Fish oil in Iceland | OEC - The Observatory of Economic Complexity

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Exports In 2021, Iceland exported $100M in Fish oil, making it the 7th largest exporter of Fish oil in the world. At the same year, Fish oil was the 9th most exported product in Iceland. The main destination of Fish oil exports from Iceland are: Norway ($32.5M), United States ($17.9M), United Kingdom ($11.7M), Denmark ($10.5M), and China ($5.63M).

The fastest growing export markets for Fish oil of Iceland between 2020 and 2021 were United Kingdom ($7.13M), United States ($2.24M), and China ($1.88M).

Imports In 2021, Iceland imported $17.5M in Fish oil, becoming the 28th largest importer of Fish oil in the world. At the same year, Fish oil was the 79th most imported product in Iceland. Iceland imports Fish oil primarily from: Netherlands ($9.14M), Morocco ($3.65M), Chile ($1.27M), France ($741k), and Peru ($517k).

The fastest growing import markets in Fish oil for Iceland between 2020 and 2021 were Netherlands ($7.19M), Morocco ($953k), and France ($740k).

Apr 2023

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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 Fish oil. Countries are shown based on data availability.

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

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Year

EXPORTS (2021): $100M

IMPORTS (2021): $17.5M

NET TRADE (2021): $82.6M

In 2021, Iceland exported $100M in Fish oil. The main destinations of Iceland exports on Fish oil were Norway ($32.5M), United States ($17.9M), United Kingdom ($11.7M), Denmark ($10.5M), and China ($5.63M).

In 2021, Iceland imported $17.5M in Fish oil, mainly from Netherlands ($9.14M), Morocco ($3.65M), Chile ($1.27M), France ($741k), and Peru ($517k).