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Honey, natural

040900 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.69BRnk 1226 / 4648
2022
Top Exporter | Top Importer $273M | $745MNew Zealand | United States
2022
Product Complexity -1.19Rnk 4004 / 4653
2021 - 2022
Export Growth (CAGR) -0.16%Rnk 2985 / 4648
2022
Share of World Trade 0.011%Rnk 1226 / 4648

About

Overview This page contains the latest trade data of Natural Honey. In 2022, Natural Honey were the world's 1226th most traded product, with a total trade of $2.69B. Between 2021 and 2022 the exports of Natural Honey decreased by -0.16%, from $2.69B to $2.69B. Trade in Natural Honey represent 0.011% of total world trade.

Natural Honey are a part of Honey.

Exports In 2022 the top exporters of Natural Honey  were New Zealand ($273M), China ($267M), Argentina ($252M), India ($242M), and Brazil ($139M).

Imports In 2022 the top importers of Natural Honey were United States ($745M), Germany ($317M), Japan ($160M), France ($128M), and United Kingdom ($117M).

Ranking Natural Honey ranks 4004th in the Product Complexity Index (PCI).

Description -

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.

Explore Latest Trends

* 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 (2022)New Zealand$273M
Top Destination (2022)United States$745M

In 2022 Natural Honey were the world's 1226th most traded product (out of 4,648).

In 2022, the top exporters of Natural Honey were New Zealand ($273M), China ($267M), Argentina ($252M), India ($242M), and Brazil ($139M).

In 2022, the top importers of Natural Honey were United States ($745M), Germany ($317M), Japan ($160M), France ($128M), and United Kingdom ($117M).

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Exporters of Natural Honey (2022)
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Importers of Natural Honey (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)India$95.8M
Top Destination Growth (2021 -  2022)United States$127M

Between 2021 and 2022, the exports of Natural Honey grew the fastest in India ($95.8M), Argentina ($35.9M), China ($28.8M), Canada ($20.5M), and Turkey ($16.7M).

Between 2021 and 2022, the fastest growing importers of Natural Honey were United States ($127M), Canada ($11.8M), Kuwait ($8.95M), Portugal ($6.8M), and Spain ($6.07M).

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Exporters of Natural Honey (2021 - 2022)

Importers of Natural Honey (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.81. This means that most of the exports of Natural Honey are explained by 28 countries.

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Value of Exports in Natural Honey

Net Trade

TOP NET EXPORTER (2022)New Zealand$272M
TOP NET IMPORTER (2022)United States$712M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Natural Honey were New Zealand ($272M), Argentina ($252M), India ($238M), China ($215M), and Brazil ($139M).

In 2022, the countries that had a largest trade value in imports than in exports of Natural Honey were United States ($712M), Germany ($189M), Japan ($159M), United Kingdom ($96.9M), and France ($92.6M).

Net Trade (2022)

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 (2022)

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