2022
Exports
$290kWorld Rnk 92 / 201
Flag Rnk 233 / 935
2022
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.96Rnk 7 / 1025
2022
Imports
$2.52MWorld Rnk 122 / 220
Flag Rnk 380 / 1186

About

Exports In 2022, Iceland exported $290k in Electric Soldering Equipment, making it the 92nd largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 233rd most exported product in Iceland. The main destination of Electric Soldering Equipment exports from Iceland are: United Kingdom ($131k), Norway ($102k), Denmark ($19.2k), Germany ($15.9k), and United States ($8.54k).

The fastest growing export markets for Electric Soldering Equipment of Iceland between 2021 and 2022 were United Kingdom ($131k), Norway ($102k), and Denmark ($15.1k).

Imports In 2022, Iceland imported $2.52M in Electric Soldering Equipment, becoming the 122nd largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 380th most imported product in Iceland. Iceland imports Electric Soldering Equipment primarily from: Germany ($419k), Finland ($301k), Austria ($277k), China ($234k), and United States ($180k).

The fastest growing import markets in Electric Soldering Equipment for Iceland between 2021 and 2022 were Germany ($129k), United States ($117k), and Poland ($88.7k).

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 Electric Soldering Equipment. 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)$290k
IMPORTS (2022)$2.52M
NET TRADE (2022)-$2.23M

In 2022, Iceland exported $290k in Electric Soldering Equipment. The main destinations of Iceland exports on Electric Soldering Equipment were United Kingdom ($131k), Norway ($102k), Denmark ($19.2k), Germany ($15.9k), and United States ($8.54k).

In 2022, Iceland imported $2.52M in Electric Soldering Equipment, mainly from Germany ($419k), Finland ($301k), Austria ($277k), China ($234k), and United States ($180k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
United Kingdom$131k (1%)
Norway$102k (1%)
Denmark$15.1k (370%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Iceland WERE (2021 - 2022):
France-$43.7k (-95.4%)
Austria-$23.9k (-98.1%)
Germany-$3.3k (-17.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Electric Soldering Equipment were:
In 2022, Iceland's main importing competitors in Electric Soldering Equipment were:

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Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

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

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

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