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Exports In 2022, Iceland exported $58.1k in Leather Apparel, making it the 117th largest exporter of Leather Apparel in the world. At the same year, Leather Apparel was the 400th most exported product in Iceland. The main destination of Leather Apparel exports from Iceland are: Senegal ($12.2k), United States ($7.93k), Denmark ($6.57k), Sweden ($6.03k), and Netherlands ($5.13k).

The fastest growing export markets for Leather Apparel of Iceland between 2021 and 2022 were Senegal ($12.2k), United States ($5.39k), and Netherlands ($4.33k).

Imports In 2022, Iceland imported $2.82M in Leather Apparel, becoming the 85th largest importer of Leather Apparel in the world. At the same year, Leather Apparel was the 360th most imported product in Iceland. Iceland imports Leather Apparel primarily from: Denmark ($324k), China ($316k), India ($306k), United Kingdom ($257k), and Sweden ($227k).

The fastest growing import markets in Leather Apparel for Iceland between 2021 and 2022 were Vietnam ($35.8k), Romania ($35k), and United Kingdom ($20.9k).

Latest Trends

Jul 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 Leather Apparel. 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)$58.1k
IMPORTS (2022)$2.82M
NET TRADE (2022)-$2.76M

In 2022, Iceland exported $58.1k in Leather Apparel. The main destinations of Iceland exports on Leather Apparel were Senegal ($12.2k), United States ($7.93k), Denmark ($6.57k), Sweden ($6.03k), and Netherlands ($5.13k).

In 2022, Iceland imported $2.82M in Leather Apparel, mainly from Denmark ($324k), China ($316k), India ($306k), United Kingdom ($257k), and Sweden ($227k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather Apparel EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Senegal$12.2k (1%)
United States$5.39k (213%)
Netherlands$4.33k (542%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Apparel BY Iceland WERE (2021 - 2022):
Germany-$9.49k (-99.6%)
Gabon-$8.31k (-100%)
United Kingdom-$4.6k (-77.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Leather Apparel were:
Italy $1.33B
China $1.3B
India $849M
In 2022, Iceland's main importing competitors in Leather Apparel were:

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Trade Value of Leather Apparel by Exporters

Potential Exports

Potential Exports

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

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