2022
Exports | Imports
$3.03M | $7.97MWorld Rnk 76 / 221
Flag Rnk 77 / 935
World Rnk 103 / 226
Flag Rnk 188 / 1186
2022
PRODUCT COMPLEXITY IN Other Measuring Instruments
1.46Rnk 47 / 1025

About

Exports In 2022, Iceland exported $3.03M in Other Measuring Instruments, making it the 76th largest exporter of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 77th most exported product in Iceland. The main destination of Other Measuring Instruments exports from Iceland are: Spain ($1.38M), Singapore ($259k), Canada ($234k), China ($189k), and United States ($154k).

The fastest growing export markets for Other Measuring Instruments of Iceland between 2021 and 2022 were Spain ($1.37M), Singapore ($259k), and Canada ($197k).

Imports In 2022, Iceland imported $7.97M in Other Measuring Instruments, becoming the 103rd largest importer of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 188th most imported product in Iceland. Iceland imports Other Measuring Instruments primarily from: Germany ($1.37M), Denmark ($1.16M), United States ($646k), Norway ($643k), and United Kingdom ($574k).

The fastest growing import markets in Other Measuring Instruments for Iceland between 2021 and 2022 were Denmark ($700k), Italy ($405k), and Norway ($307k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Other Measuring Instruments 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 Other Measuring Instruments. 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)$3.03M
IMPORTS (2022)$7.97M
NET TRADE (2022)-$4.94M

In 2022, Iceland exported $3.03M in Other Measuring Instruments. The main destinations of Iceland exports on Other Measuring Instruments were Spain ($1.38M), Singapore ($259k), Canada ($234k), China ($189k), and United States ($154k).

In 2022, Iceland imported $7.97M in Other Measuring Instruments, mainly from Germany ($1.37M), Denmark ($1.16M), United States ($646k), Norway ($643k), and United Kingdom ($574k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Measuring Instruments EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Spain$1.37M (13.5k%)
Singapore$259k (1%)
Canada$197k (544%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Measuring Instruments BY Iceland WERE (2021 - 2022):
Malaysia-$946k (-100%)
United States-$891k (-85.3%)
Israel-$101k (-94.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Other Measuring Instruments were:
In 2022, Iceland's main importing competitors in Other Measuring Instruments were:

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Trade Value of Other Measuring Instruments by Exporters

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