Top Cork Exporting Countries

Wine cork stoppers

Wine cork stoppers

International sales from cork exports by country totaled US$1.8 billion in 2017.

That dollar amount reflects a 1.3% gain from the $1.76 million in exported cork during 2013, and a 7.5% uptick from 2016 to 2017.

Impermeable, buoyant, elastic and fire retardant material, cork is made from bark tissue. Commercial uses of cork include wine stoppers, bulletin boards, wall or floor tiles and even spacecraft heat shields.

From a continental perspective, European members generated the highest dollar worth of exported cork during 2017 with shipments valued at $1.7 billion or 93.6% of the global total. Asian exporters placed a distant second at 2.4% while 1.7% of total cork shipments originated from North America. Even smaller percentages came from Africa (1.5%), Latin America excluding Mexico but including the Caribbean (0.7%) and Oceania notably Australia and New Zealand (0.1%).

The 2-digit Harmonized Tariff System code prefix is 45. That code prefix encompasses both cork as a material and items made from cork.

Top Cork Exporting Countries by Revenue

Countries

Below are the 15 countries that exported the highest dollar value worth of cork during 2017.

  1. Portugal: US$1.1 billion (62.4% of total cork exports)
  2. Spain: $330.8 million (18.6%)
  3. France: $90.8 million (5.1%)
  4. Italy: $47.2 million (2.6%)
  5. Germany: $33.6 million (1.9%)
  6. United States: $24.7 million (1.4%)
  7. China: $21.2 million (1.2%)
  8. Morocco: $16 million (0.9%)
  9. Chile: $10.8 million (0.6%)
  10. Austria: $8.3 million (0.5%)
  11. Switzerland: $8.2 million (0.5%)
  12. Netherlands: $7.2 million (0.4%)
  13. United Kingdom: $6.5 million (0.4%)
  14. Saudi Arabia: $6.4 million (0.4%)
  15. Belgium: $5.7 million (0.3%)

By value, the listed 15 countries shipped 97.1% of global cork exports in 2017.

Among the top exporters, the fastest-growing cork exporters since 2013 were: Saudi Arabia (up 2,933%), Netherlands (up 83.2%), China (up 24.2%) and France (up 18.7%).

Those countries that posted declines in their exported cork sales were led by: Belgium (down -54.9%), Austria (down -23.3%), Italy (down -21.9%), United Kingdom (down -20.9%) and United States (down -14.7%).

Advantages

The following 9 countries posted positive net exports for cork during 2017. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s exported cork and its import purchases for that same commodity.

  1. Portugal: US$920.2 million (net export surplus down -1% since 2013)
  2. Spain: $181 million (up 15.5%)
  3. Morocco: $14.8 million (down -3%)
  4. Tunisia: $5.2 million (down -3.4%)
  5. Algeria: $4.1 million (up 34.9%)
  6. United Arab Emirates: $1.7 million (reversing a -$8.1 million deficit)
  7. Jamaica: $39,000 (reversing a -$113,000 deficit)
  8. Malawi: $3,000 (reversing a -$4,000 deficit)
  9. Afghanistan: $2,000 (no 2013 data)

Portugal has the highest surplus in the international trade of cork. In turn, this positive cashflow confirms Portgual’s strong competitive advantage for this specific product category.

Opportunities

The following countries posted the highest negative net exports for cork during 2017. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s imported cork purchases and its exports for that same commodity.

  1. United States: -US$247.4 million (net export deficit up 11.2% since 2013)
  2. France: -$204 million (down -5.3%)
  3. Italy: -$144.6 million (up 30%)
  4. Germany: -$79.7 million (down -6.9%)
  5. Russia: -$38.5 million (down -30.9%)
  6. Argentina: -$33.5 million (down -26.7%)
  7. Chile: -$28.2 million (up 8.3%)
  8. United Kingdom: -$28.1 million (down -2.2%)
  9. Mexico: -$28 million (up 17.6%)
  10. Australia: -$27.6 million (up 20.3%)
  11. China: -$26.5 million (up 32.8%)
  12. Switzerland: -$22.5 million (down -6.8%)
  13. Canada: -$21.4 million (down -18%)
  14. Japan: -$18 million (down -13%)
  15. South Africa: -$14.2 million (down -6.5%)

The United States of America incurred the highest deficit in the international trade of cork. In turn, this negative cashflow highlights America’s strong competitive disadvantage for this specific product category but also signals opportunities for cork-supplying countries that help satisfy the powerful demand.

