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450390 (Harmonized System 1992 for 6-digit)

2022
World Trade $85.8MRnk 4182 / 4648
2022
Top Exporter | Top Importer $28.9M | $7.15MUnited Arab Emirates | Oman
2022
Product Complexity -1.13Rnk 3957 / 4653
2021 - 2022
Export Growth (CAGR) 8.34%Rnk 1793 / 4648
2022
Share of World Trade 0.00036%Rnk 4182 / 4648

About

Overview This page contains the latest trade data of Natural cork articles other than corks or stoppers. In 2022, Natural cork articles other than corks or stoppers were the world's 4182nd most traded product, with a total trade of $85.8M. Between 2021 and 2022 the exports of Natural cork articles other than corks or stoppers grew by 8.34%, from $79.2M to $85.8M. Trade in Natural cork articles other than corks or stoppers represent 0.00036% of total world trade.

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

Exports In 2022 the top exporters of Natural cork articles other than corks or stoppers  were United Arab Emirates ($28.9M), Portugal ($14.1M), China ($11.5M), Spain ($5.19M), and Italy ($2.73M).

Imports In 2022 the top importers of Natural cork articles other than corks or stoppers were Oman ($7.15M), China ($6.3M), Spain ($5.58M), United States ($5.57M), and Saudi Arabia ($5.45M).

Ranking Natural cork articles other than corks or stoppers ranks 3957th 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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Flow
Y-AXIS SCALE

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 (2022)United Arab Emirates$28.9M
Top Destination (2022)Oman$7.15M

In 2022 Natural cork articles other than corks or stoppers were the world's 4182nd most traded product (out of 4,648).

In 2022, the top exporters of Natural cork articles other than corks or stoppers were United Arab Emirates ($28.9M), Portugal ($14.1M), China ($11.5M), Spain ($5.19M), and Italy ($2.73M).

In 2022, the top importers of Natural cork articles other than corks or stoppers were Oman ($7.15M), China ($6.3M), Spain ($5.58M), United States ($5.57M), and Saudi Arabia ($5.45M).

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Exporters of Natural cork articles other than corks or stoppers (2022)
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Importers of Natural cork articles other than corks or stoppers (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Portugal$4.19M
Top Destination Growth (2021 -  2022)China$3.03M

Between 2021 and 2022, the exports of Natural cork articles other than corks or stoppers grew the fastest in Portugal ($4.19M), United Arab Emirates ($3.05M), United Kingdom ($1.69M), Tunisia ($1.04M), and Italy ($802k).

Between 2021 and 2022, the fastest growing importers of Natural cork articles other than corks or stoppers were China ($3.03M), Spain ($3.01M), United States ($1.94M), Oman ($1.92M), and United Arab Emirates ($1.54M).

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Exporters of Natural cork articles other than corks or stoppers (2021 - 2022)

Importers of Natural cork articles other than corks or stoppers (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.5. This means that most of the exports of Natural cork articles other than corks or stoppers are explained by 11 countries.

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

Net Trade

TOP NET EXPORTER (2022)United Arab Emirates$25.7M
TOP NET IMPORTER (2022)Saudi Arabia$5.31M

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 2022.

In 2022, 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 ($25.7M), Portugal ($9.48M), China ($5.25M), Tunisia ($2.51M), and Algeria ($1.35M).

In 2022, 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 ($5.31M), Oman ($4.72M), United States ($3.73M), Iran ($2.3M), and Switzerland ($1.96M).

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 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 (2022)

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