2023
Exports
$190MWorld Rnk 4 / 171
Flag Rnk 310 / 1212
2023
PRODUCT COMPLEXITY IN Honey
-1.23Rnk 883 / 1025
2023
Imports
$1.93MWorld Rnk 59 / 213
Flag Rnk 1052 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $190M in Honey, making it the 4th largest exporter of Honey in the world. At the same year, Honey was the 310th most exported product in India. The main destination of Honey exports from India are: United States ($160M), United Arab Emirates ($9.68M), Saudi Arabia ($3.69M), Libya ($2.06M), and Morocco ($1.89M).

The fastest growing export markets for Honey of India between 2022 and 2023 were Libya ($380k), Oman ($216k), and Tunisia ($202k).

Imports In 2023, India imported $1.93M in Honey, becoming the 59th largest importer of Honey in the world. At the same year, Honey was the 1052nd most imported product in India. India imports Honey primarily from: Spain ($1.21M), Canada ($148k), United States ($92.7k), Australia ($77.8k), and Bangladesh ($68.7k).

The fastest growing import markets in Honey for India between 2022 and 2023 were Germany ($56.6k), Qatar ($44.7k), and Canada ($34.6k).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (3) were at the forefront of shipping Honey from India to the United States.

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 Honey. 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)$190M
IMPORTS (2023)$1.93M
NET TRADE (2023)$188M

In 2023, India exported $190M in Honey. The main destinations of India exports on Honey were United States ($160M), United Arab Emirates ($9.68M), Saudi Arabia ($3.69M), Libya ($2.06M), and Morocco ($1.89M).

In 2023, India imported $1.93M in Honey, mainly from Spain ($1.21M), Canada ($148k), United States ($92.7k), Australia ($77.8k), and Bangladesh ($68.7k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Honey EXPORT MARKETS FOR India WERE (2022 - 2023):
Libya$380k (22.6%)
Oman$216k (46.5%)
Tunisia$202k (497%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Honey BY India WERE (2022 - 2023):
United States-$58.5M (-26.8%)
Canada-$2.15M (-59.7%)
Nepal-$1.15M (-58.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Honey were:
In 2023, India's main importing competitors in Honey were:

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Trade Value of Honey by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $2.55M
TOP IMPORT POTENTIALSpain+ $264k

Honey’s highest export potential is Saudi Arabia. With an export gap of $2.55M.   Honey’s highest import potential is Spain with an import gap of $264k.

See methodology.

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