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Exports In 2022, Iceland exported $667 in Honey, making it the 156th largest exporter of Honey in the world. At the same year, Honey was the 797th most exported product in Iceland. The main destination of Honey exports from Iceland are: Brunei ($569), Denmark ($48), Greenland ($20), South Korea ($18), and Poland ($12).

The fastest growing export markets for Honey of Iceland between 2021 and 2022 were Brunei ($569), Denmark ($48), and South Korea ($18).

Imports In 2022, Iceland imported $1.15M in Honey, becoming the 73rd largest importer of Honey in the world. At the same year, Honey was the 516th most imported product in Iceland. Iceland imports Honey primarily from: Denmark ($460k), Mexico ($177k), Netherlands ($172k), Belgium ($63.9k), and United Kingdom ($62.6k).

The fastest growing import markets in Honey for Iceland between 2021 and 2022 were Denmark ($194k), Belgium ($40.2k), and Poland ($29.9k).

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 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 (2022)$667
IMPORTS (2022)$1.15M
NET TRADE (2022)-$1.14M

In 2022, Iceland exported $667 in Honey. The main destinations of Iceland exports on Honey were Brunei ($569), Denmark ($48), Greenland ($20), South Korea ($18), and Poland ($12).

In 2022, Iceland imported $1.15M in Honey, mainly from Denmark ($460k), Mexico ($177k), Netherlands ($172k), Belgium ($63.9k), and United Kingdom ($62.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Honey EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Brunei$569 (1%)
Denmark$48 (1%)
South Korea$18 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Honey BY Iceland WERE (2021 - 2022):
United Arab Emirates-$16.7k (-100%)
United Kingdom-$10 (-100%)
Greenland-$1 (-4.76%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Honey were:
In 2022, Iceland's main importing competitors in Honey were:

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Trade Value of Honey by Exporters

Potential Exports

Potential Exports

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

See methodology.

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