2022
Exports
$188kWorld Rnk 126 / 194
Flag Rnk 416 / 2613
falsefalseN/A
2022
Imports
$8.34MWorld Rnk 140 / 225
Flag Rnk 157 / 4221

About

The fastest growing export markets for Sweet biscuits, waffles and wafers of Iceland between 2021 and 2022 were Denmark ($94.3k), Greenland ($1.03k), and Norway ($887).

Imports In 2022, Iceland imported $8.34M in Sweet biscuits, waffles and wafers, becoming the 140th largest importer of Sweet biscuits, waffles and wafers in the world. At the same year, Sweet biscuits, waffles and wafers was the 157th most imported product in Iceland. Iceland imports Sweet biscuits, waffles and wafers primarily from: United Kingdom ($2.87M), Sweden ($1.52M), Poland ($936k), Netherlands ($700k), and Germany ($687k).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (12) and Barry Callebaut (3) were at the forefront of shipping Sweet biscuits, waffles and wafers from Iceland to the United States.

Latest Trends

Jul 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 Sweet biscuits, waffles and wafers. 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)$188k
IMPORTS (2022)$8.34M
NET TRADE (2022)-$8.16M

In 2022, Iceland imported $8.34M in Sweet biscuits, waffles and wafers, mainly from United Kingdom ($2.87M), Sweden ($1.52M), Poland ($936k), Netherlands ($700k), and Germany ($687k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sweet biscuits, waffles and wafers EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Denmark$94.3k (120%)
Greenland$1.03k (14%)
Norway$887 (14.8k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sweet biscuits, waffles and wafers BY Iceland WERE (2021 - 2022):
Papua New Guinea-$135 (-100%)
Hungary-$91 (-100%)
Portugal-$63 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Sweet biscuits, waffles and wafers were:
Germany $1.38B
Poland $1.28B
Mexico $1.18B
In 2022, Iceland's main importing competitors in Sweet biscuits, waffles and wafers were:

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Trade Value of Sweet biscuits, waffles and wafers by Exporters

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