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Exports In 2023, Iceland exported $64.8M in Aluminium Bars, making it the 42nd largest exporter of Aluminium Bars in the world. At the same year, Aluminium Bars was the 16th most exported product in Iceland. The main destination of Aluminium Bars exports from Iceland are: Netherlands ($60.6M), Spain ($2.28M), Slovakia ($1.43M), United Kingdom ($285k), and Austria ($93.9k).

The fastest growing export markets for Aluminium Bars of Iceland between 2022 and 2023 were Spain ($1.46M), Slovakia ($1.43M), and Austria ($93.9k).

Imports In 2023, Iceland imported $10.9M in Aluminium Bars, becoming the 112th largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 151st most imported product in Iceland. Iceland imports Aluminium Bars primarily from: Germany ($1.74M), Turkey ($1.54M), Denmark ($1.31M), Luxembourg ($1.26M), and China ($905k).

The fastest growing import markets in Aluminium Bars for Iceland between 2022 and 2023 were Luxembourg ($1.25M), Denmark ($351k), and Italy ($348k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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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 Aluminium Bars. 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

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EXPORTS (2023)$64.8M
IMPORTS (2023)$10.9M
NET TRADE (2023)$53.9M

In 2023, Iceland exported $64.8M in Aluminium Bars. The main destinations of Iceland exports on Aluminium Bars were Netherlands ($60.6M), Spain ($2.28M), Slovakia ($1.43M), United Kingdom ($285k), and Austria ($93.9k).

In 2023, Iceland imported $10.9M in Aluminium Bars, mainly from Germany ($1.74M), Turkey ($1.54M), Denmark ($1.31M), Luxembourg ($1.26M), and China ($905k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Aluminium Bars EXPORT MARKETS FOR Iceland WERE (2022 - 2023):
Spain$1.46M (177%)
Slovakia$1.43M (1%)
Austria$93.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Bars BY Iceland WERE (2022 - 2023):
Netherlands-$5.38M (-8.15%)
Norway-$1.04M (-100%)
Germany-$799k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Type
In 2023, Iceland's main exporting competitors in Aluminium Bars were:
China $3.08B
Turkey $1.85B
In 2023, Iceland's main importing competitors in Aluminium Bars were:

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Trade Value of Aluminium Bars by Exporters

Potential Exports

Potential Exports

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

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