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2022
Exports $48.4MWorld Rnk 2 / 120
Flag Rnk 653 / 1214
2022
Destination $2.75M Portugal
2021 - 2022
FASTEST GROWING MARKET $2.75MItaly
2022
PRODUCT COMPLEXITY IN Natural Cork Articles-0.86Rnk 792 / 1025
2022
Imports $66.8MWorld Rnk 3 / 201
Flag Rnk 624 / 1214
2022
Origin $865k Portugal
2021 - 2022
FASTEST GROWING ORIGIN $865kMorocco
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $48.4M in Natural Cork Articles, making it the 2nd largest exporter of Natural Cork Articles in the world. At the same year, Natural Cork Articles was the 653rd most exported product in Spain. The main destination of Natural Cork Articles exports from Spain are: Portugal ($14.5M), France ($9.91M), Italy ($7.13M), Mexico ($5.3M), and Argentina ($2.33M).

The fastest growing export markets for Natural Cork Articles of Spain between 2021 and 2022 were Italy ($2.75M), Portugal ($2.64M), and Mexico ($2.58M).

Imports In 2022, Spain imported $66.8M in Natural Cork Articles, becoming the 3rd largest importer of Natural Cork Articles in the world. At the same year, Natural Cork Articles was the 624th most imported product in Spain. Spain imports Natural Cork Articles primarily from: Portugal ($55.5M), France ($4.49M), Tunisia ($3.12M), Morocco ($1.15M), and China ($668k).

The fastest growing import markets in Natural Cork Articles for Spain between 2021 and 2022 were Morocco ($865k), Tunisia ($649k), and China ($389k).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Natural Cork Articles exports accounted up to €4.2M and imports accounted up to €3.21M, resulting in a positive trade balance of €987k. Between June 2023 and June 2024 the exports of Spain's   Natural Cork Articles have decreased by €-1.28M (-23.4%) from €5.48M to €4.2M, while imports decreased by €-1.47M (-31.4%) from €4.68M to €3.21M.

Destinations In June 2024, Natural Cork Articles were exported mostly to Portugal (€1.12M), France (€1.12M), Italy (€607k), Chile (€569k), and United States (€231k), and were imported mostly from Portugal (€2.61M), France (€464k), Algeria (€107k), Germany (€15.4k), and China (€10.4k).

Growth In June 2024, the decrease in Natural Cork Articles's year-by-year exports was explained primarily by a decrease in exports to Italy (€-194k or -30.9%), France (€-54.8k or -4.18%), and Austria (€-14k or -37%). In June 2024, the decrease in Natural Cork Articles's year-by-year imports was explained primarily by a decrease in imports from Portugal (€-82.4k or -2.9%), Poland (€-82.8 or -48.5%), and Germany (€-39.6 or -15.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-1.28M(-23.4%)
IMPORT GROWTH (June 2023 - June 2024)€-1.47M(-31.4%)
MAIN EXPORTER (June 2024)Girona€2.25M
MAIN DESTINATION (June 2024)Portugal€1.12M

This section shows Natural Cork Articles's exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Natural Cork Articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$48.4M
IMPORTS (2022)$66.8M
NET TRADE (2022)-$18.4M

In 2022, Spain exported $48.4M in Natural Cork Articles. The main destinations of Spain exports on Natural Cork Articles were Portugal ($14.5M), France ($9.91M), Italy ($7.13M), Mexico ($5.3M), and Argentina ($2.33M).

In 2022, Spain imported $66.8M in Natural Cork Articles, mainly from Portugal ($55.5M), France ($4.49M), Tunisia ($3.12M), Morocco ($1.15M), and China ($668k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Natural Cork Articles EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Italy$2.75M (62.7%)
Portugal$2.64M (22.2%)
Mexico$2.58M (94.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural Cork Articles BY Spain WERE (2021 - 2022):
France-$2.98M (-23.1%)
United States-$435k (-16.3%)
Germany-$208k (-32%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Natural Cork Articles were:
Portugal $510M
United Arab Emirates $28.9M
In 2022, Spain's main importing competitors in Natural Cork Articles were:
United States $156M
France $136M

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Trade Value of Natural Cork Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.91M
TOP IMPORT POTENTIALFrance+ $606k

Natural Cork Articles’s highest export potential is France. With an export gap of $1.91M.   Natural Cork Articles’s highest import potential is France with an import gap of $606k.

See methodology.

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