2022
Exports
$145kWorld Rnk 69 / 133
Flag Rnk 301 / 935
2022
PRODUCT COMPLEXITY IN Weapons Parts and Accessories
0.47Rnk 374 / 1025
2022
Imports
$354kWorld Rnk 92 / 186
Flag Rnk 705 / 1186

About

Exports In 2022, Iceland exported $145k in Weapons Parts and Accessories, making it the 69th largest exporter of Weapons Parts and Accessories in the world. At the same year, Weapons Parts and Accessories was the 301st most exported product in Iceland. The main destination of Weapons Parts and Accessories exports from Iceland are: Senegal ($131k), Denmark ($7.3k), Switzerland ($5.87k), and Sweden ($844).

The fastest growing export markets for Weapons Parts and Accessories of Iceland between 2021 and 2022 were Senegal ($131k), Denmark ($7.3k), and Switzerland ($5.87k).

Imports In 2022, Iceland imported $354k in Weapons Parts and Accessories, becoming the 92nd largest importer of Weapons Parts and Accessories in the world. At the same year, Weapons Parts and Accessories was the 705th most imported product in Iceland. Iceland imports Weapons Parts and Accessories primarily from: Germany ($88.7k), Norway ($85k), United States ($67.3k), Denmark ($24k), and United Kingdom ($17k).

The fastest growing import markets in Weapons Parts and Accessories for Iceland between 2021 and 2022 were United States ($44.3k), United Kingdom ($5.39k), and Czechia ($4.16k).

Latest Trends

Oct 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 Weapons Parts and Accessories. 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)$145k
IMPORTS (2022)$354k
NET TRADE (2022)-$208k

In 2022, Iceland exported $145k in Weapons Parts and Accessories. The main destinations of Iceland exports on Weapons Parts and Accessories were Senegal ($131k), Denmark ($7.3k), Switzerland ($5.87k), and Sweden ($844).

In 2022, Iceland imported $354k in Weapons Parts and Accessories, mainly from Germany ($88.7k), Norway ($85k), United States ($67.3k), Denmark ($24k), and United Kingdom ($17k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Weapons Parts and Accessories EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Senegal$131k (1%)
Denmark$7.3k (1%)
Switzerland$5.87k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Weapons Parts and Accessories BY Iceland WERE (2021 - 2022):Austria-$51 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Weapons Parts and Accessories were:
In 2022, Iceland's main importing competitors in Weapons Parts and Accessories were:

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Trade Value of Weapons Parts and Accessories by Exporters

Potential Exports

Potential Exports

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

Weapons Parts and Accessories’s highest export potential is N/A. With an export gap of N/A.   Weapons Parts and Accessories’s highest import potential is N/A with an import gap of N/A.

See methodology.

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