Top Cork Exporting Countries

Wine cork stoppers

Wine cork stoppers

International sales from cork exports by country totaled US$2 billion in 2018.

That dollar amount reflects a 10.5% gain from the $1.8 billion in exported cork during 2014, and an 11.1% uptick from 2017 to 2018.

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 countries generated the highest dollar worth of exported cork during 2018 with shipments valued at $1.9 billion or 93.8% of the global total. Asian exporters placed a distant second at 2.1% while 2% came from Africa and 1.4% of total cork shipments originated from North America. Even tinier percentages originated Latin America (0.7%) excluding Mexico but including the Caribbean, and Oceania (0.05%) mostly Australia and New Zealand.

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 sold the highest dollar value worth of exported cork during 2018.

  1. Portugal: US$1.3 billion (62.5% of total cork exports)
  2. Spain: $373.4 million (18.4%)
  3. France: $104.6 million (5.2%)
  4. Italy: $56.7 million (2.8%)
  5. Germany: $34.9 million (1.7%)
  6. China: $25.5 million (1.3%)
  7. United States: $23.4 million (1.2%)
  8. Morocco: $22 million (1.1%)
  9. Chile: $12.8 million (0.6%)
  10. United Kingdom: $10 million (0.5%)
  11. Switzerland: $8.7 million (0.4%)
  12. Algeria: $8.4 million (0.4%)
  13. Austria: $7.8 million (0.4%)
  14. Tunisia: $7.5 million (0.4%)
  15. Netherlands: $7.3 million (0.4%)

By value, the listed 15 countries shipped 97.2% of global cork exports in 2018.

Among the top exporters, the fastest-growing cork exporters since 2014 were: Netherlands (up 101.2%), Algeria (up 53%), United Kingdom (up 31.2%) and China (up 30%).

Four countries posted declines in their exported cork sales namely: United States (down -23.5%), Austria (down -19.6%), Germany (down -4.1%) and Italy (down -0.1%).

Advantages

The following 7 countries posted positive net exports for cork during 2018. 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$1 billion (net export surplus up 7.6% since 2014)
  2. Spain: $160.4 million (down -3%)
  3. Morocco: $20.7 million (down -0.3%)
  4. Algeria: $8 million (up 56.9%)
  5. Tunisia: $7 million (up 15.9%)
  6. Tanzania: $2.1 million (reversing a -$45,000 deficit)
  7. Zimbabwe: $14,000 (reversing a -$12,000 deficit)

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 2018. 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$272 million (net export deficit up 8.9% since 2014)
  2. France: -$232.5 million (up 10.9%)
  3. Italy: -$145 million (up 13.2%)
  4. Germany: -$85.7 million (up 0.8%)
  5. Russia: -$42.3 million (down -17.1%)
  6. Mexico: -$37 million (up 49.8%)
  7. Chile: -$33.5 million (up 16.6%)
  8. United Kingdom: -$33.2 million (down -7.4%)
  9. China: -$30.5 million (up 41.7%)
  10. Argentina: -$29.8 million (down -25.9%)
  11. Australia: -$29.3 million (up 31.1%)
  12. Switzerland: -$21.7 million (down -11.4%)
  13. Canada: -$20.9 million (down -2.8%)
  14. Japan: -$19.2 million (down -21.8%)
  15. Czech Republic: -$13.3 million (up 19.8%)

