Markets

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

Published

2 months ago

March 9, 2024

Edit Gyenge

Featured Creator

Article/Editing:

Freny Fernandes

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.

Rank	Honey Exporting Country	Value (2020 USD)	Weight (2020 Tonnes)
1	🇳🇿 New Zealand	$333.34M	16,547.36
2	🇨🇳 China	$229.62M	127,132.51
3	🇦🇷 Argentina	$179.58M	72,920.54
4	🇩🇪 Germany	$155.26M	31,287.53
5	🇺🇦 Ukraine	$137.99M	78,983.95
6	🇪🇸 Spain	$109.19M	27,187.59
7	🇧🇷 Brazil	$100.27M	45,733.41
8	🇭🇺 Hungary	$94.85M	21,437.72
9	🇮🇳 India	$87.56M	53,288.02
10	🇻🇳 Vietnam	$71.13M	15,597.46
11	🇲🇽 Mexico	$68.72M	21,101.57
12	🇵🇱 Poland	$58.07M	23,472.43
13	🇷🇴 Romania	$49.99M	13,925.81
14	🇦🇺 Australia	$44.62M	6,287.35
15	🇧🇪 Belgium	$40.48M	10,709.40
16	🇧🇬 Bulgaria	$39.28M	13,373.22
17	🇨🇦 Canada	$35.09M	9,112.48
18	🇺🇾 Uruguay	$31.71M	15,842.94
19	🇫🇷 France	$29.83M	4,342.84
20	🇬🇧 United Kingdom	$27.24M	5,651.56
21	🇹🇷 Turkey	$25.53M	5,695.40
22	🇸🇦 Saudi Arabia	$25.24M	3,073.50
23	🇮🇹 Italy	$23.67M	3,743.44
24	🇺🇸 United States	$20.77M	6,002.50
25	🇬🇷 Greece	$20.09M	4,256.29
26	🇹🇭 Thailand	$18.38M	7,773.81
27	🇾🇪 Yemen	$17.11M	1,167.04
28	🇳🇱 Netherlands	$15.73M	3,057.09
29	🇨🇺 Cuba	$15.67M	7,452.37
30	🇩🇰 Denmark	$15.11M	3,158.17
31	🇷🇸 Serbia	$15.10M	2,693.89
32	🇵🇹 Portugal	$13.47M	7,293.22
33	🇵🇰 Pakistan	$12.44M	4,975.70
34	🇦🇹 Austria	$11.38M	1,890.84
35	🇲🇩 Moldova	$8.99M	3,416.76
36	🇱🇹 Lithuania	$8.49M	3,126.86
37	🇪🇬 Egypt	$7.78M	1,675.96
38	🇨🇱 Chile	$6.53M	2,075.44
39	🇦🇪 United Arab Emirates	$5.76M	2,371.64
40	🇷🇺 Russian Federation	$4.74M	2,255.93
41	🇮🇪 Ireland	$4.62M	758.02
42	🇨🇭 Switzerland	$4.07M	406.04
43	🇲🇲 Myanmar	$3.98M	3,160.46
44	🇬🇹 Guatemala	$3.87M	1,414.63
45	🇸🇰 Slovakia	$3.58M	921.78
46	🇨🇿 Czech Republic	$2.99M	715.84
