Spices in Iceland | The Observatory of Economic Complexity

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Exports In 2022, Iceland exported $45.4k in Spices, making it the 136th largest exporter of Spices in the world. At the same year, Spices was the 428th most exported product in Iceland. The main destination of Spices exports from Iceland are: United Kingdom ($15.2k), Nigeria ($10.8k), Senegal ($7.25k), Greenland ($5.99k), and United States ($1.59k).

The fastest growing export markets for Spices of Iceland between 2021 and 2022 were United Kingdom ($11.1k), Nigeria ($10.8k), and Senegal ($7.25k).

Imports In 2022, Iceland imported $2.63M in Spices, becoming the 101st largest importer of Spices in the world. At the same year, Spices was the 372nd most imported product in Iceland. Iceland imports Spices primarily from: Netherlands ($1.15M), Belgium ($295k), Denmark ($214k), China ($190k), and Spain ($130k).

The fastest growing import markets in Spices for Iceland between 2021 and 2022 were Netherlands ($501k), Belgium ($164k), and Spain ($59.2k).

Aug 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 Spices. 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 (2022)$45.4k

IMPORTS (2022)$2.63M

NET TRADE (2022)-$2.58M

In 2022, Iceland exported $45.4k in Spices. The main destinations of Iceland exports on Spices were United Kingdom ($15.2k), Nigeria ($10.8k), Senegal ($7.25k), Greenland ($5.99k), and United States ($1.59k).

In 2022, Iceland imported $2.63M in Spices, mainly from Netherlands ($1.15M), Belgium ($295k), Denmark ($214k), China ($190k), and Spain ($130k).