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450110 (Harmonized System 1992 for 6-digit)

2022
World Trade $139MRnk 3938 / 4648
2022
Top Exporter | Top Importer $104M | $114MSpain | Portugal
2022
Product Complexity -1.02Rnk 3839 / 4653
2021 - 2022
Export Growth (CAGR) 27.9%Rnk 468 / 4648
2022
Share of World Trade 0.00059%Rnk 3938 / 4648

About

Overview This page contains the latest trade data of Natural cork, raw or simply prepared. In 2022, Natural cork, raw or simply prepared were the world's 3938th most traded product, with a total trade of $139M. Between 2021 and 2022 the exports of Natural cork, raw or simply prepared grew by 27.9%, from $109M to $139M. Trade in Natural cork, raw or simply prepared represent 0.00059% of total world trade.

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

Exports In 2022 the top exporters of Natural cork, raw or simply prepared  were Spain ($104M), Italy ($16M), Portugal ($11.4M), United States ($4.04M), and China ($592k).

Imports In 2022 the top importers of Natural cork, raw or simply prepared were Portugal ($114M), Spain ($9.4M), China ($4.64M), France ($1.79M), and Mexico ($1.78M).

Ranking Natural cork, raw or simply prepared ranks 3839th 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 (2022)Spain$104M
Top Destination (2022)Portugal$114M

In 2022 Natural cork, raw or simply prepared were the world's 3938th most traded product (out of 4,648).

In 2022, the top exporters of Natural cork, raw or simply prepared were Spain ($104M), Italy ($16M), Portugal ($11.4M), United States ($4.04M), and China ($592k).

In 2022, the top importers of Natural cork, raw or simply prepared were Portugal ($114M), Spain ($9.4M), China ($4.64M), France ($1.79M), and Mexico ($1.78M).

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Exporters of Natural cork, raw or simply prepared (2022)
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Importers of Natural cork, raw or simply prepared (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Spain$28.7M
Top Destination Growth (2021 -  2022)Portugal$28.5M

Between 2021 and 2022, the exports of Natural cork, raw or simply prepared grew the fastest in Spain ($28.7M), United States ($3.05M), Poland ($347k), Sweden ($225k), and India ($148k).

Between 2021 and 2022, the fastest growing importers of Natural cork, raw or simply prepared were Portugal ($28.5M), Spain ($2.67M), Mexico ($1.71M), Italy ($646k), and France ($408k).

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Exporters of Natural cork, raw or simply prepared (2021 - 2022)

Importers of Natural cork, raw or simply prepared (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 1.4. 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 (2022)Spain$94.3M
TOP NET IMPORTER (2022)Portugal$102M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Natural cork, raw or simply prepared were Spain ($94.3M), Italy ($14.9M), United States ($3.06M), Morocco ($290k), and Czechia ($243k).

In 2022, the countries that had a largest trade value in imports than in exports of Natural cork, raw or simply prepared were Portugal ($102M), China ($4.05M), Mexico ($1.78M), France ($1.45M), and Netherlands ($691k).

Net Trade (2022)

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 (2022)

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