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Exports In 2022, Iceland exported $67M in Aluminium Bars, making it the 45th 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 ($59.9M), Germany ($3.33M), Spain ($2.62M), Norway ($1.04M), and United Kingdom ($111k).

The fastest growing export markets for Aluminium Bars of Iceland between 2021 and 2022 were Netherlands ($21.8M), Germany ($3.32M), and Norway ($1.04M).

Imports In 2022, Iceland imported $15.4M in Aluminium Bars, becoming the 108th largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 108th most imported product in Iceland. Iceland imports Aluminium Bars primarily from: Germany ($2.41M), United Arab Emirates ($2.36M), Canada ($2.01M), Denmark ($1.93M), and Russia ($1.87M).

The fastest growing import markets in Aluminium Bars for Iceland between 2021 and 2022 were United Arab Emirates ($2.28M), Russia ($1.83M), and Denmark ($649k).

Latest Trends

Oct 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 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

Color
EXPORTS (2022)$67M
IMPORTS (2022)$15.4M
NET TRADE (2022)$51.6M

In 2022, Iceland exported $67M in Aluminium Bars. The main destinations of Iceland exports on Aluminium Bars were Netherlands ($59.9M), Germany ($3.33M), Spain ($2.62M), Norway ($1.04M), and United Kingdom ($111k).

In 2022, Iceland imported $15.4M in Aluminium Bars, mainly from Germany ($2.41M), United Arab Emirates ($2.36M), Canada ($2.01M), Denmark ($1.93M), and Russia ($1.87M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Bars EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Netherlands$21.8M (57.1%)
Germany$3.32M (97k%)
Norway$1.04M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Bars BY Iceland WERE (2021 - 2022):
Spain-$24.7M (-90.4%)
China-$165k (-100%)
Brazil-$39.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Aluminium Bars were:
China $3.88B
In 2022, 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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