Corks, crown, of base metal830910 (Harmonized System 1992 for 6-digit)
2021 World Trade: $426M, Rnk 3027 / 4641
2021 Top Exporter | Top Importer: $131M | $84.9M, Italy | United States
2021 Product Complexity: -1.15, Rnk 3953 / 4648
2020 - 2021 Export Growth (CAGR): 1.9%, Rnk 4020 / 4641
2018 Mean Tariff: 10.5%, Rnk 2104 / 6538
2021 Share of World Trade: <0.01%, Rnk 3027 / 4641
Overview This page contains the latest trade data of Corks, crown, of base metal. In 2021, Corks, crown, of base metal were the world's 3027th most traded product, with a total trade of $426M. Between 2020 and 2021 the exports of Corks, crown, of base metal grew by 1.9%, from $418M to $426M. Trade in Corks, crown, of base metal represent 0.00002% of total world trade.
Corks, crown, of base metal are a part of Metal Stoppers.
Exports In 2021 the top exporters of Corks, crown, of base metal were Italy ($131M), Mexico ($75M), Germany ($47.2M), France ($17.2M), and Kenya ($13.8M).
Imports In 2021 the top importers of Corks, crown, of base metal were United States ($84.9M), France ($23.9M), Belgium ($21.2M), Netherlands ($19.3M), and United Kingdom ($16.9M).
Tariffs In 2018 the average tariff for Corks, crown, of base metal was 10.5%, making it the 2104th lowest tariff using the HS6 product classification.
Ranking Corks, crown, of base metal ranks 3953rd in the Product Complexity Index (PCI).
Description Corks are the stoppers for wine bottles. They are made of a natural material, cork, which is cut to fit the bottle and the top of the cork is then compressed into the bottle opening. Crowns are caps that are used on the top of bottles that are filled with liquids. They are made of metal and have a lip, a seal, and a convex bottom. Base metal is any metal that is not gold, silver, palladium, or platinum.
The following visualization shows the latest trends on Corks, crown, of base metal. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2021): Italy, $131M
Top Destination (2021): United States, $84.9M
Corks, crown, of base metal are the world's 3027th most traded product.
In 2021, the top exporters of Corks, crown, of base metal were Italy ($131M), Mexico ($75M), Germany ($47.2M), France ($17.2M), and Kenya ($13.8M).
In 2021, the top importers of Corks, crown, of base metal were United States ($84.9M), France ($23.9M), Belgium ($21.2M), Netherlands ($19.3M), and United Kingdom ($16.9M).
Trade by country
Top Origin Growth (2020 - 2021): Italy, $16.1M
Top Destination Growth (2020 - 2021): United States, $11.9M
Between 2020 and 2021, the exports of Corks, crown, of base metal grew the fastest in Italy ($16.1M), Germany ($8.8M), Mexico ($8.01M), Colombia ($3.46M), and China ($3.31M).
Between 2020 and 2021, the fastest growing importers of Corks, crown, of base metal were United States ($11.9M), France ($5.2M), Peru ($3.35M), Netherlands ($2.88M), and Italy ($2.45M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Corks, crown, of base metal.
In 2021, market concentration measured using Shannon Entropy, was 3.85. This means that most of the exports of Corks, crown, of base metal are explained by 14 countries.
TOP NET EXPORTER (2021): Italy, $127M
TOP NET IMPORTER (2021): United States, $80.1M
This map shows which countries export or import more of Corks, crown, of base metal. Each country is colored based on the difference in exports and imports of Corks, crown, of base metal during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Corks, crown, of base metal were Italy ($127M), Mexico ($72.2M), Germany ($31.3M), Kenya ($13.4M), and Greece ($9.69M).
In 2021, the countries that had a largest trade value in imports than in exports of Corks, crown, of base metal were United States ($80.1M), Belgium ($18.5M), Netherlands ($17.3M), United Kingdom ($15.3M), and Tanzania ($8.53M).
This visualization shows the countries that have an important ratio of their trade related to Corks, crown, of base metal. It is possible to select the main countries that export or import Corks, crown, of base metal in the world, or by continent, as well as select the measure of interest.
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.
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