2022
Exports
$74.1kWorld Rnk 87 / 144
Flag Rnk 375 / 935
2022
PRODUCT COMPLEXITY IN Other Stainless Steel Bars
1.42Rnk 67 / 1025
2022
Imports
$4.24MWorld Rnk 72 / 219
Flag Rnk 285 / 1186

About

Exports In 2022, Iceland exported $74.1k in Other Stainless Steel Bars, making it the 87th largest exporter of Other Stainless Steel Bars in the world. At the same year, Other Stainless Steel Bars was the 375th most exported product in Iceland. The main destination of Other Stainless Steel Bars exports from Iceland are: Denmark ($26.3k), Norway ($21.4k), United Kingdom ($16k), United Arab Emirates ($9.71k), and United States ($675).

The fastest growing export markets for Other Stainless Steel Bars of Iceland between 2021 and 2022 were Denmark ($23.3k), Norway ($17.1k), and United Arab Emirates ($9.71k).

Imports In 2022, Iceland imported $4.24M in Other Stainless Steel Bars, becoming the 72nd largest importer of Other Stainless Steel Bars in the world. At the same year, Other Stainless Steel Bars was the 285th most imported product in Iceland. Iceland imports Other Stainless Steel Bars primarily from: Denmark ($1.45M), Italy ($809k), Spain ($582k), Netherlands ($281k), and China ($205k).

The fastest growing import markets in Other Stainless Steel Bars for Iceland between 2021 and 2022 were Italy ($284k), Spain ($232k), and Netherlands ($150k).

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 Other Stainless Steel Bars. 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)$74.1k
IMPORTS (2022)$4.24M
NET TRADE (2022)-$4.16M

In 2022, Iceland exported $74.1k in Other Stainless Steel Bars. The main destinations of Iceland exports on Other Stainless Steel Bars were Denmark ($26.3k), Norway ($21.4k), United Kingdom ($16k), United Arab Emirates ($9.71k), and United States ($675).

In 2022, Iceland imported $4.24M in Other Stainless Steel Bars, mainly from Denmark ($1.45M), Italy ($809k), Spain ($582k), Netherlands ($281k), and China ($205k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Stainless Steel Bars EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Denmark$23.3k (771%)
Norway$17.1k (405%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Stainless Steel Bars BY Iceland WERE (2021 - 2022):
Greenland-$57.3k (-100%)
Ireland-$11k (-100%)
Sweden-$1.24k (-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 Stainless Steel Bars were:
Italy $1.61B
India $1.23B
Germany $1.02B
In 2022, Iceland's main importing competitors in Other Stainless Steel Bars were:

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Trade Value of Other Stainless Steel Bars by Exporters

Potential Exports

Potential Exports

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

Other Stainless Steel Bars’s highest export potential is N/A. With an export gap of N/A.   Other Stainless Steel Bars’s highest import potential is N/A with an import gap of N/A.

See methodology.

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