2022
Exports
$4.16MWorld Rnk 125 / 222
Flag Rnk 37 / 95
2022
PRODUCT COMPLEXITY IN Chemical products n.e.s.
1.97Rnk 6 / 1025
2022
Imports
$63.6MWorld Rnk 124 / 226
Flag Rnk 27 / 96

About

Exports In 2022, Iceland exported $4.16M in Chemical products n.e.s., making it the 125th largest exporter of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 37th most exported product in Iceland. The main destination of Chemical products n.e.s. exports from Iceland are: Israel ($1.24M), Netherlands ($745k), Sweden ($604k), United Kingdom ($320k), and Denmark ($316k).

The fastest growing export markets for Chemical products n.e.s. of Iceland between 2021 and 2022 were Israel ($730k), Netherlands ($587k), and Chinese Taipei ($111k).

Imports In 2022, Iceland imported $63.6M in Chemical products n.e.s., becoming the 124th largest importer of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 27th most imported product in Iceland. Iceland imports Chemical products n.e.s. primarily from: Norway ($12.2M), Germany ($10.4M), Netherlands ($6.99M), United Kingdom ($5.58M), and Austria ($5.46M).

The fastest growing import markets in Chemical products n.e.s. for Iceland between 2021 and 2022 were Norway ($2.41M), Belgium ($1.16M), and Poland ($414k).

Latest Trends

Jul 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 products n.e.s.. 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)$4.16M
IMPORTS (2022)$63.6M
NET TRADE (2022)-$59.4M

In 2022, Iceland exported $4.16M in Chemical products n.e.s.. The main destinations of Iceland exports on Chemical products n.e.s. were Israel ($1.24M), Netherlands ($745k), Sweden ($604k), United Kingdom ($320k), and Denmark ($316k).

In 2022, Iceland imported $63.6M in Chemical products n.e.s., mainly from Norway ($12.2M), Germany ($10.4M), Netherlands ($6.99M), United Kingdom ($5.58M), and Austria ($5.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical products n.e.s. EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Israel$730k (142%)
Netherlands$587k (373%)
Chinese Taipei$111k (1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical products n.e.s. BY Iceland WERE (2021 - 2022):
Canada-$422k (-80.2%)
Norway-$381k (-71.9%)
United States-$267k (-83.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Chemical products n.e.s. were:
In 2022, Iceland's main importing competitors in Chemical products n.e.s. were:

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Trade Value of Chemical products n.e.s. by Exporters

Potential Exports

Potential Exports

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

Chemical products n.e.s.’s highest export potential is N/A. With an export gap of N/A.   Chemical products n.e.s.’s highest import potential is N/A with an import gap of N/A.

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