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Exports In 2022, Iceland exported $752k in Bananas, making it the 78th largest exporter of Bananas in the world. At the same year, Bananas was the 150th most exported product in Iceland. The main destination of Bananas exports from Iceland are: Greenland ($752k) and Maldives ($76).

The fastest growing export markets for Bananas of Iceland between 2021 and 2022 were Greenland ($62k) and Maldives ($76).

Imports In 2022, Iceland imported $6.35M in Bananas, becoming the 82nd largest importer of Bananas in the world. At the same year, Bananas was the 219th most imported product in Iceland. Iceland imports Bananas primarily from: Ecuador ($5.12M), Costa Rica ($666k), Colombia ($214k), Panama ($164k), and Dominican Republic ($73.3k).

The fastest growing import markets in Bananas for Iceland between 2021 and 2022 were Costa Rica ($535k), Panama ($163k), and Colombia ($83.1k).

Latest Trends

Oct 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 Bananas. 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)$752k
IMPORTS (2022)$6.35M
NET TRADE (2022)-$5.6M

In 2022, Iceland exported $752k in Bananas. The main destinations of Iceland exports on Bananas were Greenland ($752k) and Maldives ($76).

In 2022, Iceland imported $6.35M in Bananas, mainly from Ecuador ($5.12M), Costa Rica ($666k), Colombia ($214k), Panama ($164k), and Dominican Republic ($73.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Greenland$62k (9%)
Maldives$76 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Iceland's main exporting competitors in Bananas were:
In 2022, Iceland's main importing competitors in Bananas were:

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Trade Value of Bananas by Exporters

Potential Exports

Potential Exports

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N/A
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Bananas’s highest export potential is N/A. With an export gap of N/A.   Bananas’s highest import potential is N/A with an import gap of N/A.

See methodology.

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