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Exports In 2022, Iceland exported $352M in Ferroalloys, making it the 30th largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 5th most exported product in Iceland. The main destination of Ferroalloys exports from Iceland are: Netherlands ($104M), Germany ($88.7M), Japan ($86.5M), United States ($36.5M), and Finland ($10.3M).

The fastest growing export markets for Ferroalloys of Iceland between 2021 and 2022 were Japan ($53.5M), Germany ($41.5M), and Netherlands ($36.8M).

Imports In 2022, Iceland imported $201k in Ferroalloys, becoming the 146th largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 790th most imported product in Iceland. Iceland imports Ferroalloys primarily from: Canada ($56.5k), China ($43.9k), Netherlands ($33.2k), India ($26.2k), and Sweden ($12k).

The fastest growing import markets in Ferroalloys for Iceland between 2021 and 2022 were China ($13.6k), Vietnam ($7.72k), and United States ($4.71k).

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 Ferroalloys. 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

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EXPORTS (2022)$352M
IMPORTS (2022)$201k
NET TRADE (2022)$351M

In 2022, Iceland exported $352M in Ferroalloys. The main destinations of Iceland exports on Ferroalloys were Netherlands ($104M), Germany ($88.7M), Japan ($86.5M), United States ($36.5M), and Finland ($10.3M).

In 2022, Iceland imported $201k in Ferroalloys, mainly from Canada ($56.5k), China ($43.9k), Netherlands ($33.2k), India ($26.2k), and Sweden ($12k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Japan$53.5M (162%)
Germany$41.5M (88%)
Netherlands$36.8M (54.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Iceland WERE (2021 - 2022):
India-$7.45M (-100%)
Chinese Taipei-$1.79M (-34.6%)
Russia-$742k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Ferroalloys were:
In 2022, Iceland's main importing competitors in Ferroalloys were:

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Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

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

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