Iceland, though a relatively small player in the global tapioca starch market, is engaged in importing this versatile product.
In 2021, Iceland imported tapioca starch valued at $22.7k, positioning itself as the 108th largest global importer of this commodity. Tapioca starch ranked as the 3106th most imported product in Iceland, indicating its moderate significance within the country’s import sector.
Netherlands emerged as the dominant source for Iceland’s tapioca starch imports, accounting for a considerable share with imports valued at $6.73k. Spain, Germany, Czechia, and Vietnam were also notable import partners, contributing respective values of $6.67k, $5.08k, $1.93k, and $504.
Between 2020 and 2021, Iceland experienced significant growth in its import market for tapioca starch. Notably, the Netherlands showcased the highest growth rate, with an increase of $6.23k. Spain and Czechia also demonstrated notable growth during this period, with increases of $4.06k and $1.93k, respectively.
| Continent | Country | Trade Value |
| Africa | Cote d’Ivoire | 64 |
| Africa | Ghana | 35 |
| Africa | Nigeria | 98 |
| Asia | Thailand | 458 |
| Asia | Vietnam | 504 |
| Europe | Czechia | 1,931 |
| Europe | Germany | 5,075 |
| Europe | Spain | 6,668 |
| Europe | United Kingdom | 391 |
| Europe | Netherlands | 6726 |
| Europe | Sweden | 431 |
| North America | United States | 342 |
Source: BACI and General Statistics Office of Vietnam