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2022
Exports $8.11kWorld Rnk 93 / 109
Flag Rnk 596 / 935
2022
Destination $8.11k United States
2022
PRODUCT COMPLEXITY IN Nitrites and Nitrates-0.15Rnk 597 / 1025
2022
Imports $164kWorld Rnk 124 / 183
Flag Rnk 817 / 1186
2022
Origin $64.2k Norway

About

Exports In 2022, Iceland exported $8.11k in Nitrites and Nitrates, making it the 93rd largest exporter of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 596th most exported product in Iceland. The main destination of Nitrites and Nitrates exports from Iceland are: United States ($8.11k).

The fastest growing export markets for Nitrites and Nitrates of Iceland between N/A and 2022 were United States ($8.11k).

Imports In 2022, Iceland imported $164k in Nitrites and Nitrates, becoming the 124th largest importer of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 817th most imported product in Iceland. Iceland imports Nitrites and Nitrates primarily from: Norway ($64.2k), Chile ($34.3k), Latvia ($24.9k), Netherlands ($19.5k), and Belgium ($13.3k).

The fastest growing import markets in Nitrites and Nitrates for Iceland between 2021 and 2022 were Norway ($64.2k), Chile ($34.3k), and Latvia ($24.9k).

Latest Trends

Aug 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 Nitrites and Nitrates. 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)$8.11k
IMPORTS (2022)$164k
NET TRADE (2022)-$156k

In 2022, Iceland exported $8.11k in Nitrites and Nitrates. The main destinations of Iceland exports on Nitrites and Nitrates were United States ($8.11k).

In 2022, Iceland imported $164k in Nitrites and Nitrates, mainly from Norway ($64.2k), Chile ($34.3k), Latvia ($24.9k), Netherlands ($19.5k), and Belgium ($13.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrites and Nitrates EXPORT MARKETS FOR Iceland WERE (N/A - 2022):United States$8.11k (1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Nitrites and Nitrates were:
Chile $587M
China $269M
Israel $187M
In 2022, Iceland's main importing competitors in Nitrites and Nitrates were:
Netherlands $269M
Spain $201M
United States $160M

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Trade Value of Nitrites and Nitrates by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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