HS Icon Agglomerated Cork in  Flag Portugal

2019
Exports | Imports
: $534M | $15.1M, World Rnk 1 / 119
Flag Rnk 23 / 1208 | World Rnk 10 / 198
Flag Rnk 588 / 1210

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $5.59M | $5.65M, Spain |  Spain

2019
ECONOMIC COMPLEXITY of Portugal
: 0.51, Rnk 49 / 147

2019
PRODUCT COMPLEXITY  IN Agglomerated Cork
: -0.66, Rnk 748 / 1029

Exports In 2019, Portugal exported $534M in Agglomerated Cork, making it the 1st largest exporter of Agglomerated Cork in the world. At the same year, Agglomerated Cork was the 23rd most exported product in Portugal. The main destination of Agglomerated Cork exports from Portugal are: France ($96M), United States ($71.7M), Italy ($64.2M), Germany ($59.8M), and Spain ($46.4M).

The fastest growing export markets for Agglomerated Cork of Portugal between 2018 and 2019 were Spain ($5.59M), Russia ($3.03M), and Mexico ($2.27M).

Imports In 2019, Portugal imported $15.1M in Agglomerated Cork, becoming the 10th largest importer of Agglomerated Cork in the world. At the same year, Agglomerated Cork was the 588th most imported product in Portugal. Portugal imports Agglomerated Cork primarily from: Spain ($10.1M), France ($1.54M), Italy ($1.47M), United States ($446k), and Germany ($292k).

The fastest growing import markets in Agglomerated Cork for Portugal between 2018 and 2019 were Spain ($5.65M), Italy ($203k), and United States ($197k).

Tariffs In 2017, the average tariff for Portugal in Agglomerated Cork was 1.19%. The countries with the highest import tariffs for Agglomerated Cork were Western Sahara (Most Favoured Nation duty rate treatement, 4.03%), Gabon (Most Favoured Nation duty rate treatement, 4.03%), Libya (Most Favoured Nation duty rate treatement, 4.03%), Mayotte (Most Favoured Nation duty rate treatement, 4.03%), and Reunion (Most Favoured Nation duty rate treatement, 4.03%).

Historical Data

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EXPORTS (2019): $534M

IMPORTS (2019): $15.1M

NET TRADE (2019): $519M

In 2019, Portugal exported $534M in Agglomerated Cork. The main destinations of Portugal exports on Agglomerated Cork were France ($96M), United States ($71.7M), Italy ($64.2M), Germany ($59.8M), and Spain ($46.4M).

In 2019, Portugal imported $15.1M in Agglomerated Cork, mainly from Spain ($10.1M), France ($1.54M), Italy ($1.47M), United States ($446k), and Germany ($292k).

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IN 2019, Portugal HAD A POSITIVE NET TRADE IN Agglomerated Cork WITH:

Flow

THE FASTEST GROWING Agglomerated Cork EXPORT MARKETS FOR Portugal WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Agglomerated Cork BY Portugal WERE (2018 - 2019):

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Market Concentration

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In 2019, Portugal's main exporting competitors in Agglomerated Cork were:

In 2019, Portugal's main importing competitors in Agglomerated Cork were:

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Tariffs by Country

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In 2017, the average tariff for Portugal in Agglomerated Cork was 1.19%.

The countries with the highest tariffs for Agglomerated Cork in Portugal were Western Sahara (Most Favoured Nation duty rate treatement, 4.03%), Gabon (Most Favoured Nation duty rate treatement, 4.03%), Libya (Most Favoured Nation duty rate treatement, 4.03%), Mayotte (Most Favoured Nation duty rate treatement, 4.03%), and Reunion (Most Favoured Nation duty rate treatement, 4.03%).