2022
Exports
$287MWorld Rnk 8 / 126
Flag Rnk 7 / 935
2022
PRODUCT COMPLEXITY IN Animal Meal and Pellets
-1.49Rnk 946 / 1025
2022
Imports
$1.17MWorld Rnk 92 / 173
Flag Rnk 512 / 1186

About

Exports In 2022, Iceland exported $287M in Animal Meal and Pellets, making it the 8th largest exporter of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 7th most exported product in Iceland. The main destination of Animal Meal and Pellets exports from Iceland are: Norway ($172M), United Kingdom ($67.1M), Denmark ($21.9M), Germany ($11.8M), and Spain ($4.61M).

The fastest growing export markets for Animal Meal and Pellets of Iceland between 2021 and 2022 were Norway ($97.1M), United Kingdom ($49.1M), and Denmark ($7.49M).

Imports In 2022, Iceland imported $1.17M in Animal Meal and Pellets, becoming the 92nd largest importer of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 512th most imported product in Iceland. Iceland imports Animal Meal and Pellets primarily from: Greenland ($638k), Seychelles ($256k), Tunisia ($252k), and Netherlands ($22.4k).

The fastest growing import markets in Animal Meal and Pellets for Iceland between 2021 and 2022 were Greenland ($638k), Tunisia ($252k), and Seychelles ($108k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Animal Meal and Pellets. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$287M
IMPORTS (2022)$1.17M
NET TRADE (2022)$286M

In 2022, Iceland exported $287M in Animal Meal and Pellets. The main destinations of Iceland exports on Animal Meal and Pellets were Norway ($172M), United Kingdom ($67.1M), Denmark ($21.9M), Germany ($11.8M), and Spain ($4.61M).

In 2022, Iceland imported $1.17M in Animal Meal and Pellets, mainly from Greenland ($638k), Seychelles ($256k), Tunisia ($252k), and Netherlands ($22.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Meal and Pellets EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Norway$97.1M (129%)
United Kingdom$49.1M (272%)
Denmark$7.49M (51.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Meal and Pellets BY Iceland WERE (2021 - 2022):
Spain-$5.96M (-56.4%)
Turkey-$3.98M (-100%)
China-$334k (-58.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Animal Meal and Pellets were:
In 2022, Iceland's main importing competitors in Animal Meal and Pellets were:

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Trade Value of Animal Meal and Pellets by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

Animal Meal and Pellets’s highest export potential is N/A. With an export gap of N/A.   Animal Meal and Pellets’s highest import potential is N/A with an import gap of N/A.

See methodology.

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