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The fastest growing export markets for Yarn of wool or fine hair, <85% such fibres, retail of Iceland between 2021 and 2022 were Netherlands ($5.97k), Denmark ($3.09k), and Switzerland ($1.81k).

Imports In 2022, Iceland imported $653k in Yarn of wool or fine hair, <85% such fibres, retail, becoming the 34th largest importer of Yarn of wool or fine hair, <85% such fibres, retail in the world. At the same year, Yarn of wool or fine hair, <85% such fibres, retail was the 1254th most imported product in Iceland. Iceland imports Yarn of wool or fine hair, <85% such fibres, retail primarily from: Norway ($150k), Peru ($147k), Denmark ($130k), China ($108k), and Ukraine ($26.8k).

The fastest growing import markets in Yarn of wool or fine hair, <85% such fibres, retail for Iceland between 2021 and 2022 were China ($93.5k), Ukraine ($26.8k), and Netherlands ($8.62k).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (12) and Barry Callebaut (3) were at the forefront of shipping Yarn of wool or fine hair, <85% such fibres, retail from Iceland to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Yarn of wool or fine hair, <85% such fibres, retail. 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)$38.3k
IMPORTS (2022)$653k
NET TRADE (2022)-$615k

In 2022, Iceland imported $653k in Yarn of wool or fine hair, <85% such fibres, retail, mainly from Norway ($150k), Peru ($147k), Denmark ($130k), China ($108k), and Ukraine ($26.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Yarn of wool or fine hair, EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Netherlands$5.97k (66.4%)
Denmark$3.09k (44.1k%)
Switzerland$1.81k (128%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Yarn of wool or fine hair, BY Iceland WERE (2021 - 2022):
Norway-$9.12k (-68%)
Germany-$7.06k (-100%)
France-$6.3k (-92.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Yarn of wool or fine hair,
Italy $51.1M
Peru $28.8M
Sweden $21.5M
In 2022, Iceland's main importing competitors in Yarn of wool or fine hair,
Germany $45.9M
Norway $37.1M
Denmark $21.3M

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Trade Value of Yarn of wool or fine hair, <85% such fibres, retail by Exporters

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