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2022
Exports $1.66kWorld Rnk 96 / 112
Flag Rnk 742 / 935
2022
Destination $1.39k United Kingdom
2021 - 2022
FASTEST GROWING MARKET $1.39kUnited Kingdom
2022
Imports $49.9kWorld Rnk 96 / 173
Flag Rnk 947 / 1186
2022
Origin $25.7k United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $25.7kUnited Kingdom

About

Exports In 2022, Iceland exported $1.66k in Vegetable waxes and beeswax, making it the 96th largest exporter of Vegetable waxes and beeswax in the world. At the same year, Vegetable waxes and beeswax was the 742nd most exported product in Iceland. The main destination of Vegetable waxes and beeswax exports from Iceland are: United Kingdom ($1.43k) and United States ($230).

The fastest growing export markets for Vegetable waxes and beeswax of Iceland between 2021 and 2022 were United Kingdom ($1.39k).

Imports In 2022, Iceland imported $49.9k in Vegetable waxes and beeswax, becoming the 96th largest importer of Vegetable waxes and beeswax in the world. At the same year, Vegetable waxes and beeswax was the 947th most imported product in Iceland. Iceland imports Vegetable waxes and beeswax primarily from: United Kingdom ($30.7k), Sweden ($5.31k), Germany ($4.77k), Netherlands ($2.06k), and Brazil ($1.93k).

The fastest growing import markets in Vegetable waxes and beeswax for Iceland between 2021 and 2022 were United Kingdom ($25.7k), Sweden ($5.28k), and Brazil ($1.93k).

Latest Trends

Jul 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 Vegetable waxes and beeswax. 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)$1.66k
IMPORTS (2022)$49.9k
NET TRADE (2022)-$48.2k

In 2022, Iceland exported $1.66k in Vegetable waxes and beeswax. The main destinations of Iceland exports on Vegetable waxes and beeswax were United Kingdom ($1.43k) and United States ($230).

In 2022, Iceland imported $49.9k in Vegetable waxes and beeswax, mainly from United Kingdom ($30.7k), Sweden ($5.31k), Germany ($4.77k), Netherlands ($2.06k), and Brazil ($1.93k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable waxes and beeswax EXPORT MARKETS FOR Iceland WERE (2021 - 2022):United Kingdom$1.39k (3.87k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable waxes and beeswax BY Iceland WERE (2021 - 2022):United States-$513 (-69%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Vegetable waxes and beeswax were:
Brazil $98.5M
China $60.4M
Germany $33.7M
In 2022, Iceland's main importing competitors in Vegetable waxes and beeswax were:
United States $62.6M
Germany $59.4M
China $30.8M

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Trade Value of Vegetable waxes and beeswax by Exporters

Potential Exports

Potential Exports

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

Vegetable waxes and beeswax’s highest export potential is N/A. With an export gap of N/A.   Vegetable waxes and beeswax’s highest import potential is N/A with an import gap of N/A.

See methodology.

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