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Exports In 2023, Iceland exported $4.8k in Bovine Meat, making it the 110th largest exporter of Bovine Meat in the world. At the same year, Bovine Meat was the 657th most exported product in Iceland. The main destination of Bovine Meat exports from Iceland are: Germany ($3.4k), Austria ($746), United States ($387), Sweden ($188), and Netherlands ($72).

The fastest growing export markets for Bovine Meat of Iceland between 2022 and 2023 were Germany ($3.4k), Austria ($746), and United States ($387).

Imports In 2023, Iceland imported $2.19M in Bovine Meat, becoming the 99th largest importer of Bovine Meat in the world. At the same year, Bovine Meat was the 401st most imported product in Iceland. Iceland imports Bovine Meat primarily from: Netherlands ($1.3M), Finland ($273k), Germany ($259k), Ireland ($188k), and Denmark ($98.9k).

The fastest growing import markets in Bovine Meat for Iceland between 2022 and 2023 were Netherlands ($656k), Finland ($188k), and Germany ($168k).

Latest Trends

Dec 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 Bovine Meat. 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 (2023)$4.8k
IMPORTS (2023)$2.19M
NET TRADE (2023)-$2.19M

In 2023, Iceland exported $4.8k in Bovine Meat. The main destinations of Iceland exports on Bovine Meat were Germany ($3.4k), Austria ($746), United States ($387), Sweden ($188), and Netherlands ($72).

In 2023, Iceland imported $2.19M in Bovine Meat, mainly from Netherlands ($1.3M), Finland ($273k), Germany ($259k), Ireland ($188k), and Denmark ($98.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bovine Meat EXPORT MARKETS FOR Iceland WERE (2022 - 2023):
Germany$3.4k (1%)
Austria$746 (1%)
United States$387 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bovine Meat BY Iceland WERE (2022 - 2023):
Denmark-$18.3k (-100%)
United Kingdom-$106 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iceland's main exporting competitors in Bovine Meat were:
In 2023, Iceland's main importing competitors in Bovine Meat were:

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Trade Value of Bovine Meat by Exporters

Potential Exports

Potential Exports

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

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