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Exports In 2022, Iceland exported $143 in Tea and mate extracts, essences and concentrates, making it the 146th largest exporter of Tea and mate extracts, essences and concentrates in the world. At the same year, Tea and mate extracts, essences and concentrates was the 2323rd most exported product in Iceland. The main destination of Tea and mate extracts, essences and concentrates exports from Iceland are: Finland ($100), South Korea ($25), and United Kingdom ($18).

The fastest growing export markets for Tea and mate extracts, essences and concentrates of Iceland between 2021 and 2022 were Finland ($100) and South Korea ($25).

Imports In 2022, Iceland imported $835k in Tea and mate extracts, essences and concentrates, becoming the 91st largest importer of Tea and mate extracts, essences and concentrates in the world. At the same year, Tea and mate extracts, essences and concentrates was the 1078th most imported product in Iceland. Iceland imports Tea and mate extracts, essences and concentrates primarily from: Netherlands ($332k), United States ($201k), Switzerland ($121k), Germany ($59.9k), and South Korea ($30.9k).

The fastest growing import markets in Tea and mate extracts, essences and concentrates for Iceland between 2021 and 2022 were Netherlands ($330k), Germany ($42.4k), and United States ($25.4k).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (12) and Barry Callebaut (3) were at the forefront of shipping Tea and mate extracts, essences and concentrates from Iceland to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Tea and mate extracts, essences and concentrates. 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)$143
IMPORTS (2022)$835k
NET TRADE (2022)-$835k

In 2022, Iceland exported $143 in Tea and mate extracts, essences and concentrates. The main destinations of Iceland exports on Tea and mate extracts, essences and concentrates were Finland ($100), South Korea ($25), and United Kingdom ($18).

In 2022, Iceland imported $835k in Tea and mate extracts, essences and concentrates, mainly from Netherlands ($332k), United States ($201k), Switzerland ($121k), Germany ($59.9k), and South Korea ($30.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tea and mate extracts, essences and concentrates EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Finland$100 (1%)
South Korea$25 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea and mate extracts, essences and concentrates BY Iceland WERE (2021 - 2022):
United Kingdom-$543 (-96.8%)
Canada-$9 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Iceland's main exporting competitors in Tea and mate extracts, essences and concentrates were:
In 2022, Iceland's main importing competitors in Tea and mate extracts, essences and concentrates were:

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Trade Value of Tea and mate extracts, essences and concentrates by Exporters

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