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2022
Exports $156MWorld Rnk 1 / 74
Flag Rnk 390 / 1214
2022
Destination $17.1M Portugal
2021 - 2022
FASTEST GROWING MARKET $17.1MPortugal
2022
Imports $82.8MWorld Rnk 2 / 150
Flag Rnk 567 / 1214
2022
Origin $16.3M Portugal
2021 - 2022
FASTEST GROWING ORIGIN $16.3MPortugal
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $156M in Raw Cork, making it the 1st largest exporter of Raw Cork in the world. At the same year, Raw Cork was the 390th most exported product in Spain. The main destination of Raw Cork exports from Spain are: Portugal ($130M), France ($23.4M), Netherlands ($731k), China ($364k), and Belgium ($329k).

The fastest growing export markets for Raw Cork of Spain between 2021 and 2022 were Portugal ($17.1M), France ($1.31M), and China ($268k).

Imports In 2022, Spain imported $82.8M in Raw Cork, becoming the 2nd largest importer of Raw Cork in the world. At the same year, Raw Cork was the 567th most imported product in Spain. Spain imports Raw Cork primarily from: Portugal ($65.9M), Italy ($6.06M), Morocco ($5.39M), France ($3.5M), and Tunisia ($1.66M).

The fastest growing import markets in Raw Cork for Spain between 2021 and 2022 were Portugal ($16.3M), Morocco ($3.34M), and France ($851k).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Raw Cork exports accounted up to €6.17M and imports accounted up to €9.99M, resulting in a negative trade balance of €3.82M. Between June 2023 and June 2024 the exports of Spain's   Raw Cork have decreased by €-2.52M (-29%) from €8.69M to €6.17M, while imports decreased by €-558k (-5.29%) from €10.5M to €9.99M.

Destinations In June 2024, Raw Cork were exported mostly to Portugal (€4.04M), France (€1.82M), Netherlands (€96.3k), Morocco (€82.3k), and India (€55k), and were imported mostly from Portugal (€8.4M), Italy (€1.02M), France (€336k), and Morocco (€236k).

Growth In June 2024, the decrease in Raw Cork's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Raw Cork's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-2.52M(-29%)
IMPORT GROWTH (June 2023 - June 2024)€-558k(-5.29%)
MAIN EXPORTER (June 2024)Badajoz€6.4M
MAIN DESTINATION (June 2024)Portugal€4.04M

This section shows Raw Cork'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 Raw Cork over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$156M
IMPORTS (2022)$82.8M
NET TRADE (2022)$73M

In 2022, Spain exported $156M in Raw Cork. The main destinations of Spain exports on Raw Cork were Portugal ($130M), France ($23.4M), Netherlands ($731k), China ($364k), and Belgium ($329k).

In 2022, Spain imported $82.8M in Raw Cork, mainly from Portugal ($65.9M), Italy ($6.06M), Morocco ($5.39M), France ($3.5M), and Tunisia ($1.66M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Cork EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Portugal$17.1M (15.3%)
France$1.31M (5.9%)
China$268k (280%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Cork BY Spain WERE (2021 - 2022):
Austria-$209k (-44.4%)
United Kingdom-$191k (-88.6%)
Ecuador-$124k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Raw Cork were:
Portugal $114M
Italy $19.7M
In 2022, Spain's main importing competitors in Raw Cork were:
Portugal $158M
France $29.1M

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Trade Value of Raw Cork by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $358k
TOP IMPORT POTENTIALAlgeria+ $172k

Raw Cork’s highest export potential is China. With an export gap of $358k.   Raw Cork’s highest import potential is Algeria with an import gap of $172k.

See methodology.

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