Natural Cork Articles in Portugal

EXPORTS (2018): $583M, World Rnk 1 / 89
Flag Rnk 23 / 1191

TOP DESTINATION (2018): $145M, United States

FASTEST GROWING MARKET (2017 - 2018): $13.3M, Spain

IMPORTS (2018): $46M, World Rnk 5 / 167
Flag Rnk 359 / 1202

TOP ORIGIN (2018): $18.8M, Spain

FASTEST GROWING ORIGIN (2017 - 2018): $15.9M, Spain

ECONOMIC COMPLEXITY of Portugal (2018): 0.46, Rnk 48 / 137

PRODUCT COMPLEXITY  IN Natural Cork Articles (2018): -1.05, Rnk 834 / 1018

Overview: This page contains the latest trade data of Natural Cork Articles in Portugal.

Exports: In 2018, Portugal exported $583M in Natural Cork Articles, making it the 1st largest exporter of Natural Cork Articles in the world. At the same year, Natural Cork Articles was the 23rd most exported product in Portugal. The main destination of Natural Cork Articles exports from Portugal are: United States ($145M), France ($136M), Spain ($66.7M), Italy ($48.9M), and United Kingdom ($29.9M).

The fastest growing export markets for Natural Cork Articles of Portugal between 2017 and 2018 were Spain ($13.3M), France ($12.9M), and United Kingdom ($9.6M).

Imports: In 2018, Portugal imported $46M in Natural Cork Articles, becoming the 5th largest importer of Natural Cork Articles in the world. At the same year, Natural Cork Articles was the 359th most imported product in Portugal. Portugal imports Natural Cork Articles primarily from: Spain ($18.8M), Morocco ($13.7M), France ($3.03M), United States ($3.01M), and Tunisia ($2.3M).

The fastest growing import markets in Natural Cork Articles for Portugal between 2017 and 2018 were Spain ($15.9M), Morocco ($2.82M), and France ($1.48M).

Tariffs: In 2017, the average tariff for Portugal in Natural Cork Articles was 1.45%. The countries with the highest import tariffs for Natural Cork Articles were Western Sahara (4.7%), Gabon (4.7%), Libya (4.7%), Mayotte (4.7%), and Reunion (4.7%).

Value

EXPORTS (2018): $583M

IMPORTS (2018): $46M

NET TRADE (2018): $537M

In 2018, Portugal exported $583M in Natural Cork Articles. The main destinations of Portugal exports on Natural Cork Articles were United States ($145M), France ($136M), Spain ($66.7M), Italy ($48.9M), and United Kingdom ($29.9M).

In 2018, Portugal imported $46M in Natural Cork Articles, mainly from Spain ($18.8M), Morocco ($13.7M), France ($3.03M), United States ($3.01M), and Tunisia ($2.3M).

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IN 2018, Portugal HAD A POSITIVE NET TRADE IN Natural Cork Articles WITH:

  • United States, $142M ($145M - $3.01M)
  • France, $133M ($136M - $3.03M)
  • Spain, $47.9M ($66.7M - $18.8M)

IN 2018, Portugal HAD A NEGATIVE NET TRADE IN Natural Cork Articles WITH:

  • Morocco, -$13.7M ($50.6k - $13.7M)
  • Tunisia, -$2.3M ($6.38k - $2.3M)
  • Algeria, -$1.32M ($319k - $1.64M)
Flow

THE FASTEST GROWING Natural Cork Articles EXPORT MARKETS FOR Portugal WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural Cork Articles BY Portugal WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Portugal's main exporting competitors in Natural Cork Articles were:

In 2018, Portugal's main importing competitors in Natural Cork Articles were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Natural Cork Articles in Portugal. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the average tariff for Portugal in Natural Cork Articles was 1.45%.

The countries with the highest tariffs for Natural Cork Articles in Portugal were Western Sahara (4.7%), Gabon (4.7%), Libya (4.7%), Mayotte (4.7%), and Reunion (4.7%).

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