2021
Exports
$1.17MWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Gold
-2.43Rnk 1016 / 1025
2021
Imports
$829kWorld Rnk 123 / 178
Flag Rnk 562 / 1186

About

Imports In 2022, Iceland imported $829k in Gold, becoming the 123rd largest importer of Gold in the world. At the same year, Gold was the 562nd most imported product in Iceland. Iceland imports Gold primarily from: Germany ($398k), Denmark ($154k), United Kingdom ($144k), Finland ($86.1k), and United States ($35.6k).

The fastest growing import markets in Gold for Iceland between 2021 and 2022 were United Kingdom ($39.2k), Switzerland ($2.33k), and United States ($2.21k).

Latest Trends

Sep 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 Gold. 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 (2021)$1.17M
IMPORTS (2022)$829k
NET TRADE (2022)-$829k

In 2022, Iceland imported $829k in Gold, mainly from Germany ($398k), Denmark ($154k), United Kingdom ($144k), Finland ($86.1k), and United States ($35.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Iceland WERE (N/A - 2021):
United Arab Emirates-$1.02M (-100%)
Germany-$138k (-100%)
Slovakia-$2.61k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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