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Exports In 2022, Iceland exported $9.93M in Cheese, making it the 67th largest exporter of Cheese in the world. At the same year, Cheese was the 40th most exported product in Iceland. The main destination of Cheese exports from Iceland are: Netherlands ($3.19M), Switzerland ($3.07M), Tunisia ($2.59M), Denmark ($312k), and Ukraine ($265k).

The fastest growing export markets for Cheese of Iceland between 2021 and 2022 were Netherlands ($2.92M), Tunisia ($2.59M), and Philippines ($120k).

Imports In 2022, Iceland imported $6.25M in Cheese, becoming the 126th largest importer of Cheese in the world. At the same year, Cheese was the 224th most imported product in Iceland. Iceland imports Cheese primarily from: Denmark ($1.85M), Italy ($1.66M), Netherlands ($713k), France ($427k), and Germany ($407k).

The fastest growing import markets in Cheese for Iceland between 2021 and 2022 were Sweden ($54.7k), Ireland ($18.7k), and Switzerland ($17.2k).

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 Cheese. 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)$9.93M
IMPORTS (2022)$6.25M
NET TRADE (2022)$3.69M

In 2022, Iceland exported $9.93M in Cheese. The main destinations of Iceland exports on Cheese were Netherlands ($3.19M), Switzerland ($3.07M), Tunisia ($2.59M), Denmark ($312k), and Ukraine ($265k).

In 2022, Iceland imported $6.25M in Cheese, mainly from Denmark ($1.85M), Italy ($1.66M), Netherlands ($713k), France ($427k), and Germany ($407k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cheese EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Netherlands$2.92M (1.07k%)
Tunisia$2.59M (1%)
Philippines$120k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cheese BY Iceland WERE (2021 - 2022):
Ukraine-$2.08M (-88.7%)
Turkey-$562k (-100%)
United Kingdom-$299k (-98.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Cheese were:
In 2022, Iceland's main importing competitors in Cheese were:
Germany $5.19B
Italy $2.62B

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Trade Value of Cheese by Exporters

Potential Exports

Potential Exports

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

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