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Exports In 2022, Iceland exported $54.6k in Stranded Iron Wire, making it the 121st largest exporter of Stranded Iron Wire in the world. At the same year, Stranded Iron Wire was the 406th most exported product in Iceland. The main destination of Stranded Iron Wire exports from Iceland are: Denmark ($35.6k), United Kingdom ($11k), Switzerland ($3.12k), Turkey ($1.94k), and Germany ($1.74k).

The fastest growing export markets for Stranded Iron Wire of Iceland between 2021 and 2022 were Denmark ($35.6k), Switzerland ($3.12k), and Turkey ($1.94k).

Imports In 2022, Iceland imported $8.04M in Stranded Iron Wire, becoming the 90th largest importer of Stranded Iron Wire in the world. At the same year, Stranded Iron Wire was the 186th most imported product in Iceland. Iceland imports Stranded Iron Wire primarily from: United Kingdom ($4.34M), Lithuania ($525k), Denmark ($458k), Portugal ($454k), and Spain ($420k).

The fastest growing import markets in Stranded Iron Wire for Iceland between 2021 and 2022 were United Kingdom ($1.64M), Lithuania ($450k), and Spain ($231k).

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 Stranded Iron Wire. 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)$54.6k
IMPORTS (2022)$8.04M
NET TRADE (2022)-$7.98M

In 2022, Iceland exported $54.6k in Stranded Iron Wire. The main destinations of Iceland exports on Stranded Iron Wire were Denmark ($35.6k), United Kingdom ($11k), Switzerland ($3.12k), Turkey ($1.94k), and Germany ($1.74k).

In 2022, Iceland imported $8.04M in Stranded Iron Wire, mainly from United Kingdom ($4.34M), Lithuania ($525k), Denmark ($458k), Portugal ($454k), and Spain ($420k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stranded Iron Wire EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Denmark$35.6k (1.19M%)
Switzerland$3.12k (1%)
Turkey$1.94k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stranded Iron Wire BY Iceland WERE (2021 - 2022):
Lithuania-$36.3k (-99.5%)
Russia-$23k (-100%)
United Kingdom-$5.97k (-35.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Stranded Iron Wire were:
In 2022, Iceland's main importing competitors in Stranded Iron Wire were:

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Trade Value of Stranded Iron Wire by Exporters

Potential Exports

Potential Exports

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N/A
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Stranded Iron Wire’s highest export potential is N/A. With an export gap of N/A.   Stranded Iron Wire’s highest import potential is N/A with an import gap of N/A.

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