2022
Exports
$1.11MWorld Rnk 99 / 214
Flag Rnk 122 / 935
2022
PRODUCT COMPLEXITY IN Chemical Analysis Instruments
1.69Rnk 26 / 1025
2022
Imports
$16.3MWorld Rnk 97 / 225
Flag Rnk 103 / 1186

About

Exports In 2022, Iceland exported $1.11M in Chemical Analysis Instruments, making it the 99th largest exporter of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 122nd most exported product in Iceland. The main destination of Chemical Analysis Instruments exports from Iceland are: Netherlands ($507k), Germany ($125k), Belgium ($112k), United States ($79.8k), and Denmark ($39.1k).

The fastest growing export markets for Chemical Analysis Instruments of Iceland between 2021 and 2022 were Germany ($78.2k), Belgium ($42.5k), and Chinese Taipei ($17.7k).

Imports In 2022, Iceland imported $16.3M in Chemical Analysis Instruments, becoming the 97th largest importer of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 103rd most imported product in Iceland. Iceland imports Chemical Analysis Instruments primarily from: Sweden ($3.78M), Germany ($3.32M), United States ($1.62M), Netherlands ($1.47M), and United Kingdom ($927k).

The fastest growing import markets in Chemical Analysis Instruments for Iceland between 2021 and 2022 were Sweden ($1.46M), Malaysia ($552k), and Norway ($358k).

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 Chemical Analysis 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)$1.11M
IMPORTS (2022)$16.3M
NET TRADE (2022)-$15.2M

In 2022, Iceland exported $1.11M in Chemical Analysis Instruments. The main destinations of Iceland exports on Chemical Analysis Instruments were Netherlands ($507k), Germany ($125k), Belgium ($112k), United States ($79.8k), and Denmark ($39.1k).

In 2022, Iceland imported $16.3M in Chemical Analysis Instruments, mainly from Sweden ($3.78M), Germany ($3.32M), United States ($1.62M), Netherlands ($1.47M), and United Kingdom ($927k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical Analysis Instruments EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Germany$78.2k (167%)
Belgium$42.5k (61.5%)
Chinese Taipei$17.7k (241%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Analysis Instruments BY Iceland WERE (2021 - 2022):
Netherlands-$220k (-30.3%)
United Kingdom-$125k (-90.6%)
Denmark-$66.6k (-63%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Chemical Analysis Instruments by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Chemical Analysis Instruments’s highest export potential is N/A. With an export gap of N/A.   Chemical Analysis Instruments’s highest import potential is N/A with an import gap of N/A.

See methodology.

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