Overview This page contains the latest trade data of Honey. In 2020, Honey were the world's 676th most traded product, with a total trade of $2.29B. Between 2019 and 2020 the exports of Honey grew by 14.8%, from $2B to $2.29B. Trade in Honey represent 0.014% of total world trade.

Honey are a part of Edible products of animal origin, n.e.s.. They include Natural Honey.

Exports In 2020 the top exporters of Honey  were New Zealand ($328M), China ($229M), Argentina ($175M), Germany ($155M), and Ukraine ($140M).

Imports In 2020 the top importers of Honey were United States ($419M), Germany ($293M), Japan ($176M), United Kingdom ($136M), and France ($123M).

Tariffs In 2018 the average tariff for Honey was 26.5%, making it the 33rd lowest tariff using the HS4 product classification.

Ranking Honey ranks 827th in the Product Complexity Index (PCI).

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Y-AXIS SCALE

The following visualization shows the latest trends on Honey. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): New Zealand, $328M

Top Destination (2020): United States, $419M

Honey are the world's 676th most traded product.

In 2020, the top exporters of Honey were New Zealand ($328M), China ($229M), Argentina ($175M), Germany ($155M), and Ukraine ($140M).

In 2020, the top importers of Honey were United States ($419M), Germany ($293M), Japan ($176M), United Kingdom ($136M), and France ($123M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): New Zealand, $91.3M

Top Destination Growth (2019 - 2020): Germany, $59.3M

Between 2019 and 2020, the exports of Honey grew the fastest in New Zealand ($91.3M), Brazil ($30M), Argentina ($26.1M), Poland ($25.3M), and Spain ($22.1M).

Between 2019 and 2020, the fastest growing importers of Honey were Germany ($59.3M), Japan ($37.9M), Saudi Arabia ($28.8M), Poland ($23.5M), and United Kingdom ($16.5M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Honey.

In 2020,  market concentration measured using Shannon Entropy, was 4.76. This means that most of the exports of Honey are explained by 27 countries.

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TOP NET EXPORTER (2020): New Zealand, $328M

TOP NET IMPORTER (2020): United States, $393M

This map shows which countries export or import more of Honey. Each country is colored based on the difference in exports and imports of Honey during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Honey were New Zealand ($328M), Argentina ($175M), China ($146M), Ukraine ($140M), and Brazil ($99M).

In 2020, the countries that had a largest trade value in imports than in exports of Honey were United States ($393M), Japan ($176M), Germany ($137M), United Kingdom ($111M), and France ($93.9M).

Disaggregation

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Value

In 2020, the world most traded Honey, disaggragated by their HS6 level were Natural Honey ($2.29B)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Honey.
It is possible to select the main countries that export or import Honey in the world, or by continent, as well as select the measure of interest.

Product Complexity

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Diversification Frontier

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Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Country by Relatedness

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The following visualization shows the relatedness of Honey to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.