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Honey, natural

040900 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.18BRnk 1345 / 4644
2023
Top Exporter | Top Importer $267M | $565MNew Zealand | United States
2023
Product Complexity -1.11Rnk 3924 / 4656
2022 - 2023
Export Growth (CAGR) -19.4%Rnk 3645 / 4644
2023
Share of World Trade 0.0097%Rnk 1345 / 4644

About

Overview This page contains the latest trade data of Natural Honey. In 2023, Natural Honey were the world's 1345th most traded product, with a total trade of $2.18B. Between 2022 and 2023 the exports of Natural Honey decreased by -19.4%, from $2.71B to $2.18B. Trade in Natural Honey represent 0.0097% of total world trade.

Natural Honey are a part of Honey.

Exports In 2023 the top exporters of Natural Honey  were New Zealand ($267M), China ($232M), Argentina ($196M), India ($190M), and Germany ($125M).

Imports In 2023 the top importers of Natural Honey were United States ($565M), Germany ($223M), Japan ($139M), France ($115M), and United Kingdom ($108M).

Ranking Natural Honey ranks 3924th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Natural Honey. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)New Zealand$267M
Top Destination (2023)United States$565M

In 2023 Natural Honey were the world's 1345th most traded product (out of 4,644).

In 2023, the top exporters of Natural Honey were New Zealand ($267M), China ($232M), Argentina ($196M), India ($190M), and Germany ($125M).

In 2023, the top importers of Natural Honey were United States ($565M), Germany ($223M), Japan ($139M), France ($115M), and United Kingdom ($108M).

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Exporters of Natural Honey (2023)
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Importers of Natural Honey (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Austria$2.48M
Top Destination Growth (2022 -  2023)Belgium$15.6M

Between 2022 and 2023, the exports of Natural Honey grew the fastest in Austria ($2.48M), Cambodia ($2.22M), Malaysia ($1.87M), Singapore ($1.48M), and Nicaragua ($1.06M).

Between 2022 and 2023, the fastest growing importers of Natural Honey were Belgium ($15.6M), South Africa ($2.79M), Israel ($1.37M), Brunei ($1.05M), and Lebanon ($832k).

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Exporters of Natural Honey (2022 - 2023)

Importers of Natural Honey (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Natural Honey.

In 2023, market concentration measured using Shannon Entropy, was 4.74. This means that most of the exports of Natural Honey are explained by 26 countries.

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Value of Exports in Natural Honey

Net Trade

TOP NET EXPORTER (2023)New Zealand$267M
TOP NET IMPORTER (2023)United States$550M

This map shows which countries export or import more of Natural Honey. Each country is colored based on the difference in exports and imports of Natural Honey during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Natural Honey were New Zealand ($267M), Argentina ($196M), India ($188M), China ($173M), and Ukraine ($121M).

In 2023, the countries that had a largest trade value in imports than in exports of Natural Honey were United States ($550M), Japan ($138M), Germany ($97.9M), United Kingdom ($96.2M), and France ($84.4M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Natural Honey.
It is possible to select the main countries that export or import Natural Honey in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Natural Honey by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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