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450310 (Harmonized System 1992 for 6-digit)

2022
World Trade $651MRnk 2664 / 4648
2022
Top Exporter | Top Importer $496M | $150MPortugal | United States
2022
Product Complexity -0.78Rnk 3576 / 4653
2021 - 2022
Export Growth (CAGR) -0.45%Rnk 3026 / 4648
2022
Share of World Trade 0.0027%Rnk 2664 / 4648

About

Overview This page contains the latest trade data of Corks and stoppers, natural cork. In 2022, Corks and stoppers, natural cork were the world's 2664th most traded product, with a total trade of $651M. Between 2021 and 2022 the exports of Corks and stoppers, natural cork decreased by -0.45%, from $654M to $651M. Trade in Corks and stoppers, natural cork represent 0.0027% of total world trade.

Corks and stoppers, natural cork are a part of Natural Cork Articles.

Exports In 2022 the top exporters of Corks and stoppers, natural cork  were Portugal ($496M), Spain ($43.2M), France ($26.6M), Italy ($22.8M), and United States ($11.7M).

Imports In 2022 the top importers of Corks and stoppers, natural cork were United States ($150M), France ($134M), Italy ($62.7M), Spain ($61.2M), and Mexico ($39.5M).

Ranking Corks and stoppers, natural cork ranks 3576th in the Product Complexity Index (PCI).

Description Cork is a substance that can be harvested from the bark of the cork oak tree. Stoppers are a different kind of cork and come in either metal or plastic. Cork is used to seal in the air from a wine bottle, stoppers seal in the air from a sparkling wine bottle.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Corks and stoppers, natural cork. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Portugal$496M
Top Destination (2022)United States$150M

In 2022 Corks and stoppers, natural cork were the world's 2664th most traded product (out of 4,648).

In 2022, the top exporters of Corks and stoppers, natural cork were Portugal ($496M), Spain ($43.2M), France ($26.6M), Italy ($22.8M), and United States ($11.7M).

In 2022, the top importers of Corks and stoppers, natural cork were United States ($150M), France ($134M), Italy ($62.7M), Spain ($61.2M), and Mexico ($39.5M).

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Exporters of Corks and stoppers, natural cork (2022)
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Importers of Corks and stoppers, natural cork (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Spain$9.52M
Top Destination Growth (2021 -  2022)Italy$11.1M

Between 2021 and 2022, the exports of Corks and stoppers, natural cork grew the fastest in Spain ($9.52M), Tunisia ($3.76M), Morocco ($3.24M), Mexico ($2.97M), and France ($2.06M).

Between 2021 and 2022, the fastest growing importers of Corks and stoppers, natural cork were Italy ($11.1M), United Kingdom ($4.68M), Portugal ($2.53M), Canada ($1.79M), and Guatemala ($1.18M).

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Exporters of Corks and stoppers, natural cork (2021 - 2022)

Importers of Corks and stoppers, natural cork (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Corks and stoppers, natural cork.

In 2022, market concentration measured using Shannon Entropy, was 1.61. This means that most of the exports of Corks and stoppers, natural cork are explained by 3 countries.

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Value of Exports in Corks and stoppers, natural cork

Net Trade

TOP NET EXPORTER (2022)Portugal$468M
TOP NET IMPORTER (2022)United States$138M

This map shows which countries export or import more of Corks and stoppers, natural cork. Each country is colored based on the difference in exports and imports of Corks and stoppers, natural cork during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Corks and stoppers, natural cork were Portugal ($468M), Morocco ($8.34M), Tunisia ($6.49M), Hong Kong ($4.39M), and Algeria ($2.08M).

In 2022, the countries that had a largest trade value in imports than in exports of Corks and stoppers, natural cork were United States ($138M), France ($107M), Italy ($39.8M), Mexico ($35M), and United Kingdom ($28.1M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Corks and stoppers, natural cork.
It is possible to select the main countries that export or import Corks and stoppers, natural cork in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Corks and stoppers, natural cork by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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