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Exports In 2022, Iceland exported $32.3k in Electric Furnaces, making it the 113th largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 462nd most exported product in Iceland. The main destination of Electric Furnaces exports from Iceland are: Cote d'Ivoire ($31k), United Kingdom ($827), Poland ($251), and Spain ($215).

The fastest growing export markets for Electric Furnaces of Iceland between 2021 and 2022 were Cote d'Ivoire ($31k), United Kingdom ($827), and Poland ($251).

Imports In 2022, Iceland imported $3.29M in Electric Furnaces, becoming the 93rd largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 333rd most imported product in Iceland. Iceland imports Electric Furnaces primarily from: Sweden ($1.72M), Norway ($568k), France ($297k), Germany ($142k), and Czechia ($118k).

The fastest growing import markets in Electric Furnaces for Iceland between 2021 and 2022 were Norway ($554k), Sweden ($507k), and France ($294k).

Latest Trends

Oct 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 Electric Furnaces. 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)$32.3k
IMPORTS (2022)$3.29M
NET TRADE (2022)-$3.26M

In 2022, Iceland exported $32.3k in Electric Furnaces. The main destinations of Iceland exports on Electric Furnaces were Cote d'Ivoire ($31k), United Kingdom ($827), Poland ($251), and Spain ($215).

In 2022, Iceland imported $3.29M in Electric Furnaces, mainly from Sweden ($1.72M), Norway ($568k), France ($297k), Germany ($142k), and Czechia ($118k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Cote d'Ivoire$31k (1%)
Poland$251 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Iceland WERE (2021 - 2022):Netherlands-$1.05k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Electric Furnaces were:
China $1.22B
Italy $722M
In 2022, Iceland's main importing competitors in Electric Furnaces were:

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Trade Value of Electric Furnaces by Exporters

Potential Exports

Potential Exports

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

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