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450110 (Harmonized System 1992 for 6-digit)

2023
World Trade $220MRnk 3598 / 4644
2023
Top Exporter | Top Importer $154M | $178MSpain | Portugal
2023
Product Complexity 0.18Rnk 2234 / 4656
2022 - 2023
Export Growth (CAGR) 22.1%Rnk 252 / 4644
2023
Share of World Trade 0.00097%Rnk 3598 / 4644

About

Overview This page contains the latest trade data of Natural cork, raw or simply prepared. In 2023, Natural cork, raw or simply prepared were the world's 3598th most traded product, with a total trade of $220M. Between 2022 and 2023 the exports of Natural cork, raw or simply prepared grew by 22.1%, from $180M to $220M. Trade in Natural cork, raw or simply prepared represent 0.00097% of total world trade.

Natural cork, raw or simply prepared are a part of Raw Cork.

Exports In 2023 the top exporters of Natural cork, raw or simply prepared  were Spain ($154M), Italy ($29.7M), Portugal ($27M), United States ($3.64M), and France ($2.03M).

Imports In 2023 the top importers of Natural cork, raw or simply prepared were Portugal ($178M), Spain ($22.3M), China ($5.03M), Mexico ($2.1M), and France ($2.07M).

Ranking Natural cork, raw or simply prepared ranks 2234th in the Product Complexity Index (PCI).

Description Cork is used to make wine bottles, stoppers, and flooring. What is the difference between raw and processed cork? Processed cork is more than just the bark from the tree. After the bark is removed it is often burnt, boiled, and pressed into various shapes. What are the disadvantages of processed cork? Processed cork is often softer and less durable than raw cork. What are the advantages of processed cork? Processed cork is less expensive than raw cork.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Natural cork, raw or simply prepared. 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)Spain$154M
Top Destination (2023)Portugal$178M

In 2023 Natural cork, raw or simply prepared were the world's 3598th most traded product (out of 4,644).

In 2023, the top exporters of Natural cork, raw or simply prepared were Spain ($154M), Italy ($29.7M), Portugal ($27M), United States ($3.64M), and France ($2.03M).

In 2023, the top importers of Natural cork, raw or simply prepared were Portugal ($178M), Spain ($22.3M), China ($5.03M), Mexico ($2.1M), and France ($2.07M).

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Exporters of Natural cork, raw or simply prepared (2023)
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Importers of Natural cork, raw or simply prepared (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Spain$27.3M
Top Destination Growth (2022 -  2023)Portugal$27M

Between 2022 and 2023, the exports of Natural cork, raw or simply prepared grew the fastest in Spain ($27.3M), Portugal ($12.9M), France ($864k), China ($826k), and United Arab Emirates ($91.9k).

Between 2022 and 2023, the fastest growing importers of Natural cork, raw or simply prepared were Portugal ($27M), Spain ($12.5M), Saudi Arabia ($997k), Italy ($343k), and Mexico ($318k).

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Exporters of Natural cork, raw or simply prepared (2022 - 2023)

Importers of Natural cork, raw or simply prepared (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Natural cork, raw or simply prepared.

In 2023, market concentration measured using Shannon Entropy, was 1.44. This means that most of the exports of Natural cork, raw or simply prepared are explained by 2 countries.

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Value of Exports in Natural cork, raw or simply prepared

Net Trade

TOP NET EXPORTER (2023)Spain$132M
TOP NET IMPORTER (2023)Portugal$151M

This map shows which countries export or import more of Natural cork, raw or simply prepared. Each country is colored based on the difference in exports and imports of Natural cork, raw or simply prepared during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Natural cork, raw or simply prepared were Spain ($132M), Italy ($28.8M), United States ($2.34M), Germany ($231k), and Algeria ($215k).

In 2023, the countries that had a largest trade value in imports than in exports of Natural cork, raw or simply prepared were Portugal ($151M), China ($3.57M), Mexico ($2.09M), Netherlands ($1.81M), and Belgium ($244k).

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, raw or simply prepared.
It is possible to select the main countries that export or import Natural cork, raw or simply prepared in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Natural cork, raw or simply prepared 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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