Iceland | Imports and Exports | World | Cocoa and cocoa preparations | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 18 "Cocoa and cocoa preparations" from Iceland totalled $ 4.02 million in 2023. Sales of commodity group 18 from Iceland went up by 39% compared to 2022: exports of commodity group 18 "Cocoa and cocoa preparations" went up by $ 1.13 million (cumulative exports of commodity group 18 from Iceland amounted $2.88 million in 2022)
Exports of commodity group 18 "Cocoa and cocoa preparations" amounted to 0.059% of total exports from Iceland (cumulative merchandise exports from Iceland totalled $ 6.8 billion in 2023). The share of commodity group 18 in total exports from Iceland increased by 0.02 p.p. compared to 2022 (it was 0.039% in 2022 and cumulative exports from Iceland were equal to $ 7.4 billion).
Where does Iceland export Cocoa and cocoa preparations?
Top export destinations of "Cocoa and cocoa preparations" from Iceland in 2023:
- USA with a share of 39% (1.58 million US$)
- Switzerland with a share of 18.6% (750 thousand US$)
- Faroe Islands with a share of 10.5% (423 thousand US$)
- Sweden with a share of 9.6% (385 thousand US$)
- Denmark with a share of 9.44% (379 thousand US$)
- United Kingdom with a share of 3.64% (146 thousand US$)
- Norway with a share of 2.95% (118 thousand US$)
- Germany with a share of 2.86% (115 thousand US$)
- China with a share of 1.09% (44 thousand US$)
- Greenland - 33 thousand US$
Exports structure of 18 - Cocoa and cocoa preparations - from Iceland in 2023 represented by the following main commodity groups:
- 99% (4.01 million US$): 1806 - Chocolate and other food preparations containing cocoa
- 0.002% (104 US$): 1805 - Cocoa powder, not containing added sugar or other sweetening matter.
- 0% (30 US$): 1804 - Cocoa butter, fat and oil
The value of imports of commodity group 18 "Cocoa and cocoa preparations" to Iceland totalled $ 39 million in 2023. Sales of commodity group 18 to Iceland went up by 17% compared to 2022: imports of commodity group 18 "Cocoa and cocoa preparations" went up by $ 5.68 million (the value of imports of commodity group 18 to Iceland was equal to $33 million in 2022)
Imports of commodity group 18 "Cocoa and cocoa preparations" accounted for 0.411% of total import flow to Iceland (in 2023, total imports to Iceland amounted to $ 9.47 billion). The share of commodity group 18 in total imports to Iceland increased by 0.066 p.p. compared to 2022 (it was 0.345% in 2022 and cumulative imports to Iceland were equal to $ 9.64 billion).
Where does Iceland import Cocoa and cocoa preparations from?
Top trading partners (import of "Cocoa and cocoa preparations") of Iceland in 2023:
- Netherlands with a share of 16.4% (6.41 million US$)
- Germany with a share of 11.8% (4.64 million US$)
- United Kingdom with a share of 9.52% (3.71 million US$)
- Sweden with a share of 8.79% (3.42 million US$)
- Belgium with a share of 6.93% (2.7 million US$)
- Poland with a share of 6.82% (2.66 million US$)
- Côte d`Ivoire with a share of 6.31% (2.46 million US$)
- USA with a share of 5% (1.95 million US$)
- Switzerland with a share of 4.73% (1.84 million US$)
- France with a share of 4.2% (1.63 million US$)
Imports structure of 18 - Cocoa and cocoa preparations - to Iceland in 2023 represented by the following main commodity groups:
- 83% (32 million US$): 1806 - Chocolate and other food preparations containing cocoa
- 10.8% (4.24 million US$): 1804 - Cocoa butter, fat and oil
- 3.49% (1.36 million US$): 1803 - Cocoa paste, whether or not defatted.
- 1.54% (601 thousand US$): 1805 - Cocoa powder, not containing added sugar or other sweetening matter.
- 0.32% (124 thousand US$): 1801 - Cocoa beans, whole or broken, raw or roasted
