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Mānuka Honey: New Zealand’s Sweet Success in the Global Honey Trade

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This infographic highlights Mānuka honey and global honey exports

Mānuka Honey and the Global Honey Trade

Did you know that the honey export industry today is worth billions?

Over the past two decades, the demand for this sought-after pantry staple has grown across industries ranging from skincare to medicine.

In this vibrant infographic, Edit Gyenge uses data from resourcetrade.earth to track the exponential growth in the global honey export industry from 2000 to 2020.

The Surge of Honey Money

Despite honey being harvested from beehives since antiquity, honey exports globally were only valued at $442 million in 2000. This number shot up to $2.3 billion in 2020.

RankHoney Exporting CountryValue
(2020 USD)
Weight
(2020 Tonnes)
1🇳🇿 New Zealand$333.34M16,547.36
2🇨🇳 China$229.62M127,132.51
3🇦🇷 Argentina$179.58M72,920.54
4🇩🇪 Germany$155.26M31,287.53
5🇺🇦 Ukraine$137.99M78,983.95
6🇪🇸 Spain$109.19M27,187.59
7🇧🇷 Brazil$100.27M45,733.41
8🇭🇺 Hungary$94.85M21,437.72
9🇮🇳 India$87.56M53,288.02
10🇻🇳 Vietnam$71.13M15,597.46
11🇲🇽 Mexico$68.72M21,101.57
12🇵🇱 Poland$58.07M23,472.43
13🇷🇴 Romania$49.99M13,925.81
14🇦🇺 Australia$44.62M6,287.35
15🇧🇪 Belgium$40.48M10,709.40
16🇧🇬 Bulgaria$39.28M13,373.22
17🇨🇦 Canada$35.09M9,112.48
18🇺🇾 Uruguay$31.71M15,842.94
19🇫🇷 France$29.83M4,342.84
20🇬🇧 United Kingdom$27.24M5,651.56
21🇹🇷 Turkey$25.53M5,695.40
22🇸🇦 Saudi Arabia$25.24M3,073.50
23🇮🇹 Italy$23.67M3,743.44
24🇺🇸 United States$20.77M6,002.50
25🇬🇷 Greece$20.09M4,256.29
26🇹🇭 Thailand$18.38M7,773.81
27🇾🇪 Yemen$17.11M1,167.04
28🇳🇱 Netherlands$15.73M3,057.09
29🇨🇺 Cuba$15.67M7,452.37
30🇩🇰 Denmark$15.11M3,158.17
31🇷🇸 Serbia$15.10M2,693.89
32🇵🇹 Portugal$13.47M7,293.22
33🇵🇰 Pakistan$12.44M4,975.70
34🇦🇹 Austria$11.38M1,890.84
35🇲🇩 Moldova$8.99M3,416.76
36🇱🇹 Lithuania$8.49M3,126.86
37🇪🇬 Egypt$7.78M1,675.96
38🇨🇱 Chile$6.53M2,075.44
39🇦🇪 United Arab Emirates$5.76M2,371.64
40🇷🇺 Russian Federation$4.74M2,255.93
41🇮🇪 Ireland$4.62M758.02
42🇨🇭 Switzerland$4.07M406.04
43🇲🇲 Myanmar$3.98M3,160.46
44🇬🇹 Guatemala$3.87M1,414.63
45🇸🇰 Slovakia$3.58M921.78
46🇨🇿 Czech Republic$2.99M715.84
47🇿🇦 South Africa$2.87M753.00
48🇸🇬 Singapore$2.85M542.15
49🇿🇲 Zambia$2.79M951.16
50🇸🇻 El Salvador$2.10M841.85
51🇰🇬 Kyrgyzstan$1.95M451.50
52🇳🇮 Nicaragua$1.95M656.62
53🇭🇰 China, Hong Kong SAR$1.93M484.14
54🇭🇷 Croatia$1.91M401.69
55🇸🇮 Slovenia$1.77M293.55
56🇴🇲 Oman$1.75M454.27
57🇸🇪 Sweden$1.44M227.90
58🇲🇾 Malaysia$1.37M261.76
59🇯🇵 Japan$1.16M118.28
60🇩🇴 Dominican Republic$1.16M428.97
61🇧🇦 Bosnia Herzegovina$1.08M87.38
62🇹🇿 Tanzania$0.98M465.90
63🇱🇻 Latvia$0.97M256.66
64🇰🇼 Kuwait$0.86M93.03
65🇳🇴 Norway$0.86M175.08
66🇮🇷 Iran$0.86M357.86
67🇱🇧 Lebanon$0.85M111.91
68🇮🇩 Indonesia$0.77M238.68
