2022
Exports
$50World Rnk 74 / 80
Flag Rnk 897 / 935
falsefalse Belgium
2022
Imports
$27.4kWorld Rnk 81 / 154
Flag Rnk 1003 / 1186

About

Exports In 2022, Iceland exported $50 in Animal Extracts, making it the 74th largest exporter of Animal Extracts in the world. At the same year, Animal Extracts was the 897th most exported product in Iceland. The main destination of Animal Extracts exports from Iceland are: Belgium ($50).

Imports In 2022, Iceland imported $27.4k in Animal Extracts, becoming the 81st largest importer of Animal Extracts in the world. At the same year, Animal Extracts was the 1003rd most imported product in Iceland. Iceland imports Animal Extracts primarily from: Estonia ($17.5k), Thailand ($7.38k), Norway ($1.9k), Spain ($221), and Philippines ($206).

The fastest growing import markets in Animal Extracts for Iceland between 2021 and 2022 were Estonia ($13k), Norway ($1.9k), and Philippines ($161).

Latest Trends

Jul 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 Animal Extracts. 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)$50
IMPORTS (2022)$27.4k
NET TRADE (2022)-$27.3k

In 2022, Iceland exported $50 in Animal Extracts. The main destinations of Iceland exports on Animal Extracts were Belgium ($50).

In 2022, Iceland imported $27.4k in Animal Extracts, mainly from Estonia ($17.5k), Thailand ($7.38k), Norway ($1.9k), Spain ($221), and Philippines ($206).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Extracts BY Iceland WERE (2021 - 2022):
Belgium-$74 (-59.7%)
United Kingdom-$8 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Animal Extracts were:
In 2022, Iceland's main importing competitors in Animal Extracts were:

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Trade Value of Animal Extracts by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

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

See methodology.

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