2022
Exports
$106World Rnk 130 / 133
Flag Rnk 877 / 935
2022
PRODUCT COMPLEXITY IN Wheat
-0.42Rnk 677 / 1025
2022
Imports
$18.9MWorld Rnk 135 / 194
Flag Rnk 89 / 1186

About

Exports In 2022, Iceland exported $106 in Wheat, making it the 130th largest exporter of Wheat in the world. At the same year, Wheat was the 877th most exported product in Iceland. The main destination of Wheat exports from Iceland are: Denmark ($106).

The fastest growing export markets for Wheat of Iceland between N/A and 2022 were Denmark ($106).

Imports In 2022, Iceland imported $18.9M in Wheat, becoming the 135th largest importer of Wheat in the world. At the same year, Wheat was the 89th most imported product in Iceland. Iceland imports Wheat primarily from: Germany ($8.75M), United Kingdom ($5M), Denmark ($4.23M), Sweden ($615k), and Poland ($268k).

The fastest growing import markets in Wheat for Iceland between 2021 and 2022 were Germany ($6.99M), United Kingdom ($4.72M), and Netherlands ($8.74k).

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 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
EXPORTS (2022)$106
IMPORTS (2022)$18.9M
NET TRADE (2022)-$18.9M

In 2022, Iceland exported $106 in Wheat. The main destinations of Iceland exports on Wheat were Denmark ($106).

In 2022, Iceland imported $18.9M in Wheat, mainly from Germany ($8.75M), United Kingdom ($5M), Denmark ($4.23M), Sweden ($615k), and Poland ($268k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Iceland WERE (N/A - 2022):Denmark$106 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Wheat were:
In 2022, Iceland's main importing competitors in Wheat were:
Egypt $4.82B
China $4.52B

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Wheat’s highest export potential is N/A. With an export gap of N/A.   Wheat’s highest import potential is N/A with an import gap of N/A.

See methodology.

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