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Exports In 2023, Iceland exported $1.02M in Beer, making it the 104th largest exporter of Beer in the world. At the same year, Beer was the 142nd most exported product in Iceland. The main destination of Beer exports from Iceland are: United States ($254k), United Kingdom ($198k), Denmark ($173k), Canada ($134k), and Austria ($55.2k).

The fastest growing export markets for Beer of Iceland between 2022 and 2023 were United Kingdom ($70.2k), Canada ($51.9k), and Netherlands ($35.1k).

Imports In 2023, Iceland imported $8.72M in Beer, becoming the 103rd largest importer of Beer in the world. At the same year, Beer was the 176th most imported product in Iceland. Iceland imports Beer primarily from: Denmark ($2.92M), Belgium ($1.16M), United Kingdom ($968k), France ($637k), and Netherlands ($629k).

The fastest growing import markets in Beer for Iceland between 2022 and 2023 were Denmark ($601k), Ireland ($64.4k), and France ($58.4k).

Latest Trends

Dec 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 Beer. 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 (2023)$1.02M
IMPORTS (2023)$8.72M
NET TRADE (2023)-$7.7M

In 2023, Iceland exported $1.02M in Beer. The main destinations of Iceland exports on Beer were United States ($254k), United Kingdom ($198k), Denmark ($173k), Canada ($134k), and Austria ($55.2k).

In 2023, Iceland imported $8.72M in Beer, mainly from Denmark ($2.92M), Belgium ($1.16M), United Kingdom ($968k), France ($637k), and Netherlands ($629k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Beer EXPORT MARKETS FOR Iceland WERE (2022 - 2023):
United Kingdom$70.2k (55%)
Canada$51.9k (63.3%)
Netherlands$35.1k (420%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beer BY Iceland WERE (2022 - 2023):
United States-$1.34M (-84.1%)
Denmark-$223k (-56.2%)
Switzerland-$61.9k (-53.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iceland's main exporting competitors in Beer were:
In 2023, Iceland's main importing competitors in Beer were:

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Trade Value of Beer by Exporters

Potential Exports

Potential Exports

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Beer’s highest export potential is N/A. With an export gap of N/A.   Beer’s highest import potential is N/A with an import gap of N/A.

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