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Honey; natural

0409 (Harmonized System 1992 for 4-digit)

2021
World Trade $2.89BRnk 667 / 1217
2021
Top Exporter | Top Importer $515M | $651MNew Zealand | United States
2021
Product Complexity -1.06Rnk 850 / 1024
2020 - 2021
Export Growth (CAGR) 25.7%Rnk 433 / 1217
2018
Mean Tariff 26.5%Rnk 33 / 1259
2021
Share of World Trade 0.014%Rnk 667 / 1217

About

Overview This page contains the latest trade data of Honey. In 2021, Honey were the world's 667th most traded product, with a total trade of $2.89B. Between 2020 and 2021 the exports of Honey grew by 25.7%, from $2.3B to $2.89B. 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 2021 the top exporters of Honey  were New Zealand ($515M), China ($238M), Argentina ($216M), Brazil ($164M), and Germany ($156M).

Imports In 2021 the top importers of Honey were United States ($651M), Germany ($365M), Japan ($190M), United Kingdom ($151M), and France ($125M).

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 850th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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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

Exporters and Importers

Top Origin (2021)New Zealand$515M
Top Destination (2021)United States$651M

In 2021 Honey were the world's 667th most traded product (out of 1,217).

In 2021, the top exporters of Honey were New Zealand ($515M), China ($238M), Argentina ($216M), Brazil ($164M), and Germany ($156M).

In 2021, the top importers of Honey were United States ($651M), Germany ($365M), Japan ($190M), United Kingdom ($151M), and France ($125M).

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Exporters of Honey (2021)
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Importers of Honey (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)New Zealand$188M
Top Destination Growth (2020 -  2021)United States$232M

Between 2020 and 2021, the exports of Honey grew the fastest in New Zealand ($188M), Brazil ($64.5M), India ($58.6M), Argentina ($41.3M), and Mexico ($36.1M).

Between 2020 and 2021, the fastest growing importers of Honey were United States ($232M), Germany ($71.3M), China ($39.2M), Czechia ($26.6M), and Poland ($23.8M).

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Exporters of Honey (2020 - 2021)

Importers of Honey (2020 - 2021)

Market Concentration

Cumulative market share

Value

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

In 2021, market concentration measured using Shannon Entropy, was 4.73. This means that most of the exports of Honey are explained by 26 countries.

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Value of Exports in Honey

Net Trade

TOP NET EXPORTER (2021)New Zealand$514M
TOP NET IMPORTER (2021)United States$621M

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 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Honey were New Zealand ($514M), Argentina ($216M), Brazil ($164M), Ukraine ($144M), and India ($143M).

In 2021, the countries that had a largest trade value in imports than in exports of Honey were United States ($621M), Germany ($209M), Japan ($189M), United Kingdom ($134M), and France ($90.9M).

Net Trade (2021)

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.

Top 10 Exporters Countries of Honey by percentage of total exports

Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2021)

Related Products

This visualization shows products that are likely to be exported by countries that export Honey.

Country by Relatedness

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.

Relative Relatedness by Country (2021)

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