Top Cork Exporting Countries

Wine cork stoppers

Wine cork stoppers

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.

Global sales from cork exports by country amounted to US$1.6 billion in 2016. Overall, the value of cork exports were down by an average -3.5% for all exporting countries since 2012 when cork shipments were valued at $1.7 billion.

Yet from 2015 to 2016, worldwide cork exports increased in value by 2.8%.

Among continents, European members accounted for the highest dollar worth of exported cork during 2016 with shipments valued at $1.5 billion or 92.6% of the global total. Asian exporters placed a distant second at 2.4% while 2.4% of total cork shipments originated from North America. Smaller percentages came from Africa (1.8%), Latin America excluding Mexico plus the Caribbean (0.8%) and Oceania including Australia and New Zealand (0.1%).

The 2-digit Harmonized Tariff System code prefix is 45 encompassing 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 2016:

  1. Portugal: US$1 billion (63.1% of total cork exports)
  2. Spain: $278.8 million (17%)
  3. France: $73 million (4.4%)
  4. Italy: $44.8 million (2.7%)
  5. Germany: $34.4 million (2.1%)
  6. United States: $31.5 million (1.9%)
  7. Morocco: $21.5 million (1.31%)
  8. China: $21.3 million (1.3%)
  9. Chile: $10 million (0.6%)
  10. Belgium: $8.3 million (0.51%)
  11. Austria: $8.1 million (0.49%)
  12. Switzerland: $7.2 million (0.44%)
  13. Netherlands: $7.1 million (0.43%)
  14. Tunisia: $5.6 million (0.3%)
  15. United Kingdom: $5.6 million (0.3%)

The listed 15 countries shipped 97.1% of global cork exports in 2016 by value.

Among the above countries, the fastest-growing cork exporters since 2012 were: Morocco (up 51.1%), China (up 36.8%), Switzerland (up 9.4%) and Chile (up 8.4%).

Those countries that posted declines in their exported cork sales were led by: Austria (down -27.2%), Tunisia (down -25%), Italy (down -23.2%), United Kingdom (down -22.4%) and Germany (down -15.1%).

Advantages

The following 10 countries posted positive net exports for cork during 2016. 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$843 million (net export surplus down -6.8% since 2012)
  2. Spain: $150.6 million (down -0.7%)
  3. Morocco: $20.3 million (up 58.5%)
  4. Tunisia: $5.3 million (down -26.5%)
  5. Algeria: $2 million (down -60%)
  6. United Arab Emirates: $360,000 (down -71.3%)
  7. Vietnam: $72,000 (reversing a -$457,000 deficit)
  8. Zimbabwe: $13,000 (reversing a -$34,000 deficit)
  9. Djibouti: $5,000 (reversing a -$12,000 deficit)
  10. Botswana: $3,000 (reversing a -$465,000 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 2016. 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$222.6 million (net export deficit up 2% since 2012)
  2. France: -$198.5 million (down -9.1%)
  3. Italy: -$131.7 million (up 7.4%)
  4. Germany: -$72.2 million (down -13.5%)
  5. Russia: -$40.6 million (down -36.3%)
  6. Argentina: -$33.4 million (down -16.5%)
  7. United Kingdom: -$29.7 million (up 17.9%)
  8. Mexico: -$27.4 million (up 0.9%)
  9. Chile: -$23.9 million (down -7.3%)
  10. Saudi Arabia: -$22.3 million (up 970.8%)
  11. Australia: -$21.2 million (down -7.3%)
  12. Canada: -$20.5 million (down -27.9%)
  13. Japan: -$20.5 million (down -8.2%)
  14. China: -$20.1 million (down -31.8%)
  15. Switzerland: -$19.7 million (down -9.9%)

The United States 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.

