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2022
Exports $1.53MWorld Rnk 104 / 177
Flag Rnk 106 / 935
2022
Destination $128k Germany
2021 - 2022
FASTEST GROWING MARKET $128kUnited Kingdom
2022
PRODUCT COMPLEXITY IN Precious Metal Scraps-0.68Rnk 752 / 1025
2022
Imports $10World Rnk 117 / 118
Flag Rnk 1184 / 1186
2022
Origin $10 Thailand
2021 - 2022
FASTEST GROWING ORIGIN $10Thailand

About

Exports In 2022, Iceland exported $1.53M in Precious Metal Scraps, making it the 104th largest exporter of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 106th most exported product in Iceland. The main destination of Precious Metal Scraps exports from Iceland are: Germany ($1.33M), United Kingdom ($191k), Denmark ($2.19k), and Netherlands ($1.48k).

The fastest growing export markets for Precious Metal Scraps of Iceland between 2021 and 2022 were United Kingdom ($128k) and Netherlands ($1.48k).

Imports In 2022, Iceland imported $10 in Precious Metal Scraps, becoming the 117th largest importer of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 1184th most imported product in Iceland. Iceland imports Precious Metal Scraps primarily from: Thailand ($10).

The fastest growing import markets in Precious Metal Scraps for Iceland between 2021 and 2022 were Thailand ($10).

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 Precious Metal Scraps. 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)$1.53M
IMPORTS (2022)$10
NET TRADE (2022)$1.53M

In 2022, Iceland exported $1.53M in Precious Metal Scraps. The main destinations of Iceland exports on Precious Metal Scraps were Germany ($1.33M), United Kingdom ($191k), Denmark ($2.19k), and Netherlands ($1.48k).

In 2022, Iceland imported $10 in Precious Metal Scraps, mainly from Thailand ($10).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Scraps EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
United Kingdom$128k (202%)
Netherlands$1.48k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Scraps BY Iceland WERE (2021 - 2022):
Germany-$315k (-19.1%)
Denmark-$3.56k (-61.9%)
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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 Precious Metal Scraps were:
United States $5.75B
Indonesia $2.6B
United Kingdom $1.45B
In 2022, Iceland's main importing competitors in Precious Metal Scraps were:
Germany $3.7B
Canada $3.02B
Japan $2.87B

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Trade Value of Precious Metal Scraps by Exporters

Potential Exports

Potential Exports

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

Precious Metal Scraps’s highest export potential is N/A. With an export gap of N/A.   Precious Metal Scraps’s highest import potential is N/A with an import gap of N/A.

See methodology.

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