Iceland | Imports and Exports | World | Butter, dairy spreads | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." from Iceland totalled $ 190 thousand in 2023. Sales of commodity group 0405 from Iceland decreased by 61% in value terms compared to 2022. exports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." decreased by $ 305 thousand (cumulative exports of commodity group 0405 from Iceland amounted $496 thousand in 2022)
Exports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." amounted to 0.002% of total exports from Iceland (cumulative merchandise exports from Iceland totalled $ 6.8 billion in 2023). The share of commodity group 0405 in total exports from Iceland decreased by 0.003 p.p. compared to 2022 (it was 0.006% in 2022 and cumulative exports from Iceland were equal to $ 7.4 billion).
Exports of commodity group 0405 amounted to 2.12% of total sales of group "" from Iceland in 2023 (the value of exports of commodity group from Iceland amounted to $8.97 million in 2023). The share of exports of commodity group 0405 in sales of commodity group from Iceland lowered by 3.69 p.p. compared to 2022 (it was 5.82% in 2022, and exports of commodity group from Iceland were $8.52 million).
Exports of commodity group 0405 amounted to 99 percent of total sales of group "" from Iceland in 2023 (the value of exports of commodity group from Iceland amounted to 190 thousand USD in 2023). The share of exports of commodity group 0405 in sales of commodity group from Iceland lowered by 0 p.p. compared to 2022 (it was 100 percent in 2022, and exports of commodity group from Iceland amounted to 496 thousand USD).
Where does Iceland export Butter and other fats and oils derived from milk; dairy spreads.?
Top export destinations of "Butter and other fats and oils derived from milk; dairy spreads." from Iceland in 2023:
- USA with a share of 97% (185 thousand US$)
- Greenland with a share of 2.34% (4.47 thousand US$)
- Poland - 139 US$
- Netherlands - 84 US$
- Canada - 69 US$
- Belgium - 24 US$
- Norway - 9.03 US$
Exports structure of 0405 - Butter and other fats and oils derived from milk; dairy spreads. - from Iceland in 2023 represented by the following main commodity groups:
- 99% (190 thousand US$): 040510 - Butter
- 0.031% (60 US$): 040590 - Fats & oils derived from milk, other than butter & dairy spreads
The value of imports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." to Iceland totalled $ 80 thousand in 2023. Sales of commodity group 0405 to Iceland went up by 20% compared to 2022: imports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." went up by $ 13.6 thousand (the value of imports of commodity group 0405 to Iceland was equal to $67 thousand in 2022)
Imports of commodity group 0405 reached 0.576% of total imports of group "" to Iceland in 2023 (imports of commodity group to Iceland totalled $14 million in 2023). The share of purchases of commodity group 0405 in imports of commodity group to Iceland went down by 0.011 p.p. compared to 2022 (it was 0.587% in 2022, and imports of commodity group to Iceland accounted for $11.4 million).
Where does Iceland import Butter and other fats and oils derived from milk; dairy spreads. from?
Top trading partners (import of "Butter and other fats and oils derived from milk; dairy spreads.") of Iceland in 2023:
- Poland with a share of 50% (40 thousand US$)
- Netherlands with a share of 20% (16.6 thousand US$)
- France with a share of 16.7% (13.4 thousand US$)
- Belgium with a share of 4.48% (3.61 thousand US$)
- Italy with a share of 2.81% (2.27 thousand US$)
- Iran with a share of 1.94% (1.56 thousand US$)
- Saudi Arabia with a share of 1.47% (1.18 thousand US$)
- United Kingdom with a share of 1.37% (1.11 thousand US$)
- Ireland - 82 US$
- Egypt - 73 US$
Imports structure of 0405 - Butter and other fats and oils derived from milk; dairy spreads. - to Iceland in 2023 represented by the following main commodity groups:
- 66% (53 thousand US$): 040510 - Butter
- 22% (18.1 thousand US$): 040590 - Fats & oils derived from milk, other than butter & dairy spreads
- 11.1% (9 thousand US$): 040520 - Dairy spreads