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 in 2018

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

RankExporterCork Exports (US$)%World Total
1.Portugal$1.3 billion62.5%
2.Spain$373.4 million18.4%
3.France$104.6 million5.2%
4.Italy$56.7 million2.8%
5.Germany$34.9 million1.7%
6.China$25.5 million1.3%
7.United States$23.4 million1.2%
8.Morocco$22 million1.1%
9.Chile$12.8 million0.6%
10.United Kingdom$10 million0.5%
11.Switzerland$8.7 million0.4%
12.Algeria$8.4 million0.4%
13.Austria$7.8 million0.4%
14.Tunisia$7.5 million0.4%
15.Netherlands$7.3 million0.4%
16.Belgium$6.8 million0.3%
17.Poland$5.9 million0.3%
18.Israel$4.5 million0.2%
19.Denmark$4 million0.2%
20.India$3.9 million0.2%
21.Canada$3.2 million0.2%
22.Japan$2.5 million0.1%
23.Tanzania$2.1 million0.1%
24.Bulgaria$2 million0.1%
25.Hungary$1.7 million0.1%
26.Mexico$1.5 million0.1%
27.Czech Republic$1.5 million0.1%
28.Taiwan$1.4 million0.1%
29.Russia$1.3 million0.1%
30.Sweden$1.2 million0.1%
31.Ukraine$1 million0.1%
32.Thailand$973,0000.05%
33.South Africa$921,0000.05%
34.Australia$764,0000.04%
35.Singapore$751,0000.04%
36.Hong Kong$702,0000.03%
37.Lithuania$690,0000.03%
38.Slovenia$662,0000.03%
39.Belarus$638,0000.03%
40.Turkey$636,0000.03%
41.Vietnam$629,0000.03%
42.Slovakia$377,0000.02%
43.Moldova$362,0000.02%
44.South Korea$352,0000.02%
45.Greece$336,0000.02%
46.Brazil$332,0000.02%
47.Colombia$323,0000.02%
48.Malaysia$258,0000.01%
49.Serbia$241,0000.01%
50.Latvia$196,0000.01%
51.New Zealand$178,0000.01%
52.Indonesia$175,0000.01%
53.Croatia$113,0000.01%
54.Lebanon$93,0000.005%
55.Finland$88,0000.004%
56.Peru$86,0000.004%
57.Luxembourg$85,0000.004%
58.Norway$76,0000.004%
59.Georgia$72,0000.004%
60.Romania$71,0000.004%
61.Estonia$65,0000.003%
62.Argentina$65,0000.003%
63.Ghana$56,0000.003%
64.Ireland$55,0000.003%
65.Armenia$48,0000.002%
66.Panama$44,0000.002%
67.Egypt$38,0000.002%
68.Zimbabwe$21,0000.001%
69.Bosnia/Herzegovina$15,0000.001%
70.Barbados$14,0000.001%
71.Kenya$12,0000.001%
72.Saudi Arabia$12,0000.001%
73.North Macedonia$10,0000.0005%
74.Guatemala$9,0000.0004%
75.Cambodia$8,0000.0004%
76.United Arab Emirates$8,0000.0004%
77.Dominican Republic$6,0000.0003%
78.Costa Rica$5,0000.0002%
79.Palestine$5,0000.0002%
80.Kazakhstan$4,0000.0002%
81.Senegal$4,0000.0002%
82.Qatar$4,0000.0002%
83.Iraq$3,0000.0001%
84.Ivory Coast$2,0000.0001%
85.Fiji$2,0000.0001%
86.Nicaragua$2,0000.0001%
87.Mauritius$2,0000.0001%
88.Namibia$2,0000.0001%
89.Eswatini$2,0000.0001%
90.Zambia$1,0000.00005%
91.Mozambique$1,0000.00005%
92.Mali$1,0000.00005%
93.Pakistan$1,0000.00005%
94.Iran$1,0000.00005%
95.Iceland$1,0000.00005%
96.Cayman Islands$1,0000.00005%
97.Sri Lanka$1,0000.00005%
98.Azerbaijan$1,0000.00005%


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

Research Sources:
Alibaba, Supplier information for cork. Accessed on June 13, 2018
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on May 21, 2019

Investopedia, Net Exports Definition. Accessed on May 21, 2019

The World Factbook, Field Listing: Exports – Commodities, Central Intelligence Agency. Accessed on May 21, 2019

Trade Map, International Trade Centre. Accessed on May 21, 2019

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