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Exports In 2023, Iceland exported $75.9M in Aluminium Foil, making it the 30th largest exporter of Aluminium Foil in the world. At the same year, Aluminium Foil was the 15th most exported product in Iceland. The main destination of Aluminium Foil exports from Iceland are: Hungary ($45.4M), China ($11.2M), Italy ($9.64M), Indonesia ($2.6M), and Brazil ($2.56M).

The fastest growing export markets for Aluminium Foil of Iceland between 2022 and 2023 were United States ($1.27M), Italy ($1.11M), and Canada ($11.6k).

Imports In 2023, Iceland imported $36.2M in Aluminium Foil, becoming the 59th largest importer of Aluminium Foil in the world. At the same year, Aluminium Foil was the 41st most imported product in Iceland. Iceland imports Aluminium Foil primarily from: Italy ($23.1M), China ($9.41M), Germany ($1.43M), Japan ($789k), and Denmark ($429k).

The fastest growing import markets in Aluminium Foil for Iceland between 2022 and 2023 were China ($2.37M), Netherlands ($304k), and Germany ($224k).

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 Foil. 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)$75.9M
IMPORTS (2023)$36.2M
NET TRADE (2023)$39.7M

In 2023, Iceland exported $75.9M in Aluminium Foil. The main destinations of Iceland exports on Aluminium Foil were Hungary ($45.4M), China ($11.2M), Italy ($9.64M), Indonesia ($2.6M), and Brazil ($2.56M).

In 2023, Iceland imported $36.2M in Aluminium Foil, mainly from Italy ($23.1M), China ($9.41M), Germany ($1.43M), Japan ($789k), and Denmark ($429k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Aluminium Foil EXPORT MARKETS FOR Iceland WERE (2022 - 2023):
United States$1.27M (409%)
Italy$1.11M (13%)
Canada$11.6k (72.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Foil BY Iceland WERE (2022 - 2023):
China-$4.5M (-28.7%)
Netherlands-$2.03M (-80.6%)
Singapore-$2.01M (-46.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Type
In 2023, Iceland's main exporting competitors in Aluminium Foil were:
China $4.87B
Germany $1.74B
Italy $789M
In 2023, Iceland's main importing competitors in Aluminium Foil were:

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Trade Value of Aluminium Foil by Exporters

Potential Exports

Potential Exports

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

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