2022
Exports
falseWorld Rnk 5 / 118
Flag Rnk 9 / 935
2022
PRODUCT COMPLEXITY IN Fish oil
-1.83Rnk 985 / 1025

About

Exports In 2022, Iceland exported $226M in Fish oil, making it the 5th 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 ($112M), Denmark ($31.2M), United Kingdom ($29.3M), United States ($22.4M), and Germany ($6.13M).

The fastest growing export markets for Fish oil of Iceland between 2021 and 2022 were Norway ($79.5M), Denmark ($20.6M), and United Kingdom ($17.6M).

Latest Trends

Aug 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 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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Historical Data

Trade Balance

Color
EXPORTS (2022)$226M

In 2022, Iceland exported $226M in Fish oil. The main destinations of Iceland exports on Fish oil were Norway ($112M), Denmark ($31.2M), United Kingdom ($29.3M), United States ($22.4M), and Germany ($6.13M).

In N/A, Iceland imported N/A in Fish oil, mainly from Morocco ($4.49M), Peru ($1.24M), France ($876k), Germany ($755k), and Seychelles ($674k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fish oil EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Norway$79.5M (243%)
Denmark$20.6M (195%)
United Kingdom$17.6M (150%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fish oil BY Iceland WERE (2021 - 2022):
China-$2.23M (-39.6%)
Russia-$1.04M (-88.8%)
France-$993k (-59.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Fish oil were:
Peru $556M
Chile $249M
In 2022, Iceland's main importing competitors in Fish oil were:

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Trade Value of Fish oil by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

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

See methodology.

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