Honey0409 (Harmonized System 1992 for 4-digit)
2021 World Trade: $2.89B, Rnk 667 / 1217
2021 Top Exporter | Top Importer: $515M | $651M, New Zealand | United States
2021 Product Complexity: -1.06, Rnk 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: 0.00014%, Rnk 667 / 1217
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 0.00014% 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).
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.
Trade By Country
Top Origin (2021): New Zealand, $515M
Top Destination (2021): United States, $651M
Honey are the world's 667th most traded product.
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).
Trade by country
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).
Cumulative market share
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.
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).
In 2021, the world most traded Honey, disaggragated by their HS6 level were Natural Honey ($2.89B)
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.
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.
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