2023
Exports
$333kWorld Rnk 93 / 153
Flag Rnk 244 / 943
2023
PRODUCT COMPLEXITY IN Fermented Milk Products
-0.17Rnk 610 / 1025
2023
Imports
$946kWorld Rnk 144 / 223
Flag Rnk 547 / 1178

About

Exports In 2023, Iceland exported $333k in Fermented Milk Products, making it the 93rd largest exporter of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 244th most exported product in Iceland. The main destination of Fermented Milk Products exports from Iceland are: Luxembourg ($220k), Hong Kong ($44.9k), Greenland ($31.4k), Denmark ($27.9k), and United States ($6.94k).

The fastest growing export markets for Fermented Milk Products of Iceland between 2022 and 2023 were Luxembourg ($113k), Hong Kong ($44.9k), and United States ($6.73k).

Imports In 2023, Iceland imported $946k in Fermented Milk Products, becoming the 144th largest importer of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 547th most imported product in Iceland. Iceland imports Fermented Milk Products primarily from: Poland ($324k), Greece ($303k), Spain ($197k), Belgium ($28.5k), and Germany ($23.1k).

The fastest growing import markets in Fermented Milk Products for Iceland between 2022 and 2023 were Poland ($83.8k), Spain ($80.3k), and Greece ($72.1k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Fermented Milk Products. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$333k
IMPORTS (2023)$946k
NET TRADE (2023)-$613k

In 2023, Iceland exported $333k in Fermented Milk Products. The main destinations of Iceland exports on Fermented Milk Products were Luxembourg ($220k), Hong Kong ($44.9k), Greenland ($31.4k), Denmark ($27.9k), and United States ($6.94k).

In 2023, Iceland imported $946k in Fermented Milk Products, mainly from Poland ($324k), Greece ($303k), Spain ($197k), Belgium ($28.5k), and Germany ($23.1k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fermented Milk Products EXPORT MARKETS FOR Iceland WERE (2022 - 2023):
Luxembourg$113k (105%)
Hong Kong$44.9k (1%)
United States$6.73k (3.21k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fermented Milk Products BY Iceland WERE (2022 - 2023):
Netherlands-$16.8k (-99.8%)
Greenland-$15.8k (-33.5%)
Denmark-$6.41k (-18.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Iceland's main exporting competitors in Fermented Milk Products were:
In 2023, Iceland's main importing competitors in Fermented Milk Products were:

Explore Visualizations

Trade Value of Fermented Milk Products by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

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

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with