HS Icon Natural Cork Articles in  Flag Portugal

2019
Exports | Imports
: $514M | $41.4M, World Rnk 1 / 106
Flag Rnk 25 / 1208 | World Rnk 5 / 190
Flag Rnk 366 / 1210

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $2.26M | $2.77M, Russia |  Hungary

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

2019
PRODUCT COMPLEXITY  IN Natural Cork Articles
: -0.95, Rnk 825 / 1029

Exports In 2019, Portugal exported $514M 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 25th most exported product in Portugal. The main destination of Natural Cork Articles exports from Portugal are: United States ($128M), France ($108M), Spain ($54.3M), Italy ($43.9M), and United Kingdom ($30.5M).

The fastest growing export markets for Natural Cork Articles of Portugal between 2018 and 2019 were Russia ($2.26M), Mexico ($996k), and South Africa ($942k).

Imports In 2019, Portugal imported $41.4M 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 366th most imported product in Portugal. Portugal imports Natural Cork Articles primarily from: Spain ($13.1M), Morocco ($11.7M), United States ($3.12M), Hungary ($2.77M), and Italy ($2.73M).

The fastest growing import markets in Natural Cork Articles for Portugal between 2018 and 2019 were Hungary ($2.77M), Italy ($1.05M), and Brazil ($359k).

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 (Most Favoured Nation duty rate treatement, 4.7%), Gabon (Most Favoured Nation duty rate treatement, 4.7%), Libya (Most Favoured Nation duty rate treatement, 4.7%), Mayotte (Most Favoured Nation duty rate treatement, 4.7%), and Reunion (Most Favoured Nation duty rate treatement, 4.7%).

Historical Data

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EXPORTS (2019): $514M

IMPORTS (2019): $41.4M

NET TRADE (2019): $473M

In 2019, Portugal exported $514M in Natural Cork Articles. The main destinations of Portugal exports on Natural Cork Articles were United States ($128M), France ($108M), Spain ($54.3M), Italy ($43.9M), and United Kingdom ($30.5M).

In 2019, Portugal imported $41.4M in Natural Cork Articles, mainly from Spain ($13.1M), Morocco ($11.7M), United States ($3.12M), Hungary ($2.77M), and Italy ($2.73M).

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

IN 2019, Portugal HAD A NEGATIVE NET TRADE IN Natural Cork Articles WITH:

Flow

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

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

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Market Concentration

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

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

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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 (Most Favoured Nation duty rate treatement, 4.7%), Gabon (Most Favoured Nation duty rate treatement, 4.7%), Libya (Most Favoured Nation duty rate treatement, 4.7%), Mayotte (Most Favoured Nation duty rate treatement, 4.7%), and Reunion (Most Favoured Nation duty rate treatement, 4.7%).