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Agglomerated cork (with or without a binding substance) and articles of agglomerated cork

4504 (Harmonized System 1992 for 4-digit)

2023
World Trade $1.09BRnk 911 / 1217
2023
Top Exporter | Top Importer $558M | $182MPortugal | France
2023
Product Complexity -0.69Rnk 771 / 1044
2022 - 2023
Export Growth (CAGR) -0.84%Rnk 437 / 1217
2023
Share of World Trade 0.0048%Rnk 911 / 1217

About

Overview This page contains the latest trade data of Agglomerated Cork. In 2023, Agglomerated Cork were the world's 911th most traded product, with a total trade of $1.09B. Between 2022 and 2023 the exports of Agglomerated Cork decreased by -0.84%, from $1.1B to $1.09B. Trade in Agglomerated Cork represent 0.0048% of total world trade.

Agglomerated Cork are a part of Cork & cork articles. They include Blocks, sheets, strip and tiles of agglomerated cork and Articles of agglomerated cork.

Exports In 2023 the top exporters of Agglomerated Cork  were Portugal ($558M), Spain ($195M), China ($68M), France ($60.2M), and South Korea ($54.5M).

Imports In 2023 the top importers of Agglomerated Cork were France ($182M), Italy ($151M), United States ($116M), Spain ($65.8M), and Saudi Arabia ($62.1M).

Ranking Agglomerated Cork ranks 771st in the Product Complexity Index (PCI).

Description Agglomerated cork is often used in the production of tiles, linoleum, and rubber. It is also used in the production of corkboard, which is a type of bulletin board.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Agglomerated 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 (2023)Portugal$558M
Top Destination (2023)France$182M

In 2023 Agglomerated Cork were the world's 911th most traded product (out of 1,217).

In 2023, the top exporters of Agglomerated Cork were Portugal ($558M), Spain ($195M), China ($68M), France ($60.2M), and South Korea ($54.5M).

In 2023, the top importers of Agglomerated Cork were France ($182M), Italy ($151M), United States ($116M), Spain ($65.8M), and Saudi Arabia ($62.1M).

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Exporters of Agglomerated Cork (2023)
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Importers of Agglomerated Cork (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)South Korea$34.1M
Top Destination Growth (2022 -  2023)Italy$22.1M

Between 2022 and 2023, the exports of Agglomerated Cork grew the fastest in South Korea ($34.1M), Portugal ($9.81M), Saudi Arabia ($6.33M), Spain ($5.91M), and China ($4.37M).

Between 2022 and 2023, the fastest growing importers of Agglomerated Cork were Italy ($22.1M), France ($11.6M), United Kingdom ($7.93M), Belarus ($7.61M), and Vietnam ($5.27M).

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Exporters of Agglomerated Cork (2022 - 2023)

Importers of Agglomerated Cork (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Agglomerated Cork.

In 2023, market concentration measured using Shannon Entropy, was 2.7. This means that most of the exports of Agglomerated Cork are explained by 6 countries.

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Value of Exports in Agglomerated Cork

Net Trade

TOP NET EXPORTER (2023)Portugal$520M
TOP NET IMPORTER (2023)Italy$131M

This map shows which countries export or import more of Agglomerated Cork. Each country is colored based on the difference in exports and imports of Agglomerated Cork during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Agglomerated Cork were Portugal ($520M), Spain ($129M), South Korea ($52M), China ($42.3M), and Poland ($5.15M).

In 2023, the countries that had a largest trade value in imports than in exports of Agglomerated Cork were Italy ($131M), France ($122M), United States ($107M), Saudi Arabia ($49.7M), and United Kingdom ($47.6M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Agglomerated Cork, disaggragated by their HS6 level were Blocks, sheets, strip and tiles of... ($809M) and Articles of agglomerated cork ($280M)

HS6 Disaggregation for Agglomerated Cork (2023)
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Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Agglomerated Cork by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $518k
TOP IMPORT POTENTIALChina+ $171k

Agglomerated Cork’s highest export potential is India. With an export gap of $518k.  Agglomerated Cork’s highest import potential is China with an import gap of $171k.

See methodology.

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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)

Country by Relatedness

The following visualization shows the relatedness of Agglomerated Cork to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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