47	🇿🇦 South Africa	$2.87M	753.00
48	🇸🇬 Singapore	$2.85M	542.15
49	🇿🇲 Zambia	$2.79M	951.16
50	🇸🇻 El Salvador	$2.10M	841.85
51	🇰🇬 Kyrgyzstan	$1.95M	451.50
52	🇳🇮 Nicaragua	$1.95M	656.62
53	🇭🇰 China, Hong Kong SAR	$1.93M	484.14
54	🇭🇷 Croatia	$1.91M	401.69
55	🇸🇮 Slovenia	$1.77M	293.55
56	🇴🇲 Oman	$1.75M	454.27
57	🇸🇪 Sweden	$1.44M	227.90
58	🇲🇾 Malaysia	$1.37M	261.76
59	🇯🇵 Japan	$1.16M	118.28
60	🇩🇴 Dominican Republic	$1.16M	428.97
61	🇧🇦 Bosnia Herzegovina	$1.08M	87.38
62	🇹🇿 Tanzania	$0.98M	465.90
63	🇱🇻 Latvia	$0.97M	256.66
64	🇰🇼 Kuwait	$0.86M	93.03
65	🇳🇴 Norway	$0.86M	175.08
66	🇮🇷 Iran	$0.86M	357.86
67	🇱🇧 Lebanon	$0.85M	111.91
68	🇮🇩 Indonesia	$0.77M	238.68
69	🇪🇹 Ethiopia	$0.73M	178.98
70	🇪🇪 Estonia	$0.73M	292.60
71	🇲🇰 North Macedonia	$0.64M	132.12
72	🇮🇱 Israel	$0.61M	170.94
73	🇰🇿 Kazakhstan	$0.52M	195.46
74	🇰🇪 Kenya	$0.50M	97.58
75	🇧🇾 Belarus	$0.46M	104.69
76	🇧🇩 Bangladesh	$0.38M	178.15
77	🇲🇬 Madagascar	$0.35M	80.65
78	🇱🇰 Sri Lanka	$0.31M	28.10
79	🇸🇱 Sierra Leone	$0.29M	96.19
80	🇵🇸 State of Palestine	$0.28M	69.73
81	🇯🇴 Jordan	$0.27M	44.21
82	🇸🇩 Sudan	$0.25M	56.45
83	🇬🇪 Georgia	$0.25M	65.61
84	🇲🇦 Morocco	$0.21M	32.90
85	🇱🇺 Luxembourg	$0.19M	26.71
86	🇱🇾 Libya	$0.18M	25.45
87	🇦🇲 Armenia	$0.14M	20.79
88	🇰🇷 Korea, Republic	$0.13M	21.99
89	🇫🇮 Finland	$0.12M	13.29
90	🇸🇾 Syria	$0.11M	38.27
91	🇸🇷 Suriname	$0.10M	37.96
92	🇺🇿 Uzbekistan	$0.08M	37.11
93	🇦🇬 Antigua and Barbuda	$0.07M	27.77
94	🇨🇾 Cyprus	$0.06M	12.99
95	🇧🇯 Benin	$0.06M	49.29
96	🇦🇱 Albania	$0.05M	7.10
97	🇧🇳 Brunei Darussalam	$0.05M	19.22
98	🇨🇴 Colombia	$0.05M	13.97
99	🇶🇦 Qatar	$0.05M	7.62
100	🇺🇬 Uganda	$0.04M	10.70
101	🇼🇸 Samoa	$0.03M	19.46
102	🇧🇫 Burkina Faso	$0.03M	4.24
103	🇯🇲 Jamaica	$0.03M	3.91
104	🇳🇵 Nepal	$0.03M	7.50
105	🇲🇱 Mali	$0.03M	75.58
106	🇹🇯 Tajikistan	$0.03M	7.33
107	🇵🇭 Philippines	$0.03M	4.27
108	🇲🇺 Mauritius	$0.03M	1.99
