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450490 (Harmonized System 1992 for 6-digit)

2023
World Trade $280MRnk 3399 / 4644
2023
Top Exporter | Top Importer $83.6M | $60.4MPortugal | Saudi Arabia
2023
Product Complexity -0.12Rnk 2716 / 4656
2022 - 2023
Export Growth (CAGR) -3.81%Rnk 1951 / 4644
2023
Share of World Trade 0.0012%Rnk 3399 / 4644

About

Overview This page contains the latest trade data of Articles of agglomerated cork. In 2023, Articles of agglomerated cork were the world's 3399th most traded product, with a total trade of $280M. Between 2022 and 2023 the exports of Articles of agglomerated cork decreased by -3.81%, from $291M to $280M. Trade in Articles of agglomerated cork represent 0.0012% of total world trade.

Articles of agglomerated cork are a part of Agglomerated Cork.

Exports In 2023 the top exporters of Articles of agglomerated cork  were Portugal ($83.6M), South Korea ($54.2M), China ($38.4M), Spain ($26.2M), and Saudi Arabia ($11.9M).

Imports In 2023 the top importers of Articles of agglomerated cork were Saudi Arabia ($60.4M), United States ($25.3M), United Kingdom ($21.7M), France ($16.7M), and Germany ($15.1M).

Ranking Articles of agglomerated cork ranks 2716th in the Product Complexity Index (PCI).

Description Agglomerated cork is used in a variety of household products including flooring, insulation, and door and window sills.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Articles of 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$83.6M
Top Destination (2023)Saudi Arabia$60.4M

In 2023 Articles of agglomerated cork were the world's 3399th most traded product (out of 4,644).

In 2023, the top exporters of Articles of agglomerated cork were Portugal ($83.6M), South Korea ($54.2M), China ($38.4M), Spain ($26.2M), and Saudi Arabia ($11.9M).

In 2023, the top importers of Articles of agglomerated cork were Saudi Arabia ($60.4M), United States ($25.3M), United Kingdom ($21.7M), France ($16.7M), and Germany ($15.1M).

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Exporters of Articles of agglomerated cork (2023)
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Importers of Articles of agglomerated cork (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)South Korea$34.6M
Top Destination Growth (2022 -  2023)United States$12.4M

Between 2022 and 2023, the exports of Articles of agglomerated cork grew the fastest in South Korea ($34.6M), Portugal ($15.1M), Saudi Arabia ($5.95M), Netherlands ($1.38M), and Finland ($1.15M).

Between 2022 and 2023, the fastest growing importers of Articles of agglomerated cork were United States ($12.4M), United Kingdom ($5.57M), Mexico ($2.36M), Israel ($2.03M), and Italy ($2.01M).

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Exporters of Articles of agglomerated cork (2022 - 2023)

Importers of Articles of agglomerated cork (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Articles of agglomerated cork.

In 2023, market concentration measured using Shannon Entropy, was 3.47. This means that most of the exports of Articles of agglomerated cork are explained by 11 countries.

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Value of Exports in Articles of agglomerated cork

Net Trade

TOP NET EXPORTER (2023)Portugal$71.2M
TOP NET IMPORTER (2023)Saudi Arabia$48.5M

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

In 2023, the countries that had a largest trade value in exports than in imports of Articles of agglomerated cork were Portugal ($71.2M), South Korea ($53.9M), China ($35.8M), Spain ($19.8M), and Denmark ($1.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Articles of agglomerated cork were Saudi Arabia ($48.5M), United States ($20.5M), United Kingdom ($19.8M), Argentina ($11.6M), and Chile ($9.95M).

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

Top 10 Exporters Countries of Articles of agglomerated cork 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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