2022
Exports
$510MWorld Rnk 1 / 120
Flag Rnk 31 / 1216
2022
PRODUCT COMPLEXITY IN Natural Cork Articles
-0.86Rnk 792 / 1025
2022
Imports
$32.7MWorld Rnk 6 / 201
Flag Rnk 451 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $510M 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 31st most exported product in Portugal. The main destination of Natural Cork Articles exports from Portugal are: United States ($139M), France ($110M), Spain ($55.5M), Italy ($47.4M), and Mexico ($29.3M).

The fastest growing export markets for Natural Cork Articles of Portugal between 2021 and 2022 were United Kingdom ($4.43M), Italy ($1.61M), and Guatemala ($932k).

Imports In 2022, Portugal imported $32.7M in Natural Cork Articles, becoming the 6th largest importer of Natural Cork Articles in the world. At the same year, Natural Cork Articles was the 451st most imported product in Portugal. Portugal imports Natural Cork Articles primarily from: Spain ($14.5M), Morocco ($8.13M), Tunisia ($2.67M), Italy ($1.84M), and Algeria ($1.71M).

The fastest growing import markets in Natural Cork Articles for Portugal between 2021 and 2022 were Morocco ($2.75M), Spain ($2.64M), and Tunisia ($1.56M).

COMPANIES In 2023, leading companies such as Pernod Ricard (1) were at the forefront of shipping Natural Cork Articles from Portugal to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Natural Cork Articles. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$510M
IMPORTS (2022)$32.7M
NET TRADE (2022)$478M

In 2022, Portugal exported $510M in Natural Cork Articles. The main destinations of Portugal exports on Natural Cork Articles were United States ($139M), France ($110M), Spain ($55.5M), Italy ($47.4M), and Mexico ($29.3M).

In 2022, Portugal imported $32.7M in Natural Cork Articles, mainly from Spain ($14.5M), Morocco ($8.13M), Tunisia ($2.67M), Italy ($1.84M), and Algeria ($1.71M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Natural Cork Articles EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
United Kingdom$4.43M (19%)
Italy$1.61M (3.52%)
Guatemala$932k (170%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural Cork Articles BY Portugal WERE (2021 - 2022):
Chile-$7.69M (-37.6%)
Mexico-$6.07M (-17.1%)
Argentina-$4.82M (-36.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Natural Cork Articles were:
In 2022, Portugal's main importing competitors in Natural Cork Articles were:

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Trade Value of Natural Cork Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $887k
TOP IMPORT POTENTIALChina+ $133k

Natural Cork Articles’s highest export potential is China. With an export gap of $887k.   Natural Cork Articles’s highest import potential is China with an import gap of $133k.

See methodology.

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