Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Iceland | Imports and Exports | World | Residues and waste from the food industries; prepared animal fodder | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 23 "Residues and waste from the food industries; prepared animal feed" from Iceland totalled $ 295 million in 2023. Sales of commodity group 23 from Iceland went up by 2.98% compared to 2022: exports of commodity group 23 "Residues and waste from the food industries; prepared animal feed" went up by $ 8.55 million (cumulative exports of commodity group 23 from Iceland amounted $287 million in 2022)

Exports of commodity group 23 "Residues and waste from the food industries; prepared animal feed" amounted to 4.34% of total exports from Iceland (cumulative merchandise exports from Iceland totalled $ 6.8 billion in 2023). The share of commodity group 23 in total exports from Iceland increased by 0.465 p.p. compared to 2022 (it was 3.87% in 2022 and cumulative exports from Iceland were equal to $ 7.4 billion).

Where does Iceland export Residues and waste from the food industries; prepared animal feed?

Top export destinations of "Residues and waste from the food industries; prepared animal feed" from Iceland in 2023:

  • Norway with a share of 50% (149 million US$)
  • United Kingdom with a share of 27% (82 million US$)
  • Denmark with a share of 12.1% (35 million US$)
  • Germany with a share of 4.33% (12.8 million US$)
  • USA with a share of 1.62% (4.79 million US$)
  • Greece with a share of 1.15% (3.41 million US$)
  • Italy - 2.51 million US$
  • Korea - 2.35 million US$
  • Nigeria - 758 thousand US$
  • Canada - 448 thousand US$

Exports structure of 23 - Residues and waste from the food industries; prepared animal feed - from Iceland in 2023 represented by the following main commodity groups:

  • 96% (286 million US$): 2301 - Flours, meals and pellets, of meat or meat offal, of fish or of crustaceans, molluscs or other aquatic invertebrates, unfit for human consumption; greaves.
  • 3.24% (9.6 million US$): 2309 - Preparations of a kind used in animal feeding.

The value of imports of commodity group 23 "Residues and waste from the food industries; prepared animal feed" to Iceland totalled $ 167 million in 2023. Sales of commodity group 23 to Iceland went up by 10.8% compared to 2022: imports of commodity group 23 "Residues and waste from the food industries; prepared animal feed" went up by $ 16.3 million (the value of imports of commodity group 23 to Iceland was equal to $151 million in 2022)

Imports of commodity group 23 "Residues and waste from the food industries; prepared animal feed" accounted for 1.76% of total import flow to Iceland (in 2023, total imports to Iceland amounted to $ 9.47 billion). The share of commodity group 23 in total imports to Iceland increased by 0.201 p.p. compared to 2022 (it was 1.56% in 2022 and cumulative imports to Iceland were equal to $ 9.64 billion).

Where does Iceland import Residues and waste from the food industries; prepared animal feed from?

Top trading partners (import of "Residues and waste from the food industries; prepared animal feed") of Iceland in 2023:

  • Norway with a share of 60% (100 million US$)
  • United Kingdom with a share of 10.7% (18 million US$)
  • Denmark with a share of 7.79% (13 million US$)
  • Netherlands with a share of 6.86% (11.4 million US$)
  • Germany with a share of 5.84% (9.79 million US$)
  • France with a share of 1.96% (3.29 million US$)
  • Spain with a share of 1.21% (2.03 million US$)
  • China - 1.31 million US$
  • Greenland - 1.01 million US$
  • Hungary - 969 thousand US$

Imports structure of 23 - Residues and waste from the food industries; prepared animal feed - to Iceland in 2023 represented by the following main commodity groups:

  • 90% (151 million US$): 2309 - Preparations of a kind used in animal feeding.
  • 5.89% (9.88 million US$): 2304 - Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soyabean oil
  • 1% (1.69 million US$): 2303 - Residues of starch manufacture and similar residues, beet-pulp, bagasse and other waste of sugar manufacture, brewing or distilling dregs and waste, whether or not in the form of pellets
  • 0.96% (1.6 million US$): 2302 - Bran, sharps and other residues, whether or not in the form of pellets, derived from the sifting, milling or other working of cereals or of leguminous plants
  • 0.814% (1.36 million US$): 2306 - Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable fats or oils, other than those of heading 23.04 or 23.05.
  • 0.607% (1.01 million US$): 2301 - Flours, meals and pellets, of meat or meat offal, of fish or of crustaceans, molluscs or other aquatic invertebrates, unfit for human consumption; greaves.
  • 0% (153 US$): 2308 - Vegetable materials and vegetable waste, vegetable residues and by-products, whether or not in the form of pellets, of a kind used in animal feeding, not elsewhere specified or included

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Iceland | Imports and Exports | World | Residues and waste from the food industries; prepared animal fodder | Value (US$) and Value Growth, YoY (%) | 2012 - 2023