2022
Exports
falseWorld Rnk 51 / 160
Flag Rnk 27 / 95
2022
PRODUCT COMPLEXITY IN Wool & animal hair
0.58Rnk 333 / 1025

About

The fastest growing export markets for Wool & animal hair of Iceland between 2021 and 2022 were China ($276k), Netherlands ($260k), and United States ($202k).

The fastest growing import markets in Wool & animal hair for Iceland between 2021 and 2022 were China ($438k), Turkey ($95.2k), and United Kingdom ($46.3k).

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 Wool & animal hair. 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)$7.82M

In N/A, Iceland imported N/A in Wool & animal hair, mainly from Norway ($847k), United Kingdom ($666k), New Zealand ($519k), China ($513k), and Denmark ($403k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool & animal hair EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
China$276k (102%)
Netherlands$260k (17.6%)
United States$202k (106%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool & animal hair BY Iceland WERE (2021 - 2022):
Finland-$1.29M (-62.7%)
United Kingdom-$180k (-26.9%)
Russia-$114k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Wool & animal hair were:
China $2.23B
Italy $2.03B
In 2022, Iceland's main importing competitors in Wool & animal hair were:
China $2.97B
Italy $1.62B

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Trade Value of Wool & animal hair by Exporters

Potential Exports

Potential Exports

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

Wool & animal hair’s highest export potential is N/A. With an export gap of N/A.   Wool & animal hair’s highest import potential is N/A with an import gap of N/A.

See methodology.

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