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Exports In 2022, Iceland exported $515k in Footwear, making it the 142nd largest exporter of Footwear in the world. At the same year, Footwear was the 63rd most exported product in Iceland. The main destination of Footwear exports from Iceland are: Denmark ($96.7k), Israel ($81.1k), Sweden ($55.6k), United States ($44.2k), and Luxembourg ($36.6k).

The fastest growing export markets for Footwear of Iceland between 2021 and 2022 were Luxembourg ($36.1k), Senegal ($31.8k), and United States ($30.1k).

Imports In 2022, Iceland imported $49.4M in Footwear, becoming the 126th largest importer of Footwear in the world. At the same year, Footwear was the 30th most imported product in Iceland. Iceland imports Footwear primarily from: China ($8.49M), Vietnam ($5.96M), Germany ($4.33M), Denmark ($3.1M), and Indonesia ($2.71M).

The fastest growing import markets in Footwear for Iceland between 2021 and 2022 were China ($1.41M), India ($873k), and Vietnam ($510k).

Latest Trends

Jul 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 Footwear. 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)$515k
IMPORTS (2022)$49.4M
NET TRADE (2022)-$48.9M

In 2022, Iceland exported $515k in Footwear. The main destinations of Iceland exports on Footwear were Denmark ($96.7k), Israel ($81.1k), Sweden ($55.6k), United States ($44.2k), and Luxembourg ($36.6k).

In 2022, Iceland imported $49.4M in Footwear, mainly from China ($8.49M), Vietnam ($5.96M), Germany ($4.33M), Denmark ($3.1M), and Indonesia ($2.71M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Luxembourg$36.1k (7.29k%)
Senegal$31.8k (785%)
United States$30.1k (212%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear BY Iceland WERE (2021 - 2022):
Israel-$3.09M (-97.4%)
United Arab Emirates-$16.2k (-68.5%)
Denmark-$12.8k (-11.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Footwear were:
China $63.5B
Vietnam $27.2B
Italy $13.1B
In 2022, Iceland's main importing competitors in Footwear were:

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Trade Value of Footwear by Exporters

Potential Exports

Potential Exports

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

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