69🇪🇹 Ethiopia$0.73M178.98
70🇪🇪 Estonia$0.73M292.60
71🇲🇰 North Macedonia$0.64M132.12
72🇮🇱 Israel$0.61M170.94
73🇰🇿 Kazakhstan$0.52M195.46
74🇰🇪 Kenya$0.50M97.58
75🇧🇾 Belarus$0.46M104.69
76🇧🇩 Bangladesh$0.38M178.15
77🇲🇬 Madagascar$0.35M80.65
78🇱🇰 Sri Lanka$0.31M28.10
79🇸🇱 Sierra Leone$0.29M96.19
80🇵🇸 State of Palestine$0.28M69.73
81🇯🇴 Jordan$0.27M44.21
82🇸🇩 Sudan$0.25M56.45
83🇬🇪 Georgia$0.25M65.61
84🇲🇦 Morocco$0.21M32.90
85🇱🇺 Luxembourg$0.19M26.71
86🇱🇾 Libya$0.18M25.45
87🇦🇲 Armenia$0.14M20.79
88🇰🇷 Korea, Republic$0.13M21.99
89🇫🇮 Finland$0.12M13.29
90🇸🇾 Syria$0.11M38.27
91🇸🇷 Suriname$0.10M37.96
92🇺🇿 Uzbekistan$0.08M37.11
93🇦🇬 Antigua and Barbuda$0.07M27.77
94🇨🇾 Cyprus$0.06M12.99
95🇧🇯 Benin$0.06M49.29
96🇦🇱 Albania$0.05M7.10
97🇧🇳 Brunei Darussalam$0.05M19.22
98🇨🇴 Colombia$0.05M13.97
99🇶🇦 Qatar$0.05M7.62
100🇺🇬 Uganda$0.04M10.70
101🇼🇸 Samoa$0.03M19.46
102🇧🇫 Burkina Faso$0.03M4.24
103🇯🇲 Jamaica$0.03M3.91
104🇳🇵 Nepal$0.03M7.50
105🇲🇱 Mali$0.03M75.58
106🇹🇯 Tajikistan$0.03M7.33
107🇵🇭 Philippines$0.03M4.27
108🇲🇺 Mauritius$0.03M1.99
109🇧🇼 Botswana$0.02M3.86
110🇲🇿 Mozambique$0.02M12.26
111🇸🇿 Eswatini$0.02M2.29
112🇸🇳 Senegal$0.02M22.56
113🇵🇪 Peru$0.02M2.80
114🇮🇸 Iceland$0.01M13.57
115🇪🇨 Ecuador$0.01M1.22
116🇨🇲 Cameroon$0.01M7.01
117🇧🇭 Bahrain$0.01M0.34
118🇦🇿 Azerbaijan$0.01M0.30
119🇲🇴 China, Macao SAR$0.01M0.81
120🇭🇳 Honduras$0.01M4.15
121🇳🇨 New Caledonia<$0.01M0.70
122🇬🇭 Ghana<$0.01M0.55
123🇦🇫 Afghanistan<$0.01M1.45
124🇳🇬 Nigeria<$0.01M1.77
125🇬🇾 Guyana<$0.01M1.66
126🇲🇹 Malta<$0.01M0.59
127🇬🇳 Guinea<$0.01M0.29
128🇵🇳 Pitcairn<$0.01M0.09
129🇨🇮 Cote d'Ivoire<$0.01M3.78
130🇰🇭 Cambodia<$0.01M0.58
131🇹🇹 Trinidad and Tobago<$0.01M0.07
132🇨🇨 Cocos Islands<$0.01M0.10
133🇱🇨 Saint Lucia<$0.01M0.17
134🇷🇼 Rwanda<$0.01M0.28
135🇬🇩 Grenada<$0.01M0.15
136🇧🇮 Burundi<$0.01M0.13
137🇲🇳 Mongolia<$0.01M0.11
138🇦🇩 Andorra<$0.01M0.06
139🇧🇹 Bhutan<$0.01M0.44
140🇦🇼 Aruba<$0.01M0.05
141🇹🇳 Tunisia<$0.01M0.20
142🇵🇫 French Polynesia<$0.01M0.04
143🇲🇪 Montenegro<$0.01M0.07
144🇱🇸 Lesotho<$0.01M0.02
145🇩🇿 Algeria<$0.01M0.01
146🇧🇲 Bermuda<$0.01M0.04
147🇩🇯 Djibouti<$0.01M0.07
148🇸🇸 South Sudan<$0.01M0.44
149🇵🇦 Panama<$0.01M0.01
150🇬🇶 Equatorial Guinea<$0.01M0.05
151🇨🇷 Costa Rica<$0.01M0.01
152🇫🇯 Fiji<$0.01M0.01
153🇹🇩 Chad<$0.01M0.04
154🇹🇱 Timor-Leste<$0.01M0.05
155🇵🇬 Papua New Guinea<$0.01M0.01
156🇸🇴 Somalia<$0.01M0.02
157🇱🇦 Lao PDR<$0.01M0.01
158🇨🇬 Congo, Republic<$0.01M0.01
159🇲🇼 Malawi<$0.01M0.03
160🇨🇩 Congo, Democratic Republic<$0.01M0.00
161🇮🇶 Iraq<$0.01M0.00
162🇵🇾 Paraguay<$0.01M0.01
163🇨🇫 Central African Republic<$0.01M0.08
164🇬🇲 Gambia<$0.01M0.00
165🇳🇦 Namibia<$0.01M0.00
166🇹🇬 Togo<$0.01M0.00
167🇲🇻 Maldives<$0.01M0.00

In the span between 2000 and 2020, agricultural powerhouses such as China, Argentina, and Ukraine consistently maintained their position as the top honey producers in the world. These nations exported thousands of tonnes of honey globally.

