The world trade of honey reached the value of US$ 738 million in 2005. The majority of the production of honey takes place in developing countries, while the developed countries are the largest consumers. The leading producer of honey, China, produced 298,000 tons in 2005. The second and third largest producers, Turkey and Argentina produced 82,000 and 80,000 tons, respectively. Other relatively large producers of honey in the developing world include Brazil, India, Tanzania, Ethiopia, Mexico, Kenya and Angola (New Agriculturalist). In terms of developed countries Canada, Germany and Spain are large producers. The largest consumers of honey in the world are in Europe. The EU consumption of honey was estimated to 305,000 tonnes in 2004 which is more than 20% of the world's annual honey production (EPOPA 2006).
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