The value of exports of commodity group 19 "Preparations of cereals, flour, starch or milk; bakers' wares" from Iceland totalled $ 109 thousand in 2023. Sales of commodity group 19 from Iceland decreased by 52% in value terms compared to 2022. exports of commodity group 19 "Preparations of cereals, flour, starch or milk; bakers' wares" decreased by $ 119 thousand (cumulative exports of commodity group 19 from Iceland amounted $229 thousand in 2022)
Exports of commodity group 19 "Preparations of cereals, flour, starch or milk; bakers' wares" amounted to 0.001% of total exports from Iceland (cumulative merchandise exports from Iceland totalled $ 6.8 billion in 2023). The share of commodity group 19 in total exports from Iceland decreased by 0.001 p.p. compared to 2022 (it was 0.003% in 2022 and cumulative exports from Iceland were equal to $ 7.4 billion).
Where does Iceland export Preparations of cereals, flour, starch or milk; bakers' wares?
Top export destinations of "Preparations of cereals, flour, starch or milk; bakers' wares" from Iceland in 2023:
- Faroe Islands with a share of 50% (54 thousand US$)
- USA with a share of 17% (18.7 thousand US$)
- Denmark with a share of 12.5% (13.7 thousand US$)
- Greenland with a share of 7.25% (7.95 thousand US$)
- Sweden with a share of 4.25% (4.67 thousand US$)
- Chile with a share of 2.15% (2.36 thousand US$)
- France with a share of 1.74% (1.91 thousand US$)
- Netherlands with a share of 1.28% (1.4 thousand US$)
- United Kingdom - 742 US$
- Germany - 737 US$
Exports structure of 19 - Preparations of cereals, flour, starch or milk; bakers' wares - from Iceland in 2023 represented by the following main commodity groups:
- 92% (101 thousand US$): 1905 - Bread, pastry, cakes, biscuits and other bakers' wares, whether or not containing cocoa; communion wafers, empty cachets of a kind suitable for pharmaceutical use, sealing wafers, rice paper and similar products
- 5.95% (6.52 thousand US$): 1904 - Prepared foods obtained by swelling or roasting cereals or cereal products (eg corn flakes); cereals (other than maize (corn)) in grain form or in the form of flakes or other worked grains (not flour and meal), pre-cooked or otherwise prepared, n.e.s.
- 1.24% (1.36 thousand US$): 1902 - Pasta; whether or not cooked or stuffed with meat or other substance, or otherwise prepared, eg spaghetti, macaroni, noodles, lasagne, gnocchi, ravioli, cannelloni; couscous, whether or not prepared
- 0.098% (108 US$): 1901 - Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing less than 40 % by weight of cocoa calculated on a totally defatted basis, not elsewhere specified or included; food preparations of goods of headings 04.01 to 04.04, not containing cocoa or containing less than 5 % by weight of cocoa calculated on a totally defatted basis, not elsewhere specified or included.
The value of imports of commodity group 19 "Preparations of cereals, flour, starch or milk; bakers' wares" to Iceland totalled $ 102 million in 2023. Sales of commodity group 19 to Iceland went up by 16.5% compared to 2022: imports of commodity group 19 "Preparations of cereals, flour, starch or milk; bakers' wares" went up by $ 14.5 million (the value of imports of commodity group 19 to Iceland was equal to $88 million in 2022)
Imports of commodity group 19 "Preparations of cereals, flour, starch or milk; bakers' wares" accounted for 1.08% of total import flow to Iceland (in 2023, total imports to Iceland amounted to $ 9.47 billion). The share of commodity group 19 in total imports to Iceland increased by 0.17 p.p. compared to 2022 (it was 0.914% in 2022 and cumulative imports to Iceland were equal to $ 9.64 billion).
Where does Iceland import Preparations of cereals, flour, starch or milk; bakers' wares from?
Top trading partners (import of "Preparations of cereals, flour, starch or milk; bakers' wares") of Iceland in 2023:
- United Kingdom with a share of 14.3% (14.7 million US$)
- Germany with a share of 10.7% (11 million US$)
- Belgium with a share of 10.6% (10.9 million US$)
- Netherlands with a share of 9.69% (9.96 million US$)
- Sweden with a share of 8% (8.22 million US$)
- Denmark with a share of 7.74% (7.95 million US$)
- Italy with a share of 7.28% (7.48 million US$)
- Poland with a share of 5.18% (5.33 million US$)
- USA with a share of 4.91% (5.05 million US$)
- France with a share of 4.11% (4.23 million US$)
Imports structure of 19 - Preparations of cereals, flour, starch or milk; bakers' wares - to Iceland in 2023 represented by the following main commodity groups:
- 58% (60 million US$): 1905 - Bread, pastry, cakes, biscuits and other bakers' wares, whether or not containing cocoa; communion wafers, empty cachets of a kind suitable for pharmaceutical use, sealing wafers, rice paper and similar products
- 17% (17.5 million US$): 1904 - Prepared foods obtained by swelling or roasting cereals or cereal products (eg corn flakes); cereals (other than maize (corn)) in grain form or in the form of flakes or other worked grains (not flour and meal), pre-cooked or otherwise prepared, n.e.s.
- 13.7% (14.1 million US$): 1901 - Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing less than 40 % by weight of cocoa calculated on a totally defatted basis, not elsewhere specified or included; food preparations of goods of headings 04.01 to 04.04, not containing cocoa or containing less than 5 % by weight of cocoa calculated on a totally defatted basis, not elsewhere specified or included.
- 10.5% (10.8 million US$): 1902 - Pasta; whether or not cooked or stuffed with meat or other substance, or otherwise prepared, eg spaghetti, macaroni, noodles, lasagne, gnocchi, ravioli, cannelloni; couscous, whether or not prepared
- 0.034% (35 thousand US$): 1903 - Tapioca and substitutes therefor prepared from starch, in the form of flakes, grains, pearls, siftings or in similar forms