109	🇧🇼 Botswana	$0.02M	3.86
110	🇲🇿 Mozambique	$0.02M	12.26
111	🇸🇿 Eswatini	$0.02M	2.29
112	🇸🇳 Senegal	$0.02M	22.56
113	🇵🇪 Peru	$0.02M	2.80
114	🇮🇸 Iceland	$0.01M	13.57
115	🇪🇨 Ecuador	$0.01M	1.22
116	🇨🇲 Cameroon	$0.01M	7.01
117	🇧🇭 Bahrain	$0.01M	0.34
118	🇦🇿 Azerbaijan	$0.01M	0.30
119	🇲🇴 China, Macao SAR	$0.01M	0.81
120	🇭🇳 Honduras	$0.01M	4.15
121	🇳🇨 New Caledonia	<$0.01M	0.70
122	🇬🇭 Ghana	<$0.01M	0.55
123	🇦🇫 Afghanistan	<$0.01M	1.45
124	🇳🇬 Nigeria	<$0.01M	1.77
125	🇬🇾 Guyana	<$0.01M	1.66
126	🇲🇹 Malta	<$0.01M	0.59
127	🇬🇳 Guinea	<$0.01M	0.29
128	🇵🇳 Pitcairn	<$0.01M	0.09
129	🇨🇮 Cote d'Ivoire	<$0.01M	3.78
130	🇰🇭 Cambodia	<$0.01M	0.58
131	🇹🇹 Trinidad and Tobago	<$0.01M	0.07
132	🇨🇨 Cocos Islands	<$0.01M	0.10
133	🇱🇨 Saint Lucia	<$0.01M	0.17
134	🇷🇼 Rwanda	<$0.01M	0.28
135	🇬🇩 Grenada	<$0.01M	0.15
136	🇧🇮 Burundi	<$0.01M	0.13
137	🇲🇳 Mongolia	<$0.01M	0.11
138	🇦🇩 Andorra	<$0.01M	0.06
139	🇧🇹 Bhutan	<$0.01M	0.44
140	🇦🇼 Aruba	<$0.01M	0.05
141	🇹🇳 Tunisia	<$0.01M	0.20
142	🇵🇫 French Polynesia	<$0.01M	0.04
143	🇲🇪 Montenegro	<$0.01M	0.07
144	🇱🇸 Lesotho	<$0.01M	0.02
145	🇩🇿 Algeria	<$0.01M	0.01
146	🇧🇲 Bermuda	<$0.01M	0.04
147	🇩🇯 Djibouti	<$0.01M	0.07
148	🇸🇸 South Sudan	<$0.01M	0.44
149	🇵🇦 Panama	<$0.01M	0.01
150	🇬🇶 Equatorial Guinea	<$0.01M	0.05
151	🇨🇷 Costa Rica	<$0.01M	0.01
152	🇫🇯 Fiji	<$0.01M	0.01
153	🇹🇩 Chad	<$0.01M	0.04
154	🇹🇱 Timor-Leste	<$0.01M	0.05
155	🇵🇬 Papua New Guinea	<$0.01M	0.01
156	🇸🇴 Somalia	<$0.01M	0.02
157	🇱🇦 Lao PDR	<$0.01M	0.01
158	🇨🇬 Congo, Republic	<$0.01M	0.01
159	🇲🇼 Malawi	<$0.01M	0.03
160	🇨🇩 Congo, Democratic Republic	<$0.01M	0.00
161	🇮🇶 Iraq	<$0.01M	0.00
162	🇵🇾 Paraguay	<$0.01M	0.01
163	🇨🇫 Central African Republic	<$0.01M	0.08
164	🇬🇲 Gambia	<$0.01M	0.00
165	🇳🇦 Namibia	<$0.01M	0.00
166	🇹🇬 Togo	<$0.01M	0.00
167	🇲🇻 Maldives	<$0.01M	0.00

