2023
Exports
$336kWorld Rnk 111 / 208
Flag Rnk 242 / 943
2023
PRODUCT COMPLEXITY IN Air Conditioners
0.51Rnk 371 / 1025
2023
Imports
$13.4MWorld Rnk 133 / 224
Flag Rnk 122 / 1178

About

Exports In 2023, Iceland exported $336k in Air Conditioners, making it the 111th largest exporter of Air Conditioners in the world. At the same year, Air Conditioners was the 242nd most exported product in Iceland. The main destination of Air Conditioners exports from Iceland are: Czechia ($119k), Netherlands ($65.1k), United Kingdom ($56.3k), United States ($37.3k), and Italy ($20.5k).

The fastest growing export markets for Air Conditioners of Iceland between 2022 and 2023 were Czechia ($119k), Netherlands ($58.5k), and Italy ($20.5k).

Imports In 2023, Iceland imported $13.4M in Air Conditioners, becoming the 133rd largest importer of Air Conditioners in the world. At the same year, Air Conditioners was the 122nd most imported product in Iceland. Iceland imports Air Conditioners primarily from: Sweden ($3.61M), Denmark ($2.64M), Lithuania ($1.81M), Turkey ($930k), and Germany ($786k).

The fastest growing import markets in Air Conditioners for Iceland between 2022 and 2023 were Denmark ($2.1M), Sweden ($1.08M), and Lithuania ($732k).

Latest Trends

Jan 2025

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 Air Conditioners. 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 (2023)$336k
IMPORTS (2023)$13.4M
NET TRADE (2023)-$13.1M

In 2023, Iceland exported $336k in Air Conditioners. The main destinations of Iceland exports on Air Conditioners were Czechia ($119k), Netherlands ($65.1k), United Kingdom ($56.3k), United States ($37.3k), and Italy ($20.5k).

In 2023, Iceland imported $13.4M in Air Conditioners, mainly from Sweden ($3.61M), Denmark ($2.64M), Lithuania ($1.81M), Turkey ($930k), and Germany ($786k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Air Conditioners EXPORT MARKETS FOR Iceland WERE (2022 - 2023):
Czechia$119k (1%)
Netherlands$58.5k (884%)
Italy$20.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Conditioners BY Iceland WERE (2022 - 2023):
Benin-$354k (-100%)
Estonia-$53.2k (-100%)
United States-$43k (-53.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iceland's main exporting competitors in Air Conditioners were:
China $22.3B
Mexico $7.33B
In 2023, Iceland's main importing competitors in Air Conditioners were:

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Trade Value of Air Conditioners by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Air Conditioners’s highest export potential is N/A. With an export gap of N/A.   Air Conditioners’s highest import potential is N/A with an import gap of N/A.

See methodology.

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