2022
Exports | Imports
$935k | $28.9MWorld Rnk 111 / 224
Flag Rnk 137 / 935
World Rnk 117 / 224
Flag Rnk 51 / 1186
2022
PRODUCT COMPLEXITY IN Valves
1.44Rnk 55 / 1025

About

Exports In 2022, Iceland exported $935k in Valves, making it the 111th largest exporter of Valves in the world. At the same year, Valves was the 137th most exported product in Iceland. The main destination of Valves exports from Iceland are: Guatemala ($172k), United Kingdom ($146k), Sweden ($82.6k), Germany ($77.7k), and Norway ($70.7k).

The fastest growing export markets for Valves of Iceland between 2021 and 2022 were Guatemala ($172k), United Kingdom ($135k), and Sweden ($74.1k).

Imports In 2022, Iceland imported $28.9M in Valves, becoming the 117th largest importer of Valves in the world. At the same year, Valves was the 51st most imported product in Iceland. Iceland imports Valves primarily from: Germany ($6.81M), Denmark ($5.9M), Sweden ($2.69M), Italy ($2.07M), and China ($1.48M).

The fastest growing import markets in Valves for Iceland between 2021 and 2022 were China ($777k), Slovenia ($448k), and Bulgaria ($401k).

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

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
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 Valves. 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)$935k
IMPORTS (2022)$28.9M
NET TRADE (2022)-$28M

In 2022, Iceland exported $935k in Valves. The main destinations of Iceland exports on Valves were Guatemala ($172k), United Kingdom ($146k), Sweden ($82.6k), Germany ($77.7k), and Norway ($70.7k).

In 2022, Iceland imported $28.9M in Valves, mainly from Germany ($6.81M), Denmark ($5.9M), Sweden ($2.69M), Italy ($2.07M), and China ($1.48M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Guatemala$172k (1%)
United Kingdom$135k (1.21k%)
Sweden$74.1k (874%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Iceland WERE (2021 - 2022):
Netherlands-$34k (-42.4%)
Indonesia-$30.7k (-100%)
Kuwait-$24.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Valves were:
In 2022, Iceland's main importing competitors in Valves were:

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Trade Value of Valves by Exporters

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