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Exports In 2022, Iceland exported $40.9k in Wood Carpentry, making it the 139th largest exporter of Wood Carpentry in the world. At the same year, Wood Carpentry was the 438th most exported product in Iceland. The main destination of Wood Carpentry exports from Iceland are: United States ($40.6k), Spain ($189), Lithuania ($104), and Portugal ($5).

The fastest growing export markets for Wood Carpentry of Iceland between 2021 and 2022 were United States ($40.2k), Spain ($189), and Lithuania ($104).

Imports In 2022, Iceland imported $61.2M in Wood Carpentry, becoming the 38th largest importer of Wood Carpentry in the world. At the same year, Wood Carpentry was the 17th most imported product in Iceland. Iceland imports Wood Carpentry primarily from: Denmark ($17.2M), Latvia ($11.2M), Lithuania ($8.76M), Austria ($6.94M), and Germany ($6.86M).

The fastest growing import markets in Wood Carpentry for Iceland between 2021 and 2022 were Denmark ($8.49M), Latvia ($3.71M), and Austria ($1.4M).

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 Wood Carpentry. 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)$40.9k
IMPORTS (2022)$61.2M
NET TRADE (2022)-$61.1M

In 2022, Iceland exported $40.9k in Wood Carpentry. The main destinations of Iceland exports on Wood Carpentry were United States ($40.6k), Spain ($189), Lithuania ($104), and Portugal ($5).

In 2022, Iceland imported $61.2M in Wood Carpentry, mainly from Denmark ($17.2M), Latvia ($11.2M), Lithuania ($8.76M), Austria ($6.94M), and Germany ($6.86M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Carpentry EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
United States$40.2k (8.72k%)
Spain$189 (1%)
Lithuania$104 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Carpentry BY Iceland WERE (2021 - 2022):
Denmark-$12.3k (-100%)
Germany-$3.08k (-100%)
Luxembourg-$1.23k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Wood Carpentry were:
Canada $1.96B
China $1.89B
Austria $1.87B
In 2022, Iceland's main importing competitors in Wood Carpentry were:

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Trade Value of Wood Carpentry by Exporters

Potential Exports

Potential Exports

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

See methodology.

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