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.

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

Mapped: Europe’s GDP Per Capita, by Country

Which European economies are richest on a GDP per capita basis? This map shows the results for 44 countries across the continent.

Published

3 days ago

May 6, 2024

Pallavi Rao

A cropped map of GDP per capita levels for 44 European countries.

Mapped: Europe’s GDP Per Capita, by Country (2024)

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.

Europe is home to some of the largest and most sophisticated economies in the world. But how do countries in the region compare with each other on a per capita productivity basis?

In this map, we show Europe’s GDP per capita levels across 44 nations in current U.S. dollars. Data for this visualization and article is sourced from the International Monetary Fund (IMF) via their DataMapper tool, updated April 2024.

Europe’s Richest and Poorest Nations, By GDP Per Capita

Luxembourg, Ireland, and Switzerland, lead the list of Europe’s richest nations by GDP per capita, all above $100,000.

Rank	Country	GDP Per Capita (2024)
1	🇱🇺 Luxembourg	$131,380
2	🇮🇪 Ireland	$106,060
3	🇨🇭 Switzerland	$105,670
4	🇳🇴 Norway	$94,660
5	🇮🇸 Iceland	$84,590
6	🇩🇰 Denmark	$68,900
7	🇳🇱 Netherlands	$63,750
8	🇸🇲 San Marino	$59,410
9	🇦🇹 Austria	$59,230
10	🇸🇪 Sweden	$58,530
11	🇧🇪 Belgium	$55,540
12	🇫🇮 Finland	$55,130
13	🇩🇪 Germany	$54,290
14	🇬🇧 UK	$51,070
15	🇫🇷 France	$47,360
16	🇦🇩 Andorra	$44,900
17	🇲🇹 Malta	$41,740
18	🇮🇹 Italy	$39,580
19	🇨🇾 Cyprus	$37,150
20	🇪🇸 Spain	$34,050
21	🇸🇮 Slovenia	$34,030
22	🇪🇪 Estonia	$31,850
23	🇨🇿 Czech Republic	$29,800
24	🇵🇹 Portugal	$28,970
25	🇱🇹 Lithuania	$28,410
26	🇸🇰 Slovakia	$25,930
27	🇱🇻 Latvia	$24,190
28	🇬🇷 Greece	$23,970
29	🇭🇺 Hungary	$23,320
30	🇵🇱 Poland	$23,010
31	🇭🇷 Croatia	$22,970
32	🇷🇴 Romania	$19,530
33	🇧🇬 Bulgaria	$16,940
34	🇷🇺 Russia	$14,390
35	🇹🇷 Türkiye	$12,760
36	🇲🇪 Montenegro	$12,650
37	🇷🇸 Serbia	$12,380
38	🇦🇱 Albania	$8,920
39	🇧🇦 Bosnia & Herzegovina	$8,420
40	🇲🇰 North Macedonia	$7,690
41	🇧🇾 Belarus	$7,560
42	🇲🇩 Moldova	$7,490
43	🇽🇰 Kosovo	$6,390
44	🇺🇦 Ukraine	$5,660
N/A	🇪🇺 EU Average	$44,200

Note: Figures are rounded.

Three Nordic countries (Norway, Iceland, Denmark) also place highly, between $70,000-90,000. Other Nordic peers, Sweden and Finland rank just outside the top 10, between $55,000-60,000.

Meanwhile, Europe’s biggest economies in absolute terms, Germany, UK, and France, rank closer to the middle of the top 20, with GDP per capitas around $50,000.

Finally, at the end of the scale, Eastern Europe as a whole tends to have much lower per capita GDPs. In that group, Ukraine ranks last, at $5,660.

A Closer Look at Ukraine

For a broader comparison, Ukraine’s per capita GDP is similar to Iran ($5,310), El Salvador ($5,540), and Guatemala ($5,680).

According to experts, Ukraine’s economy has historically underperformed to expectations. After the fall of the Berlin Wall, the economy contracted for five straight years. Its transition to a Western, liberalized economic structure was overshadowed by widespread corruption, a limited taxpool, and few revenue sources.

Politically, its transformation from authoritarian regime to civil democracy has proved difficult, especially when it comes to institution building.

Finally, after the 2022 invasion of the country, Ukraine’s GDP contracted by 30% in a single year—the largest loss since independence. Large scale emigration—to the tune of six million refugees—is also playing a role.

Despite these challenges, the country’s economic growth has somewhat stabilized while fighting continues.