Wine in Iceland | The Observatory of Economic Complexity

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Exports In 2022, Iceland exported $91.1k in Wine, making it the 121st largest exporter of Wine in the world. At the same year, Wine was the 351st most exported product in Iceland. The main destination of Wine exports from Iceland are: Denmark ($54.2k), France ($27k), Slovakia ($7.28k), Netherlands ($1.87k), and Greenland ($360).

The fastest growing export markets for Wine of Iceland between 2021 and 2022 were France ($27k), Slovakia ($7.28k), and Netherlands ($1.87k).

Imports In 2022, Iceland imported $32.6M in Wine, becoming the 72nd largest importer of Wine in the world. At the same year, Wine was the 45th most imported product in Iceland. Iceland imports Wine primarily from: Italy ($8.3M), France ($6.26M), Netherlands ($5.71M), Spain ($3.18M), and Chile ($1.58M).

The fastest growing import markets in Wine for Iceland between 2021 and 2022 were Argentina ($379k), Switzerland ($190k), and France ($152k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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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 Wine. 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

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Trade Value

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Year

EXPORTS (2022)$91.1k

IMPORTS (2022)$32.6M

NET TRADE (2022)-$32.5M

In 2022, Iceland exported $91.1k in Wine. The main destinations of Iceland exports on Wine were Denmark ($54.2k), France ($27k), Slovakia ($7.28k), Netherlands ($1.87k), and Greenland ($360).

In 2022, Iceland imported $32.6M in Wine, mainly from Italy ($8.3M), France ($6.26M), Netherlands ($5.71M), Spain ($3.18M), and Chile ($1.58M).

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