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Exports In 2023, Iceland exported $1.23k in Honey, making it the 147th largest exporter of Honey in the world. At the same year, Honey was the 770th most exported product in Iceland. The main destination of Honey exports from Iceland are: Senegal ($1.15k), United States ($49), and Luxembourg ($26).

The fastest growing export markets for Honey of Iceland between 2022 and 2023 were Senegal ($1.15k), United States ($49), and Luxembourg ($26).

Imports In 2023, Iceland imported $1.36M in Honey, becoming the 62nd largest importer of Honey in the world. At the same year, Honey was the 483rd most imported product in Iceland. Iceland imports Honey primarily from: Denmark ($429k), China ($190k), Mexico ($186k), Belgium ($120k), and Netherlands ($74.6k).

The fastest growing import markets in Honey for Iceland between 2022 and 2023 were China ($160k), Belgium ($23.4k), and Netherlands ($22.9k).

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)$1.23k
IMPORTS (2023)$1.36M
NET TRADE (2023)-$1.36M

In 2023, Iceland exported $1.23k in Honey. The main destinations of Iceland exports on Honey were Senegal ($1.15k), United States ($49), and Luxembourg ($26).

In 2023, Iceland imported $1.36M in Honey, mainly from Denmark ($429k), China ($190k), Mexico ($186k), Belgium ($120k), and Netherlands ($74.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Honey EXPORT MARKETS FOR Iceland WERE (2022 - 2023):
Senegal$1.15k (1%)
Luxembourg$26 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Honey BY Iceland WERE (2022 - 2023):
Saudi Arabia-$70.9k (-100%)
Brunei-$604 (-100%)
Denmark-$48 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iceland's main exporting competitors in Honey were:
In 2023, 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.

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