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Exports In 2023, Iceland exported $1.53M in Valves, making it the 106th largest exporter of Valves in the world. At the same year, Valves was the 117th most exported product in Iceland. The main destination of Valves exports from Iceland are: Ireland ($297k), Netherlands ($208k), Denmark ($178k), Norway ($121k), and Guyana ($114k).

The fastest growing export markets for Valves of Iceland between 2022 and 2023 were Ireland ($288k), Netherlands ($118k), and Guyana ($114k).

Imports In 2023, Iceland imported $35.9M in Valves, becoming the 111th largest importer of Valves in the world. At the same year, Valves was the 43rd most imported product in Iceland. Iceland imports Valves primarily from: Germany ($7.58M), Denmark ($4.95M), Italy ($3.47M), Sweden ($3.05M), and Austria ($2.24M).

The fastest growing import markets in Valves for Iceland between 2022 and 2023 were Austria ($1.74M), Germany ($980k), and Sweden ($616k).

Latest Trends

Dec 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 Valves. 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 (2023)$1.53M
IMPORTS (2023)$35.9M
NET TRADE (2023)-$34.4M

In 2023, Iceland exported $1.53M in Valves. The main destinations of Iceland exports on Valves were Ireland ($297k), Netherlands ($208k), Denmark ($178k), Norway ($121k), and Guyana ($114k).

In 2023, Iceland imported $35.9M in Valves, mainly from Germany ($7.58M), Denmark ($4.95M), Italy ($3.47M), Sweden ($3.05M), and Austria ($2.24M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Iceland WERE (2022 - 2023):
Ireland$288k (3.34k%)
Netherlands$118k (132%)
Guyana$114k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Iceland WERE (2022 - 2023):
Germany-$366k (-84%)
Guatemala-$148k (-86.2%)
Sweden-$67.7k (-82%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iceland's main exporting competitors in Valves were:
In 2023, Iceland's main importing competitors in Valves were:

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

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

See methodology.

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