Metalworking Machines in Iceland | The Observatory of Economic Complexity

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Exports In 2022, Iceland exported $15.3k in Metalworking Machines, making it the 104th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 541st most exported product in Iceland. The main destination of Metalworking Machines exports from Iceland are: Israel ($11k) and Norway ($4.31k).

The fastest growing export markets for Metalworking Machines of Iceland between 2021 and 2022 were Israel ($11k) and Norway ($1.7k).

Imports In 2022, Iceland imported $951k in Metalworking Machines, becoming the 96th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 542nd most imported product in Iceland. Iceland imports Metalworking Machines primarily from: Germany ($265k), Poland ($157k), Norway ($133k), Netherlands ($67.4k), and Italy ($60.3k).

The fastest growing import markets in Metalworking Machines for Iceland between 2021 and 2022 were Germany ($143k), Poland ($133k), and Italy ($56.7k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Metalworking Machines from Iceland to the United States.

Feb 2024

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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 Metalworking Machines. Countries are shown based on data availability.

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

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EXPORTS (2022)$15.3k

IMPORTS (2022)$951k

NET TRADE (2022)-$936k

In 2022, Iceland exported $15.3k in Metalworking Machines. The main destinations of Iceland exports on Metalworking Machines were Israel ($11k) and Norway ($4.31k).

In 2022, Iceland imported $951k in Metalworking Machines, mainly from Germany ($265k), Poland ($157k), Norway ($133k), Netherlands ($67.4k), and Italy ($60.3k).