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Exports In 2022, Iceland exported $111k in Cranes, making it the 132nd largest exporter of Cranes in the world. At the same year, Cranes was the 328th most exported product in Iceland. The main destination of Cranes exports from Iceland are: Germany ($70.9k), Netherlands ($22.3k), United Kingdom ($17.4k), and Norway ($750).

The fastest growing export markets for Cranes of Iceland between 2021 and 2022 were United Kingdom ($17.4k) and Norway ($750).

Imports In 2022, Iceland imported $23.9M in Cranes, becoming the 81st largest importer of Cranes in the world. At the same year, Cranes was the 73rd most imported product in Iceland. Iceland imports Cranes primarily from: Germany ($12.1M), Netherlands ($3.63M), Poland ($2.13M), Italy ($2.04M), and France ($1.66M).

The fastest growing import markets in Cranes for Iceland between 2021 and 2022 were Germany ($5.64M), France ($1.35M), and Netherlands ($1.21M).

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 Cranes. 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)$111k
IMPORTS (2022)$23.9M
NET TRADE (2022)-$23.8M

In 2022, Iceland exported $111k in Cranes. The main destinations of Iceland exports on Cranes were Germany ($70.9k), Netherlands ($22.3k), United Kingdom ($17.4k), and Norway ($750).

In 2022, Iceland imported $23.9M in Cranes, mainly from Germany ($12.1M), Netherlands ($3.63M), Poland ($2.13M), Italy ($2.04M), and France ($1.66M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cranes EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
United Kingdom$17.4k (1%)
Norway$750 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cranes BY Iceland WERE (2021 - 2022):
Greenland-$377k (-100%)
Netherlands-$336k (-93.8%)
Latvia-$219k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Cranes were:
China $4.1B
Germany $1.93B
Italy $1.28B
In 2022, Iceland's main importing competitors in Cranes were:

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Trade Value of Cranes by Exporters

Potential Exports

Potential Exports

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

See methodology.

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