8 | Germany | $12.54 M |
| 9 | France | $11.22 M |
| 10 | China | $8.77 M |
Top Gateways
| Rank | Port | YTD |
|---|---|---|
| 1 | Port of Baltimore, MD | $151.03 M |
| 2 | Port of Newark | $32.86 M |
| 3 | Port of Virginia | $18.03 M |
| 4 | Port of Long Beach | $12.85 M |
| 5 | Buffalo Peace Bridge, NY | $9.79 M |
| 6 | Port of Los Angeles | $8.92 M |
| 7 | Port of Wilmington, NC | $8.04 M |
| 8 | Port of Charleston | $7.63 M |
| 9 | Ogdensburg Border Crossing, NY | $7.6 M |
| 10 | Portal-North Portal Border Crossing, ND | $7.53 M |
Top markets Cobalt articles, including scrap
Total:
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Cobalt articles, including scrap by port
Total:
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U.S. imports of Cobalt articles, including scrap increased 22.55 percent through August to $319.61 million
The category ranked 538 through August among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 592 for the last full year with a total value of $384.49 million, a $5.43 million, 1.39 percent decreased from the 2023 total.
Through August of this year the leading sources were No. 1 Norway, No. 2 Canada, No. 3 Japan, No. 4 Indonesia and No. 5 Madagascar. The leading sources were No. 1 Port of Baltimore, MD, No. 2 Port of Newark, No. 3 Port of Virginia, No. 4 Port of Long Beach and No. 5 Buffalo Peace Bridge, NY.
In the last previous full year, the leading sources were No. 1 Norway, No. 2 Canada, No. 3 Japan, No. 4 Madagascar and No. 5 United Kingdom. The leading sources were No. 1 Port of Baltimore, MD, No. 2 Port of Virginia, No. 3 Port of Newark, No. 4 Buffalo Peace Bridge, NY and No. 5 Ogdensburg Border Crossing, NY.
Looking at specific airports, seaports and border crossings, the top five through the first eight months of the year were:
Highlights for the top five ports:
- Port of Baltimore, MD rose 149 percent compared to last year to $151.03 million.
- Port of Newark fell 16.01 percent compared to last year to $32.86 million.
- Port of Virginia fell 72.53 percent compared to last year to $18.03 million.
- Port of Long Beach rose 303.57 percent compared to last year to $12.85 million.
- Buffalo Peace Bridge, NY rose 24.78 percent compared to last year to $9.79 million.
There are several hundred airports, seaports and border crossings that handle international trade; they are, in turn, part of the roughly four dozen U.S. Customs districts.
Highlights for the top five foreign sources:
- U.S. imports from No. 1 Norway decreased $12.74 million, 19.16 percent, (16.81 percent market share).
- U.S. imports from No. 2 Canada decreased $4.35 million, 8.95 percent, (13.85 percent market share).
- U.S. imports from No. 3 Japan increased $8.51 million, 24.81 percent, (13.39 percent market share).
- U.S. imports from No. 4 Indonesia increased $38.29 million, 0 percent, (11.98 percent market share).
- U.S. imports from No. 5 Madagascar increased $1.46 million, 4.52 percent, (10.53 percent market share).
All totaled, 66.56 percent of all these Cobalt articles, including scrap imports to the United States were shipped from the top five sources through August of this year. That is equal to $212.74 million of the $319.61 million total.
All totaled, 70.26 percent of all these Cobalt articles, including scrap imports to the United States were shipped to the top five Ports through August of this year. That is equal to $224.57 million of the $319.61 million total.