RankExporter2016 Cork Exports% World Total
1.PortugalUS$1 billion63.1%
2.Spain$278.8 million17%
3.France$73 million4.4%
4.Italy$44.8 million2.7%
5.Germany$34.4 million2.1%
6.United States$31.5 million1.9%
7.Morocco$21.5 million1.3%
8.China$21.3 million1.3%
9.Chile$10 million0.6%
10.Belgium$8.3 million0.5%
11.Austria$8.1 million0.5%
12.Switzerland$7.2 million0.4%
13.Netherlands$7.1 million0.4%
14.Tunisia$5.6 million0.3%
15.United Kingdom$5.6 million0.3%
16.Poland$4.1 million0.3%
17.Canada$3.6 million0.2%
18.Mexico$3 million0.2%
19.Japan$2.9 million0.2%
20.Saudi Arabia$2.8 million0.2%
21.United Arab Emirates$2.6 million0.2%
22.Sweden$2.5 million0.2%
23.Algeria$2.4 million0.1%
24.India$2.2 million0.1%
25.Taiwan$1.5 million0.1%
26.Hungary$1.4 million0.1%
27.Denmark$1.3 million0.1%
28.Oman$1.2 million0.1%
29.Czech Republic$1.2 million0.1%
30.Brazil$1.2 million0.1%
31.Singapore$924,0000.1%
32.Russia$923,0000.1%
33.Hong Kong$880,0000.1%
34.Australia$859,0000.1%
35.Moldova$807,0000.05%
36.Argentina$778,0000.05%
37.Bulgaria$775,0000.05%
38.Bahrain$754,0000.05%
39.Viet Nam$736,0000.04%
40.Lithuania$524,0000.03%
41.Estonia$476,0000.03%
42.Serbia$475,0000.03%
43.Turkey$436,0000.03%
44.South Africa$420,0000.03%
45.Belarus$417,0000.03%
46.Slovenia$414,0000.03%
47.Colombia$374,0000.02%
48.Egypt$306,0000.02%
49.Slovakia$263,0000.02%
50.Ukraine$228,0000.01%
51.Malaysia$222,0000.01%
52.Greece$198,0000.01%
53.Indonesia$197,0000.01%
54.South Korea$165,0000.01%
55.New Zealand$156,0000.01%
56.Finland$151,0000.01%
57.Kuwait$118,0000.01%
58.Cuba$115,0000.01%
59.Latvia$113,0000.01%
60.Croatia$112,0000.01%
61.Peru$107,0000.01%
62.Lebanon$93,0000.01%
63.Thailand$72,0000.004%
64.Georgia$71,0000.004%
65.Norway$68,0000.004%
66.Romania$43,0000.003%
67.Panama$29,0000.002%
68.Zimbabwe$25,0000.002%
69.Israel$24,0000.001%
70.Botswana$21,0000.001%
71.Costa Rica$20,0000.001%
72.Kenya$20,0000.001%
73.Iran$19,0000.001%
74.Luxembourg$18,0000.001%
75.Jordan$11,0000.001%
76.Antigua/Barbuda$11,0000.001%
77.Dominican Republic$10,0000.001%
78.Kazakhstan$9,0000.001%
79.Ireland$8,0000.0005%
80.Tanzania$8,0000.0005%
81.Macedonia$6,0000.0004%
82.Namibia$6,0000.0004%
83.Djibouti$6,0000.0004%
84.Barbados$6,0000.0004%
85.Bosnia/ Herzegovina$4,0000.0002%
86.Swaziland$3,0000.0002%
87.Uganda$2,0000.0001%
88.Armenia$2,0000.0001%
89.Albania$2,0000.0001%
90.Ghana$2,0000.0001%
91.Iceland$2,0000.0001%
92.Jamaica$2,0000.0001%
93.Gibraltar$1,0000.0001%
94.Fiji$1,0000.0001%
95.El Salvador$1,0000.0001%
96.Bangladesh$1,0000.0001%
97.Bermuda$1,0000.0001%
98.Cayman Islands$1,0000.0001%
99.Saint Lucia$1,0000.0001%
100.Macao$1,0000.0001%
101.Mali$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 July 25, 2017

Trade Map, International Trade Centre. Accessed on July 25, 2017

Investopedia, Net Exports Definition. Accessed on July 25, 2017

Wikipedia, Cork (material). Accessed on July 25, 2017

Alibaba, Supplier information for cork. Accessed on July 25, 2017