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Exports In 2022, Iceland exported $279k in Other Hand Tools, making it the 103rd largest exporter of Other Hand Tools in the world. At the same year, Other Hand Tools was the 237th most exported product in Iceland. The main destination of Other Hand Tools exports from Iceland are: United States ($41.1k), Switzerland ($36.2k), Netherlands ($34.3k), France ($33.6k), and Denmark ($26.9k).

The fastest growing export markets for Other Hand Tools of Iceland between 2021 and 2022 were Switzerland ($34.2k), France ($32.2k), and Netherlands ($18.5k).

Imports In 2018, Iceland imported $6.43M in Other Hand Tools, becoming the 109th largest importer of Other Hand Tools in the world. At the same year, Other Hand Tools was the 217th most imported product in Iceland. Iceland imports Other Hand Tools primarily from: Germany ($1.1M), Denmark ($988k), Netherlands ($860k), China ($849k), and Sweden ($542k).

The fastest growing import markets in Other Hand Tools for Iceland between 2021 and 2022 were Netherlands ($181k), United States ($148k), and Sweden ($105k).

Latest Trends

Nov 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 Other Hand Tools. 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)$279k
IMPORTS (2022)$6.43M
NET TRADE (2022)-$6.15M

In 2022, Iceland exported $279k in Other Hand Tools. The main destinations of Iceland exports on Other Hand Tools were United States ($41.1k), Switzerland ($36.2k), Netherlands ($34.3k), France ($33.6k), and Denmark ($26.9k).

In 2022, Iceland imported $6.43M in Other Hand Tools, mainly from Germany ($1.1M), Denmark ($988k), Netherlands ($860k), China ($849k), and Sweden ($542k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Hand Tools EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Switzerland$34.2k (1.71k%)
France$32.2k (2.27k%)
Netherlands$18.5k (117%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Hand Tools BY Iceland WERE (2021 - 2022):
Norway-$52.6k (-74.7%)
Finland-$5.27k (-84.8%)
Armenia-$2.91k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Other Hand Tools were:
In 2022, Iceland's main importing competitors in Other Hand Tools were:

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Trade Value of Other Hand Tools by Exporters

Potential Exports

Potential Exports

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

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