2022
Exports
$16.6MWorld Rnk 53 / 184
Flag Rnk 30 / 935
2022
PRODUCT COMPLEXITY IN Lifting Machinery
1.12Rnk 128 / 1025
2022
Imports
$31.2MWorld Rnk 87 / 219
Flag Rnk 47 / 1186

About

Exports In 2022, Iceland exported $16.6M in Lifting Machinery, making it the 53rd largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 30th most exported product in Iceland. The main destination of Lifting Machinery exports from Iceland are: United Kingdom ($3.85M), Netherlands ($3.79M), Norway ($2.91M), United States ($2.47M), and Canada ($1.53M).

Imports In 2022, Iceland imported $31.2M in Lifting Machinery, becoming the 87th largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 47th most imported product in Iceland. Iceland imports Lifting Machinery primarily from: Netherlands ($7.15M), Austria ($4.78M), Germany ($3.27M), Italy ($2.85M), and France ($2.8M).

The fastest growing import markets in Lifting Machinery for Iceland between 2021 and 2022 were Austria ($4.74M), Netherlands ($3.06M), and France ($2.58M).

Latest Trends

Sep 2024

Subnational Monthly Trade

View
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 Lifting Machinery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$16.6M
IMPORTS (2022)$31.2M
NET TRADE (2022)-$14.6M

In 2022, Iceland exported $16.6M in Lifting Machinery. The main destinations of Iceland exports on Lifting Machinery were United Kingdom ($3.85M), Netherlands ($3.79M), Norway ($2.91M), United States ($2.47M), and Canada ($1.53M).

In 2022, Iceland imported $31.2M in Lifting Machinery, mainly from Netherlands ($7.15M), Austria ($4.78M), Germany ($3.27M), Italy ($2.85M), and France ($2.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Iceland's main exporting competitors in Lifting Machinery were:
China $6.88B
Germany $5.16B
Italy $2.48B
In 2022, Iceland's main importing competitors in Lifting Machinery were:

Explore Visualizations

Trade Value of Lifting Machinery by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with