Companies

Cork Export Companies

According to global trading platform Alibaba, the following cork export companies are examples of suppliers for either cork materials or commercial items made from cork like wine stoppers or beverage coasters. The home-country location for each business is shown within parentheses:

  • Bleile Bodenbelage Handel Und Dienstleistungen (Germany)
  • Bunkado Printing Co, Ltd (Japan)
  • Changzhou Huakang Cork Co, Ltd (China)
  • dollaritemdirect.com Inc (United States)
  • Eurotrading Collection SL (Spain)
  • Fukutomi Technologies Pte Ltd (Singapore)
  • Hanipole FH (Poland)
  • ISO Cork (Algeria)
  • Portugalia Cork SA (Portugal)
  • Studio Assoiciato Miraglia & Mattia (Italy)


 

Searchable List of Cork Exporting Countries

You can change the presentation order by clicking the triangle icon at the top of the columns.

RankExporter2017 Cork Exports% World Total
1.PortugalUS$1.1 billion62.4%
2.Spain$330.8 million18.6%
3.France$90.8 million5.1%
4.Italy$47.2 million2.6%
5.Germany$33.6 million1.9%
6.United States$24.7 million1.4%
7.China$21.2 million1.2%
8.Morocco$16 million0.9%
9.Chile$10.8 million0.6%
10.Austria$8.3 million0.5%
11.Switzerland$8.2 million0.5%
12.Netherlands$7.2 million0.4%
13.United Kingdom$6.5 million0.4%
14.Saudi Arabia$6.4 million0.4%
15.Belgium$5.7 million0.3%
16.Tunisia$5.6 million0.3%
17.Poland$5.3 million0.3%
18.Algeria$4.7 million0.3%
19.United Arab Emirates$3.5 million0.2%
20.Canada$3.3 million0.2%
21.Japan$3 million0.2%
22.Mexico$2.1 million0.1%
23.India$1.8 million0.1%
24.Sweden$1.8 million0.1%
25.Hungary$1.7 million0.1%
26.Czech Republic$1.5 million0.1%
27.Taiwan$1.4 million0.1%
28.Bulgaria$1.3 million0.1%
29.Australia$1.2 million0.1%
30.South Africa$1.1 million0.1%
31.Denmark$1 million0.1%
32.Singapore$971,0000.1%
33.Lithuania$888,0000.05%
34.Russia$878,0000.05%
35.Vietnam$806,0000.05%
36.Moldova$720,0000.04%
37.Turkey$634,0000.04%
38.Hong Kong$595,0000.03%
39.Argentina$523,0000.03%
40.Slovenia$474,0000.03%
41.Ukraine$470,0000.03%
42.Oman$454,0000.03%
43.Belarus$355,0000.02%
44.Estonia$330,0000.02%
45.Colombia$308,0000.02%
46.Greece$299,0000.02%
47.Thailand$296,0000.02%
48.Slovakia$285,0000.02%
49.Brazil$285,0000.02%
50.South Korea$279,0000.02%
51.Indonesia$234,0000.01%
52.Malaysia$226,0000.01%
53.Serbia$204,0000.01%
54.Kuwait$175,0000.01%
55.Latvia$170,0000.01%
56.Lebanon$152,0000.01%
57.Romania$150,0000.01%
58.Egypt$136,0000.01%
59.Israel$133,0000.01%
60.Croatia$100,0000.01%
61.Peru$94,0000.01%
62.Jamaica$92,0000.01%
63.New Zealand$91,0000.01%
64.Armenia$76,0000.004%
65.Montenegro$75,0000.004%
66.Finland$50,0000.003%
67.Iran$40,0000.002%
68.Norway$39,0000.002%
69.Georgia$36,0000.002%
70.Mozambique$34,0000.002%
71.Philippines$26,0000.001%
72.Ireland$13,0000.001%
73.Luxembourg$12,0000.001%
74.Albania$9,0000.001%
75.Macedonia$7,0000.0004%
76.Barbados$6,0000.0003%
77.Cambodia$6,0000.0003%
78.Dominican Rep$6,0000.0003%
79.Bosnia/Herzegovina$5,0000.0003%
80.Kazakhstan$4,0000.0002%
81.Malawi$4,0000.0002%
82.Panama$3,0000.0002%
83.Bahrain$3,0000.0002%
84.Bangladesh$2,0000.0001%
85.Afghanistan$2,0000.0001%
86.Jordan$2,0000.0001%
87.Burkina Faso$2,0000.0001%
88.Zambia$2,0000.0001%
89.Nicaragua$1,0000.0001%
90.Guatemala$1,0000.0001%
91.El Salvador$1,0000.0001%
92.Fiji$1,0000.0001%
93.Costa Rica$1,0000.0001%
94.Belize$1,0000.0001%


See also Plastic Item Exports by Country, Sawn Wood Exports by Country and Top Stainless Steel Exporters by Country

Research Sources:
The World Factbook, Field Listing: Exports – Commodities, Central Intelligence Agency. Accessed on June 13, 2018

Trade Map, International Trade Centre. Accessed on June 13, 2018

Investopedia, Net Exports Definition. Accessed on June 13, 2018

Wikipedia, Cork (material). Accessed on June 13, 2018

Alibaba, Supplier information for cork. Accessed on June 13, 2018