Natural Cork Articles in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $25.6M in Natural Cork Articles, making it the 5th largest exporter of Natural Cork Articles in the world. At the same year, Natural Cork Articles was the 828th most exported product in Italy. The main destination of Natural Cork Articles exports from Italy are: France ($10.4M), United States ($3.92M), Portugal ($1.84M), Germany ($1.38M), and United Arab Emirates ($675k).

The fastest growing export markets for Natural Cork Articles of Italy between 2021 and 2022 were United States ($1.15M), Portugal ($826k), and France ($785k).

Imports In 2022, Italy imported $66.3M in Natural Cork Articles, becoming the 4th largest importer of Natural Cork Articles in the world. At the same year, Natural Cork Articles was the 694th most imported product in Italy. Italy imports Natural Cork Articles primarily from: Portugal ($47.4M), France ($7.26M), Spain ($7.13M), Tunisia ($2.9M), and Germany ($674k).

The fastest growing import markets in Natural Cork Articles for Italy between 2021 and 2022 were France ($5.19M), Spain ($2.75M), and Tunisia ($2.3M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (534) and ELECTROLUX HOME PRODUCTS, INC. (28) were at the forefront of shipping Natural Cork Articles from Italy to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Italy's Natural Cork Articles exports accounted up to €1.07M and imports accounted up to €3.52M, resulting in a negative trade balance of €2.45M. Between December 2022 and December 2023 the exports of Italy's Natural Cork Articles have decreased by €-67.5k (-5.94%) from €1.14M to €1.07M, while imports decreased by €-792k (-18.4%) from €4.31M to €3.52M.

Destinations In December 2023, Natural Cork Articles were exported mostly to Germany (€392k), United States (€324k), France (€303k), United Kingdom (€27.4k), and China (€12.8k), and were imported mostly from Portugal (€2.82M), France (€590k), Spain (€79k), Switzerland (€23.4k), and Hungary (€6.29k).

Growth In December 2023, the decrease in Natural Cork Articles's year-by-year exports was explained primarily by a decrease in exports to France (€-502k or -58.5%) and Belgium (€-23.8k or -60.3%). In December 2023, the decrease in Natural Cork Articles's year-by-year imports was explained primarily by a decrease in imports from Spain (€-581k or -89.3%), France (€-447k or -95.9%), and Switzerland (€-4.66k or -59.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-67.5k(-5.94%)

IMPORT GROWTH (December 2022 - December 2023)€-792k(-18.4%)

MAIN DESTINATION (December 2023)Germany€392k

This section shows Natural Cork Articles's exports and imports data at subnational level for Italy. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Natural Cork Articles over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$25.6M

IMPORTS (2022)$66.3M

NET TRADE (2022)-$40.7M

In 2022, Italy exported $25.6M in Natural Cork Articles. The main destinations of Italy exports on Natural Cork Articles were France ($10.4M), United States ($3.92M), Portugal ($1.84M), Germany ($1.38M), and United Arab Emirates ($675k).

In 2022, Italy imported $66.3M in Natural Cork Articles, mainly from Portugal ($47.4M), France ($7.26M), Spain ($7.13M), Tunisia ($2.9M), and Germany ($674k).

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