Margarine in Iceland | The Observatory of Economic Complexity

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Exports In 2022, Iceland exported $7.65M in Margarine, making it the 67th largest exporter of Margarine in the world. At the same year, Margarine was the 47th most exported product in Iceland. The main destination of Margarine exports from Iceland are: Sweden ($1.92M), Poland ($1.58M), Germany ($1.45M), France ($1.41M), and Norway ($346k).

The fastest growing export markets for Margarine of Iceland between 2021 and 2022 were Thailand ($124k), United Kingdom ($96.6k), and South Korea ($82.4k).

Imports In 2022, Iceland imported $3.19M in Margarine, becoming the 152nd largest importer of Margarine in the world. At the same year, Margarine was the 338th most imported product in Iceland. Iceland imports Margarine primarily from: Germany ($483k), United Kingdom ($479k), France ($475k), Sweden ($391k), and Belgium ($374k).

The fastest growing import markets in Margarine for Iceland between 2021 and 2022 were Australia ($254k), France ($253k), and United Kingdom ($215k).

Nov 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 Margarine. Countries are shown based on data availability.

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

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EXPORTS (2022)$7.65M

IMPORTS (2022)$3.19M

NET TRADE (2022)$4.46M

In 2022, Iceland exported $7.65M in Margarine. The main destinations of Iceland exports on Margarine were Sweden ($1.92M), Poland ($1.58M), Germany ($1.45M), France ($1.41M), and Norway ($346k).

In 2022, Iceland imported $3.19M in Margarine, mainly from Germany ($483k), United Kingdom ($479k), France ($475k), Sweden ($391k), and Belgium ($374k).