2023
Exports
$413World Rnk 87 / 99
Flag Rnk 817 / 943
2023
PRODUCT COMPLEXITY IN Iron Reductions
-1.12Rnk 860 / 1025
2023
Imports
$252kWorld Rnk 63 / 142
Flag Rnk 749 / 1178

About

Exports In 2023, Iceland exported $413 in Iron Reductions, making it the 87th largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 817th most exported product in Iceland. The main destination of Iron Reductions exports from Iceland are: Netherlands ($413).

The fastest growing export markets for Iron Reductions of Iceland between N/A and 2023 were Netherlands ($413).

Imports In 2023, Iceland imported $252k in Iron Reductions, becoming the 63rd largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 749th most imported product in Iceland. Iceland imports Iron Reductions primarily from: United States ($109k), Sweden ($56.6k), Spain ($27.1k), Germany ($20.5k), and China ($10.1k).

The fastest growing import markets in Iron Reductions for Iceland between 2022 and 2023 were United States ($103k), Spain ($7.83k), and Germany ($7.1k).

Latest Trends

Dec 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 Iron Reductions. 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 (2023)$413
IMPORTS (2023)$252k
NET TRADE (2023)-$251k

In 2023, Iceland exported $413 in Iron Reductions. The main destinations of Iceland exports on Iron Reductions were Netherlands ($413).

In 2023, Iceland imported $252k in Iron Reductions, mainly from United States ($109k), Sweden ($56.6k), Spain ($27.1k), Germany ($20.5k), and China ($10.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Reductions EXPORT MARKETS FOR Iceland WERE (N/A - 2023):Netherlands$413 (1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iceland's main exporting competitors in Iron Reductions were:
In 2023, Iceland's main importing competitors in Iron Reductions were:

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Trade Value of Iron Reductions by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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