2022
Exports
$31World Rnk 141 / 149
Flag Rnk 906 / 935
falsefalse Netherlands
2022
PRODUCT COMPLEXITY IN Crude Petroleum
-2.25Rnk 1011 / 1025
2022
Imports
$1.86kWorld Rnk 136 / 158
Flag Rnk 1136 / 1186

About

Exports In 2022, Iceland exported $31 in Crude Petroleum, making it the 141st largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 906th most exported product in Iceland. The main destination of Crude Petroleum exports from Iceland are: Netherlands ($31).

Imports In 2022, Iceland imported $1.86k in Crude Petroleum, becoming the 136th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1136th most imported product in Iceland. Iceland imports Crude Petroleum primarily from: Denmark ($1.25k), Sweden ($403), Germany ($108), Japan ($78), and Belgium ($17).

The fastest growing import markets in Crude Petroleum for Iceland between 2021 and 2022 were Denmark ($1.25k), Sweden ($241), and Japan ($78).

Latest Trends

Apr 2024

Subnational Monthly Trade

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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 Crude Petroleum. 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)$31
IMPORTS (2022)$1.86k
NET TRADE (2022)-$1.83k

In 2022, Iceland exported $31 in Crude Petroleum. The main destinations of Iceland exports on Crude Petroleum were Netherlands ($31).

In 2022, Iceland imported $1.86k in Crude Petroleum, mainly from Denmark ($1.25k), Sweden ($403), Germany ($108), Japan ($78), and Belgium ($17).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Iceland WERE (2021 - 2022):Netherlands-$1 (-3.13%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Iceland's main exporting competitors in Crude Petroleum were:
In 2022, Iceland's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

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