Product intelligence · HS 450200 · 2024 data

Cork: natural cork, debacked or roughly squared, or in rectangular (including square) blocks, plates, sheets or strip, (including sharp-edged blanks for corks or stoppers)

Global exports of cork: natural cork, debacked or roughly squared, or in rectangular (including square) blocks, plates, sheets or strip, (including sharp-edged blanks for corks or stoppers) totalled $39,113,650 in 2024, a -26.0% change from the previous year. Traded by 76 countries across 762 bilateral corridors, with demand from 136 importing markets. The long-term trend is stable.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$39.1M

-26.0% YoY

3Y / 5Y CAGR

-0.5%

5Y: -1.5%

Supply structure

Moderately concentrated

HHI 0.200

Volatility

Low

Score 13/100

1.

Market movement

In 2024, cork: natural cork, debacked or roughly squared, or in rectangular (including square) blocks, plates, sheets or strip, (including sharp-edged blanks for corks or stoppers) trade exhibited significant decline, with global flows reaching $39,113,650 and a three-year compound annual growth rate of -0.5% (five-year: -1.5%). The all-time peak of $67,553,237 was recorded in 2006; the current level is 42% below that high-water mark.

Over the 30-year observation window (19952024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (+2.9% acceleration).

The World Trade Flows Characterization classifies cork: natural cork, debacked or roughly squared, or in rectangular (including square) blocks, plates, sheets or strip, (including sharp-edged blanks for corks or stoppers) as "Two-way vertical trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.200). The three largest exporters — Spain ($15.2M), Poland ($6.6M), and Portugal ($5.6M) — collectively dominate supply flows. The leading exporter has grown at -9.1% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.161). The three largest import markets are Portugal ($13.0M), Slovakia ($6.5M), and Spain ($3.3M). The largest importing market sources from 13 different supplying countries.

The dominant trade corridor is Spain → Portugal at $12.7M, representing 98.2% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for cork: natural cork, debacked or roughly squared, or in rectangular (including square) blocks, plates, sheets or strip, (including sharp-edged blanks for corks or stoppers) is 13 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $67,553,237 in 2006. Currently 42% below peak.

YearGlobal trade (USD)YoY growth
2015$43,759,356-21.2%
2016$42,318,767-3.3%
2017$47,863,466+13.1%
2018$56,409,753+17.9%
2019$42,127,215-25.3%
2020$35,123,388-16.6%
2021$39,744,491+13.2%
2022$44,147,388+11.1%
2023$52,857,929+19.7%
2024$39,113,650-26.0%

Top exporting countries

Ranked by export value of cork: natural cork, debacked or roughly squared, or in rectangular (including square) blocks, plates, sheets or strip, (including sharp-edged blanks for corks or stoppers) in 2024.

View all 76 exporters →

Top importing markets

Largest import destinations for cork: natural cork, debacked or roughly squared, or in rectangular (including square) blocks, plates, sheets or strip, (including sharp-edged blanks for corks or stoppers).

View all 136 markets →

Leading trade corridors

Largest bilateral export flows for cork: natural cork, debacked or roughly squared, or in rectangular (including square) blocks, plates, sheets or strip, (including sharp-edged blanks for corks or stoppers), ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1SpainPortugal$12.7M-11.4%
2ItalyPortugal$185.7K-15.9%
3GreecePortugal$154.5K+514.2%
4SwedenPortugal$134.3K
5ArgentinaPortugal$98.6K
6ChinaPortugal$33.8K+1630.8%
7TunisiaPortugal$30.9K+2.2%

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.