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450390 (Harmonized System 1992 for 6-digit)

2023
World Trade $104MRnk 4035 / 4644
2023
Top Exporter | Top Importer $27.6M | $22.7MUnited Arab Emirates | Saudi Arabia
2023
Product Complexity -0.96Rnk 3770 / 4656
2022 - 2023
Export Growth (CAGR) 10.9%Rnk 634 / 4644
2023
Share of World Trade 0.00046%Rnk 4035 / 4644

About

Overview This page contains the latest trade data of Natural cork articles other than corks or stoppers. In 2023, Natural cork articles other than corks or stoppers were the world's 4035th most traded product, with a total trade of $104M. Between 2022 and 2023 the exports of Natural cork articles other than corks or stoppers grew by 10.9%, from $94.3M to $104M. Trade in Natural cork articles other than corks or stoppers represent 0.00046% of total world trade.

Natural cork articles other than corks or stoppers are a part of Natural Cork Articles.

Exports In 2023 the top exporters of Natural cork articles other than corks or stoppers  were United Arab Emirates ($27.6M), Portugal ($17.6M), China ($16.2M), Germany ($8.63M), and United States ($4.51M).

Imports In 2023 the top importers of Natural cork articles other than corks or stoppers were Saudi Arabia ($22.7M), Spain ($8.29M), China ($6.9M), United Arab Emirates ($5.21M), and Italy ($4.73M).

Ranking Natural cork articles other than corks or stoppers ranks 3770th in the Product Complexity Index (PCI).

Description Cork products are used for a variety of purposes including insulation, flooring, and furniture, and are also used in cork board and cork architectural tiles.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Natural cork articles other than corks or stoppers. 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 (2023)United Arab Emirates$27.6M
Top Destination (2023)Saudi Arabia$22.7M

In 2023 Natural cork articles other than corks or stoppers were the world's 4035th most traded product (out of 4,644).

In 2023, the top exporters of Natural cork articles other than corks or stoppers were United Arab Emirates ($27.6M), Portugal ($17.6M), China ($16.2M), Germany ($8.63M), and United States ($4.51M).

In 2023, the top importers of Natural cork articles other than corks or stoppers were Saudi Arabia ($22.7M), Spain ($8.29M), China ($6.9M), United Arab Emirates ($5.21M), and Italy ($4.73M).

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Exporters of Natural cork articles other than corks or stoppers (2023)
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Importers of Natural cork articles other than corks or stoppers (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$6.1M
Top Destination Growth (2022 -  2023)Saudi Arabia$10M

Between 2022 and 2023, the exports of Natural cork articles other than corks or stoppers grew the fastest in Germany ($6.1M), United Arab Emirates ($6.08M), United States ($801k), Spain ($745k), and Belgium ($563k).

Between 2022 and 2023, the fastest growing importers of Natural cork articles other than corks or stoppers were Saudi Arabia ($10M), Turkey ($2.18M), United Arab Emirates ($1.81M), Iraq ($1.29M), and China ($796k).

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Exporters of Natural cork articles other than corks or stoppers (2022 - 2023)

Importers of Natural cork articles other than corks or stoppers (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Natural cork articles other than corks or stoppers.

In 2023, market concentration measured using Shannon Entropy, was 3.73. This means that most of the exports of Natural cork articles other than corks or stoppers are explained by 13 countries.

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Value of Exports in Natural cork articles other than corks or stoppers

Net Trade

TOP NET EXPORTER (2023)United Arab Emirates$22.4M
TOP NET IMPORTER (2023)Saudi Arabia$21.2M

This map shows which countries export or import more of Natural cork articles other than corks or stoppers. Each country is colored based on the difference in exports and imports of Natural cork articles other than corks or stoppers during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Natural cork articles other than corks or stoppers were United Arab Emirates ($22.4M), Portugal ($14.2M), China ($9.32M), Germany ($6.38M), and Tunisia ($2.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Natural cork articles other than corks or stoppers were Saudi Arabia ($21.2M), Spain ($4.21M), Italy ($3.06M), Iran ($2.45M), and United Kingdom ($2.35M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Natural cork articles other than corks or stoppers 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 (2023)

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