Coffee in Iceland | The Observatory of Economic Complexity

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Exports In 2023, Iceland exported $48.4k in Coffee, making it the 155th largest exporter of Coffee in the world. At the same year, Coffee was the 422nd most exported product in Iceland. The main destination of Coffee exports from Iceland are: Denmark ($26.4k), United States ($6.6k), Ireland ($6.5k), Greenland ($3.97k), and Senegal ($1.11k).

The fastest growing export markets for Coffee of Iceland between 2022 and 2023 were Ireland ($6.49k), United States ($3.87k), and Greenland ($1.21k).

Imports In 2023, Iceland imported $25.5M in Coffee, becoming the 82nd largest importer of Coffee in the world. At the same year, Coffee was the 70th most imported product in Iceland. Iceland imports Coffee primarily from: Switzerland ($7.51M), Italy ($3.92M), Netherlands ($2.03M), Sweden ($1.82M), and Germany ($1.17M).

The fastest growing import markets in Coffee for Iceland between 2022 and 2023 were Switzerland ($1.68M), Honduras ($412k), and France ($363k).

Dec 2024

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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 Coffee. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Year

EXPORTS (2023)$48.4k

IMPORTS (2023)$25.5M

NET TRADE (2023)-$25.5M

In 2023, Iceland exported $48.4k in Coffee. The main destinations of Iceland exports on Coffee were Denmark ($26.4k), United States ($6.6k), Ireland ($6.5k), Greenland ($3.97k), and Senegal ($1.11k).

In 2023, Iceland imported $25.5M in Coffee, mainly from Switzerland ($7.51M), Italy ($3.92M), Netherlands ($2.03M), Sweden ($1.82M), and Germany ($1.17M).