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Exports In 2022, Iceland exported $14.1k in Root Vegetables, making it the 106th largest exporter of Root Vegetables in the world. At the same year, Root Vegetables was the 551st most exported product in Iceland. The main destination of Root Vegetables exports from Iceland are: Greenland ($10.4k), Switzerland ($1.95k), Spain ($764), Norway ($539), and Estonia ($199).

The fastest growing export markets for Root Vegetables of Iceland between 2021 and 2022 were Greenland ($3.73k), Switzerland ($1.27k), and Spain ($764).

Imports In 2022, Iceland imported $1.36M in Root Vegetables, becoming the 78th largest importer of Root Vegetables in the world. At the same year, Root Vegetables was the 489th most imported product in Iceland. Iceland imports Root Vegetables primarily from: Netherlands ($774k), Denmark ($225k), Belgium ($93.2k), United States ($41.7k), and Italy ($39.2k).

The fastest growing import markets in Root Vegetables for Iceland between 2021 and 2022 were Netherlands ($163k), Belgium ($22.8k), and United Kingdom ($19.7k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Root Vegetables. 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)$14.1k
IMPORTS (2022)$1.36M
NET TRADE (2022)-$1.35M

In 2022, Iceland exported $14.1k in Root Vegetables. The main destinations of Iceland exports on Root Vegetables were Greenland ($10.4k), Switzerland ($1.95k), Spain ($764), Norway ($539), and Estonia ($199).

In 2022, Iceland imported $1.36M in Root Vegetables, mainly from Netherlands ($774k), Denmark ($225k), Belgium ($93.2k), United States ($41.7k), and Italy ($39.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Root Vegetables EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Greenland$3.73k (55.5%)
Switzerland$1.27k (188%)
Spain$764 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Root Vegetables BY Iceland WERE (2021 - 2022):
Denmark-$3.52k (-100%)
United States-$2.76k (-99.9%)
Norway-$615 (-53.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Iceland's main exporting competitors in Root Vegetables were:
In 2022, Iceland's main importing competitors in Root Vegetables were:

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Trade Value of Root Vegetables by Exporters

Potential Exports

Potential Exports

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

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