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Exports In 2022, Iceland exported $83M in Aluminium Foil, making it the 32nd largest exporter of Aluminium Foil in the world. At the same year, Aluminium Foil was the 14th most exported product in Iceland. The main destination of Aluminium Foil exports from Iceland are: Hungary ($43.2M), China ($15M), Italy ($9.33M), Singapore ($4.14M), and Brazil ($4.1M).

The fastest growing export markets for Aluminium Foil of Iceland between 2021 and 2022 were Singapore ($3.89M), Netherlands ($2.09M), and Hungary ($863k).

Imports In 2022, Iceland imported $43.2M in Aluminium Foil, becoming the 58th largest importer of Aluminium Foil in the world. At the same year, Aluminium Foil was the 33rd most imported product in Iceland. Iceland imports Aluminium Foil primarily from: Italy ($25.4M), China ($9.04M), Hong Kong ($5.71M), Germany ($1.18M), and Japan ($788k).

The fastest growing import markets in Aluminium Foil for Iceland between 2021 and 2022 were Hong Kong ($1.58M), China ($1.26M), and Japan ($780k).

Latest Trends

Oct 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 Aluminium Foil. 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

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EXPORTS (2022)$83M
IMPORTS (2022)$43.2M
NET TRADE (2022)$39.7M

In 2022, Iceland exported $83M in Aluminium Foil. The main destinations of Iceland exports on Aluminium Foil were Hungary ($43.2M), China ($15M), Italy ($9.33M), Singapore ($4.14M), and Brazil ($4.1M).

In 2022, Iceland imported $43.2M in Aluminium Foil, mainly from Italy ($25.4M), China ($9.04M), Hong Kong ($5.71M), Germany ($1.18M), and Japan ($788k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Foil EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Singapore$3.89M (1.59k%)
Netherlands$2.09M (496%)
Hungary$863k (2.04%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Foil BY Iceland WERE (2021 - 2022):
China-$3.37M (-18.3%)
Italy-$1.72M (-15.6%)
Indonesia-$860k (-32.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Iceland's main exporting competitors in Aluminium Foil were:
China $6.56B
Italy $958M
In 2022, Iceland's main importing competitors in Aluminium Foil were:

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Trade Value of Aluminium Foil by Exporters

Potential Exports

Potential Exports

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

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