Wheat in Iceland | The Observatory of Economic Complexity

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Exports In 2023, Iceland exported $28 in Wheat, making it the 134th largest exporter of Wheat in the world. At the same year, Wheat was the 925th most exported product in Iceland. The main destination of Wheat exports from Iceland are: Spain ($28).

The fastest growing export markets for Wheat of Iceland between 2022 and 2023 were Spain ($28).

Imports In 2023, Iceland imported $15.2M in Wheat, becoming the 135th largest importer of Wheat in the world. At the same year, Wheat was the 112th most imported product in Iceland. Iceland imports Wheat primarily from: Germany ($7.34M), United Kingdom ($2.95M), Denmark ($2.43M), Poland ($1.81M), and Netherlands ($577k).

The fastest growing import markets in Wheat for Iceland between 2022 and 2023 were Poland ($1.54M), Netherlands ($478k), and Belgium ($73.2k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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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 Wheat. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$28

IMPORTS (2023)$15.2M

NET TRADE (2023)-$15.2M

In 2023, Iceland exported $28 in Wheat. The main destinations of Iceland exports on Wheat were Spain ($28).

In 2023, Iceland imported $15.2M in Wheat, mainly from Germany ($7.34M), United Kingdom ($2.95M), Denmark ($2.43M), Poland ($1.81M), and Netherlands ($577k).

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