2022
Exports | Imports
$388k | $768kWorld Rnk 56 / 166
Flag Rnk 207 / 935
World Rnk 96 / 214
Flag Rnk 578 / 1186
2022
PRODUCT COMPLEXITY IN Soldering and Welding Machinery
1.33Rnk 78 / 1025

About

Exports In 2022, Iceland exported $388k in Soldering and Welding Machinery, making it the 56th largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 207th most exported product in Iceland. The main destination of Soldering and Welding Machinery exports from Iceland are: Norway ($173k), United Kingdom ($142k), New Zealand ($13.9k), Netherlands ($11.6k), and Denmark ($10.9k).

The fastest growing export markets for Soldering and Welding Machinery of Iceland between 2021 and 2022 were Norway ($167k), United Kingdom ($139k), and New Zealand ($13.9k).

Imports In 2022, Iceland imported $768k in Soldering and Welding Machinery, becoming the 96th largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 578th most imported product in Iceland. Iceland imports Soldering and Welding Machinery primarily from: Denmark ($277k), Germany ($66.8k), Austria ($63.2k), Sweden ($53.9k), and Norway ($51.9k).

The fastest growing import markets in Soldering and Welding Machinery for Iceland between 2021 and 2022 were Denmark ($229k), Norway ($35k), and Poland ($29.6k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Soldering and Welding Machinery from Iceland to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Soldering and Welding Machinery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$388k
IMPORTS (2022)$768k
NET TRADE (2022)-$381k

In 2022, Iceland exported $388k in Soldering and Welding Machinery. The main destinations of Iceland exports on Soldering and Welding Machinery were Norway ($173k), United Kingdom ($142k), New Zealand ($13.9k), Netherlands ($11.6k), and Denmark ($10.9k).

In 2022, Iceland imported $768k in Soldering and Welding Machinery, mainly from Denmark ($277k), Germany ($66.8k), Austria ($63.2k), Sweden ($53.9k), and Norway ($51.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Norway$167k (3.06k%)
United Kingdom$139k (4.31k%)
New Zealand$13.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Iceland WERE (2021 - 2022):
Lithuania-$3.06k (-47.4%)
France-$3.02k (-100%)
Oman-$2.02k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Soldering and Welding Machinery were:
In 2022, Iceland's main importing competitors in Soldering and Welding Machinery were:

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Trade Value of Soldering and Welding Machinery by Exporters

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