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Exports In 2022, Iceland exported $16.3k in Wooden Tool Handles, making it the 95th largest exporter of Wooden Tool Handles in the world. At the same year, Wooden Tool Handles was the 534th most exported product in Iceland. The main destination of Wooden Tool Handles exports from Iceland are: Germany ($11k), United Kingdom ($4.06k), Spain ($700), Netherlands ($350), and Portugal ($176).

The fastest growing export markets for Wooden Tool Handles of Iceland between 2021 and 2022 were United Kingdom ($1.6k), Spain ($700), and Netherlands ($350).

Imports In 2022, Iceland imported $172k in Wooden Tool Handles, becoming the 117th largest importer of Wooden Tool Handles in the world. At the same year, Wooden Tool Handles was the 810th most imported product in Iceland. Iceland imports Wooden Tool Handles primarily from: India ($38.2k), Brazil ($35.6k), Denmark ($19.4k), China ($14.9k), and Germany ($9.9k).

The fastest growing import markets in Wooden Tool Handles for Iceland between 2021 and 2022 were Brazil ($31.3k), Denmark ($6.52k), and United Kingdom ($3.37k).

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 Wooden Tool Handles. 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)$16.3k
IMPORTS (2022)$172k
NET TRADE (2022)-$156k

In 2022, Iceland exported $16.3k in Wooden Tool Handles. The main destinations of Iceland exports on Wooden Tool Handles were Germany ($11k), United Kingdom ($4.06k), Spain ($700), Netherlands ($350), and Portugal ($176).

In 2022, Iceland imported $172k in Wooden Tool Handles, mainly from India ($38.2k), Brazil ($35.6k), Denmark ($19.4k), China ($14.9k), and Germany ($9.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wooden Tool Handles EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
United Kingdom$1.6k (65.3%)
Spain$700 (1%)
Netherlands$350 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wooden Tool Handles BY Iceland WERE (2021 - 2022):
Germany-$2.89k (-20.8%)
Lithuania-$1.69k (-100%)
Switzerland-$303 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Wooden Tool Handles were:
China $155M
Italy $37.4M
Brazil $32.3M
In 2022, Iceland's main importing competitors in Wooden Tool Handles were:

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Trade Value of Wooden Tool Handles by Exporters

Potential Exports

Potential Exports

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

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