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Exports In 2022, Iceland exported $289M in Aluminium Wire, making it the 6th largest exporter of Aluminium Wire in the world. At the same year, Aluminium Wire was the 6th most exported product in Iceland. The main destination of Aluminium Wire exports from Iceland are: Netherlands ($232M), Spain ($19.1M), Germany ($17.4M), Turkey ($10.7M), and Switzerland ($5.16M).

The fastest growing export markets for Aluminium Wire of Iceland between 2021 and 2022 were Netherlands ($128M), Finland ($1.82M), and Switzerland ($1.6M).

Imports In 2022, Iceland imported $2.51M in Aluminium Wire, becoming the 94th largest importer of Aluminium Wire in the world. At the same year, Aluminium Wire was the 382nd most imported product in Iceland. Iceland imports Aluminium Wire primarily from: Netherlands ($1.37M), United Kingdom ($735k), Hungary ($195k), Finland ($98.2k), and China ($70.6k).

The fastest growing import markets in Aluminium Wire for Iceland between 2021 and 2022 were United Kingdom ($499k), Netherlands ($370k), and Hungary ($195k).

Latest Trends

Sep 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 Wire. 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 (2022)$289M
IMPORTS (2022)$2.51M
NET TRADE (2022)$287M

In 2022, Iceland exported $289M in Aluminium Wire. The main destinations of Iceland exports on Aluminium Wire were Netherlands ($232M), Spain ($19.1M), Germany ($17.4M), Turkey ($10.7M), and Switzerland ($5.16M).

In 2022, Iceland imported $2.51M in Aluminium Wire, mainly from Netherlands ($1.37M), United Kingdom ($735k), Hungary ($195k), Finland ($98.2k), and China ($70.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Wire EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Netherlands$128M (122%)
Finland$1.82M (115%)
Switzerland$1.6M (44.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Wire BY Iceland WERE (2021 - 2022):
Spain-$92.4M (-82.8%)
Germany-$6.75M (-28%)
Estonia-$5.03M (-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 Wire were:
In 2022, Iceland's main importing competitors in Aluminium Wire were:

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Trade Value of Aluminium Wire by Exporters

Potential Exports

Potential Exports

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

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