Portugal | Imports and Exports | World | Cork and articles of cork | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 45 "Cork and articles of cork" from Portugal totalled $ 1.33 billion in 2023. Sales of commodity group 45 from Portugal went up by 4.68% compared to 2022: exports of commodity group 45 "Cork and articles of cork" went up by $ 59 million (cumulative exports of commodity group 45 from Portugal amounted $1.27 billion in 2022)
Exports of commodity group 45 "Cork and articles of cork" amounted to 1.58% of total exports from Portugal (cumulative merchandise exports from Portugal totalled $ 83 billion in 2023). The share of commodity group 45 in total exports from Portugal increased by 0.046 p.p. compared to 2022 (it was 1.54% in 2022 and cumulative exports from Portugal were equal to $ 82 billion).
Where does Portugal export Cork and articles of cork?
Top export destinations of "Cork and articles of cork" from Portugal in 2023:
- France with a share of 19.4% (259 million US$)
- USA with a share of 17.4% (231 million US$)
- Spain with a share of 16.6% (222 million US$)
- Italy with a share of 10.5% (140 million US$)
- Germany with a share of 5.72% (76 million US$)
- United Kingdom with a share of 4.72% (62 million US$)
- Mexico with a share of 2.51% (33 million US$)
- China with a share of 2.14% (28 million US$)
- Turkey with a share of 1.26% (16.8 million US$)
- Austria with a share of 1.17% (15.5 million US$)
Exports structure of 45 - Cork and articles of cork - from Portugal in 2023 represented by the following main commodity groups:
- 50% (675 million US$): 4504 - Agglomerated cork (with or without a binding substance) and articles of agglomerated cork
- 38% (509 million US$): 4503 - Articles of natural cork.
- 11% (146 million US$): 4501 - Natural cork, raw or simply prepared; waste cork; crushed, granulated or ground cork
- 0.101% (1.35 million US$): 4502 - Natural cork, debacked or roughly squared, or in rectangular (including square) blocks, plates, sheets or strip (including sharp-edged blanks for corks or stoppers)
The value of imports of commodity group 45 "Cork and articles of cork" to Portugal totalled $ 318 million in 2023. Sales of commodity group 45 to Portugal went up by 13.9% compared to 2022: imports of commodity group 45 "Cork and articles of cork" went up by $ 38 million (the value of imports of commodity group 45 to Portugal was equal to $279 million in 2022)
Imports of commodity group 45 "Cork and articles of cork" accounted for 0.28% of total import flow to Portugal (in 2023, total imports to Portugal amounted to $ 113 billion). The share of commodity group 45 in total imports to Portugal increased by 0.038 p.p. compared to 2022 (it was 0.242% in 2022 and cumulative imports to Portugal were equal to $ 115 billion).
Where does Portugal import Cork and articles of cork from?
Top trading partners (import of "Cork and articles of cork") of Portugal in 2023:
- Spain with a share of 76% (242 million US$)
- Italy with a share of 10.1% (32 million US$)
- Morocco with a share of 3.84% (12.2 million US$)
- France with a share of 2.52% (8.03 million US$)
- Algeria with a share of 2% (6.36 million US$)
- Tunisia with a share of 1.8% (5.75 million US$)
- USA with a share of 1.46% (4.67 million US$)
- China with a share of 1.07% (3.4 million US$)
- United Kingdom - 693 thousand US$
- Poland - 534 thousand US$
Imports structure of 45 - Cork and articles of cork - to Portugal in 2023 represented by the following main commodity groups:
- 75% (241 million US$): 4501 - Natural cork, raw or simply prepared; waste cork; crushed, granulated or ground cork
- 11.9% (38 million US$): 4504 - Agglomerated cork (with or without a binding substance) and articles of agglomerated cork
- 8.48% (27 million US$): 4503 - Articles of natural cork.
- 3.76% (12 million US$): 4502 - Natural cork, debacked or roughly squared, or in rectangular (including square) blocks, plates, sheets or strip (including sharp-edged blanks for corks or stoppers)
