Excavation Machinery in Iceland 2021 Exports | Imports : $2.72M | $21.3M, World Rnk 104 / 220 Rnk 84 / 899 | World Rnk 119 / 225 Rnk 70 / 1178
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $337k | $1.83M, Switzerland | Spain
2021 PRODUCT COMPLEXITY IN Excavation Machinery: 1.02, Rnk 161 / 1024
Exports In 2021, Iceland exported $2.72M in Excavation Machinery, making it the 104th largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 84th most exported product in Iceland. The main destination of Excavation Machinery exports from Iceland are: Denmark ($1.01M), Switzerland ($339k), Netherlands ($254k), United States ($238k), and Norway ($180k).
The fastest growing export markets for Excavation Machinery of Iceland between 2020 and 2021 were Switzerland ($337k), United States ($111k), and Poland ($106k).
Imports In 2021, Iceland imported $21.3M in Excavation Machinery, becoming the 119th largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 70th most imported product in Iceland. Iceland imports Excavation Machinery primarily from: Germany ($4.08M), Sweden ($2.94M), Denmark ($2.68M), Spain ($1.99M), and Netherlands ($1.91M).
The fastest growing import markets in Excavation Machinery for Iceland between 2020 and 2021 were Spain ($1.83M), Germany ($1.11M), and Denmark ($713k).
Jun 2023
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 Excavation Machinery. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2021): $2.72M
IMPORTS (2021): $21.3M
NET TRADE (2021): -$18.5M
In 2021, Iceland exported $2.72M in Excavation Machinery. The main destinations of Iceland exports on Excavation Machinery were Denmark ($1.01M), Switzerland ($339k), Netherlands ($254k), United States ($238k), and Norway ($180k).
In 2021, Iceland imported $21.3M in Excavation Machinery, mainly from Germany ($4.08M), Sweden ($2.94M), Denmark ($2.68M), Spain ($1.99M), and Netherlands ($1.91M).
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR Iceland WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY Iceland WERE (2020 - 2021):
In 2021, Iceland's main exporting competitors in Excavation Machinery were:
In 2021, Iceland's main importing competitors in Excavation Machinery were:
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v5.1.17 quail