Natural Honey Exports by Country

Natural Honey Exports by Country

Honey bee at work

Global sales from natural honey exports by country totaled US$2.2 billion in 2016.

Overall, the value of natural honey exports were up by an average 27.1% for all exporting countries since 2012 when natural honey shipments were valued at $1.8 billion. Year over year, global exports of natural honey retreated in value by -3.6% from 2015 to 2016.

Among continents, European countries accounted for the highest dollar value worth of natural honey exports during 2016 with shipments amounting to $825.3 million or 36.8% of international honey sales. That percentage compares with 23.5% from Asian exporters, 14.5% from Latin America (excluding Mexico) and the Caribbean, 10.6% from Oceania (mostly New Zealand trailed by Australia) and 7.8% from North America. African countries furnished a respectable 6.8% of exported natural honey.

The 4-digit Harmonized Tariff System code prefix for natural honey is 0409.

Natural Honey Exports by Country

Countries

Below are the 15 countries that exported the highest dollar value worth of natural honey during 2016:

  1. China: US$276.6 million (12.3% of total natural honey exports)
  2. New Zealand: $206.7 million (9.2%)
  3. Argentina: $168.9 million (7.5%)
  4. Germany: $144.9 million (6.5%)
  5. Sierra Leone: $142.4 million (6.4%)
  6. Spain: $109 million (4.9%)
  7. Ukraine: $108.2 million (4.8%)
  8. Mexico: $93.7 million (4.2%)
  9. Brazil: $92 million (4.1%)
  10. Vietnam: $75.9 million (3.4%)
  11. Hungary: $74.2 million (3.3%)
  12. Belgium: $72.4 million (3.2%)
  13. India: $70.8 million (3.2%)
  14. Canada: $54.4 million (2.4%)
  15. Romania: $41.5 million (1.9%)

The listed 15 countries shipped over three-quarters (77.2%) of all natural honey exports during 2016 (by value).

Among the above countries, the fastest-growing natural honey exporters since 2012 were: Ukraine (up 247.9%), New Zealand (up 98.9%), Brazil (up 75.8%), Spain (up 36.5%), Belgium (up 32.1%) and Vietnam (up 30.6%).

Three countries posted declines in their exported natural honey sales: Canada (down -26.4%), Argentina (down -21.4%) and Mexico (down -7.7%).

Advantages

The following countries posted the highest positive net exports for natural honey during 2016. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s natural honey exports and its import purchases for that same commodity.

  1. New Zealand: US$204.4 million (net export surplus up 98.6% since 2012)
  2. China: $203.8 million (up 7.9%)
  3. Argentina: $168.8 million (down -21.4%)
  4. Sierra Leone: $142.4 million (down -21,231%)
  5. Ukraine: $108 million (up 249.7%)
  6. Mexico: $93.7 million (down -7.6%)
  7. Brazil: $91.8 million (up 75.4%)
  8. Viet Nam: $75 million (up 29.5%)
  9. Hungary: $71 million (up 14.5%)
  10. India: $69.7 million (up 21.2%)
  11. Spain: $43.7 million (up 38.7%)
  12. Romania: $32.5 million (down -17.6%)
  13. Bulgaria: $28.1 million (down -6.7%)
  14. Canada: $25.6 million (down -56.6%)
  15. Chile: $21.1 million (down -15.8%)

New Zealand has the highest surplus in the international trade of natural honey. In turn, this positive cashflow confirms the Oceania island nation’s strong competitive advantage for this specific product category.

Opportunities

The following countries posted the highest negative net exports for natural honey during 2016. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s natural honey import purchases and its exports for that same commodity.

  1. United States: -US$45 billion (net export deficit up 96.9% since 2012)
  2. Japan: -$14.3 billion (down -2.7%)
  3. China: -$11.3 billion (up 48.8%)
  4. Russia: -$6.5 billion (down -35.7%)
  5. Australia: -$4.1 billion (down -9.1%)
  6. Saudi Arabia: -$3.2 billion (up 9.9%)
  7. South Korea: -$2.7 billion (up 26.9%)
  8. Spain: -$2.7 billion (up 33.1%)
  9. Brazil: -$2.4 billion (down -3.4%)
  10. Turkey: -$2 billion (down -6.3%)
  11. Taiwan: -$1.9 billion (up 11.6%)
  12. Romania: -$1.8 billion (up 23.6%)
  13. Poland: -$1.6 billion (down -20.4%)
  14. Czech Republic: -$1.6 billion (down -17.4%)
  15. Egypt: -$1.5 billion (up 21.6%)

United States has the highest deficit in the international trade of natural honey. In turn, this negative cashflow confirms America’s strong competitive disadvantage for this specific product category but also signals opportunities for natural honey-supplying countries that help satisfy the powerful demand from American consumers.

Companies

Natural Honey Exporting Companies

According to global trading platform Alibaba, the following companies are also examples of natural honey-trading companies located in the country shown within parentheses:

  • Capilano Honey Ltd (Australia)
  • Caprilush International (Mexico)
  • Duc Cuong Phat Company Limited (Vietnam)
  • Dutch Golld Honey (United States)
  • Groeb Farms, Inc (United States)
  • Navrang SL (Spain)
  • Nuxten Health Ltd (New Zealand)
  • Rowse Honey Ltd (United Kingdom)
  • Zanchetta Alimentos LTDA (Brazil)
  • Zhejiang Jiangshan Bee Enterprise Co, Ltd (China)

In addition, here are 5 other multinational honey suppliers based on searches from global trade intelligence firm Zepol.

  • Bee Honey (Vietnam)
  • Compania Inversora Platens (Argentina)
  • Honeyma (Argentina)
  • Miel Mex (Mexico)
  • Mieles Del Mayab (Mexico)


 
See also Bananas Exports by Country and Cheese Exports by Country

Research Sources:
The World Factbook, Field Listing: Exports – Commodities, Central Intelligence Agency. Accessed on May 14, 2017

Trade Map, International Trade Centre. Accessed on May 14, 2017

Investopedia, Net Exports Definition. Accessed on May 14, 2017

Alibaba, Supplier information for natural honey. Accessed on May 14, 2017

Zepol’s company summary highlights by HTS code. Accessed on May 14, 2017