Baked Goods in Iceland | The Observatory of Economic Complexity

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Exports In 2022, Iceland exported $286k in Baked Goods, making it the 139th largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 234th most exported product in Iceland. The main destination of Baked Goods exports from Iceland are: Denmark ($173k), Ireland ($58.7k), United States ($14.3k), United Kingdom ($11.6k), and Sweden ($11.6k).

The fastest growing export markets for Baked Goods of Iceland between 2021 and 2022 were Denmark ($92.7k), Ireland ($54.7k), and United Kingdom ($5.48k).

Imports In 2022, Iceland imported $41.6M in Baked Goods, becoming the 99th largest importer of Baked Goods in the world. At the same year, Baked Goods was the 34th most imported product in Iceland. Iceland imports Baked Goods primarily from: Sweden ($7.1M), United Kingdom ($6.17M), Germany ($5.25M), Denmark ($3.89M), and Belgium ($3.69M).

The fastest growing import markets in Baked Goods for Iceland between 2021 and 2022 were Sweden ($923k), Hungary ($714k), and Spain ($583k).

Jul 2024

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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 Baked Goods. Countries are shown based on data availability.

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

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EXPORTS (2022)$286k

IMPORTS (2022)$41.6M

NET TRADE (2022)-$41.3M

In 2022, Iceland exported $286k in Baked Goods. The main destinations of Iceland exports on Baked Goods were Denmark ($173k), Ireland ($58.7k), United States ($14.3k), United Kingdom ($11.6k), and Sweden ($11.6k).

In 2022, Iceland imported $41.6M in Baked Goods, mainly from Sweden ($7.1M), United Kingdom ($6.17M), Germany ($5.25M), Denmark ($3.89M), and Belgium ($3.69M).