In fact, China continued to hold the position of the number one honey producer in pure volume terms in 2020.

However, New Zealand’s sought-after and expensive Mānuka honey put it far ahead of China and other countries in export value, despite not being anywhere near the largest exporter by volume.

What is Mānuka Honey?

Mānuka honey is produced by bees that collect nectar from Mānuka trees found only in New Zealand and some parts of Australia.

Known for its unique antibacterial and tissue regeneration properties, Mānuka honey has become highly coveted. In some countries it can sell for up to $400 per kilogram.

In 2020, New Zealand earned over $333 million through its honey exports. Most of this honey was imported by Asian nations including Singapore, China, Japan, Indonesia, and Hong Kong.

A Sticky Future for Honey Trade

The production of honey worldwide relies on the bees and the trees, both of which are under threat as the climate changes.

While floods devastated bee colonies in some parts of the world, bushfires and disease are affecting honeybee habitats in others, posing a major threat to the future of honey production.

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This article was published as a part of Visual Capitalist's Creator Program, which features data-driven visuals from some of our favorite Creators around the world.

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Markets

U.S. Debt Interest Payments Reach $1 Trillion

U.S. debt interest payments have surged past the $1 trillion dollar mark, amid high interest rates and an ever-expanding debt burden.

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This line chart shows U.S. debt interest payments over modern history.

U.S. Debt Interest Payments Reach $1 Trillion

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

The cost of paying for America’s national debt crossed the $1 trillion dollar mark in 2023, driven by high interest rates and a record $34 trillion mountain of debt.

Over the last decade, U.S. debt interest payments have more than doubled amid vast government spending during the pandemic crisis. As debt payments continue to soar, the Congressional Budget Office (CBO) reported that debt servicing costs surpassed defense spending for the first time ever this year.

This graphic shows the sharp rise in U.S. debt payments, based on data from the Federal Reserve.

A $1 Trillion Interest Bill, and Growing

Below, we show how U.S. debt interest payments have risen at a faster pace than at another time in modern history:

DateInterest PaymentsU.S. National Debt
2023$1.0T$34.0T
2022$830B$31.4T
2021$612B$29.6T
2020$518B$27.7T
2019$564B$23.2T
2018$571B$22.0T
2017$493B$20.5T
2016$460B$20.0T
2015$435B$18.9T
2014$442B$18.1T
2013$425B$17.2T
2012$417B$16.4T
2011$433B$15.2T
2010$400B$14.0T
2009$354B$12.3T
2008$380B$10.7T
2007$414B$9.2T
2006$387B$8.7T
2005$355B$8.2T
2004$318B$7.6T
2003$294B$7.0T
2002$298B$6.4T
2001$318B$5.9T
2000$353B$5.7T
1999$353B$5.8T
1998$360B$5.6T
1997$368B$5.5T
1996$362B$5.3T
1995$357B$5.0T
1994$334B$4.8T
1993$311B$4.5T
1992$306B$4.2T
1991$308B$3.8T
1990$298B$3.4T
1989$275B$3.0T
1988$254B$2.7T
1987$240B$2.4T
1986$225B$2.2T
1985$219B$1.9T
1984$205B$1.7T
1983$176B$1.4T
1982$157B$1.2T
1981$142B$1.0T
1980$113B$930.2B
1979$96B$845.1B
1978$84B$789.2B
1977$69B$718.9B
1976$61B$653.5B
1975$55B$576.6B
1974$50B$492.7B
1973$45B$469.1B
1972$39B$448.5B
1971$36B$424.1B
1970$35B$389.2B
1969$30B$368.2B
1968$25B$358.0B
1967$23B$344.7B
1966$21B$329.3B

Interest payments represent seasonally adjusted annual rate at the end of Q4.

At current rates, the U.S. national debt is growing by a remarkable $1 trillion about every 100 days, equal to roughly $3.6 trillion per year.

As the national debt has ballooned, debt payments even exceeded Medicaid outlays in 2023—one of the government’s largest expenditures. On average, the U.S. spent more than $2 billion per day on interest costs last year. Going further, the U.S. government is projected to spend a historic $12.4 trillion on interest payments over the next decade, averaging about $37,100 per American.

Exacerbating matters is that the U.S. is running a steep deficit, which stood at $1.1 trillion for the first six months of fiscal 2024. This has accelerated due to the 43% increase in debt servicing costs along with a $31 billion dollar increase in defense spending from a year earlier. Additionally, a $30 billion increase in funding for the Federal Deposit Insurance Corporation in light of the regional banking crisis last year was a major contributor to the deficit increase.

Overall, the CBO forecasts that roughly 75% of the federal deficit’s increase will be due to interest costs by 2034.

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