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Exports In 2022, Iceland exported $3.25k in Basketwork, making it the 149th largest exporter of Basketwork in the world. At the same year, Basketwork was the 691st most exported product in Iceland. The main destination of Basketwork exports from Iceland are: Netherlands ($1.84k), United Arab Emirates ($1.09k), France ($293), Denmark ($29), and Latvia ($10).

The fastest growing export markets for Basketwork of Iceland between 2021 and 2022 were Netherlands ($1.84k), United Arab Emirates ($1.09k), and France ($293).

Imports In 2022, Iceland imported $1.13M in Basketwork, becoming the 75th largest importer of Basketwork in the world. At the same year, Basketwork was the 519th most imported product in Iceland. Iceland imports Basketwork primarily from: Vietnam ($257k), Denmark ($227k), United Kingdom ($165k), China ($163k), and Sweden ($125k).

The fastest growing import markets in Basketwork for Iceland between 2021 and 2022 were United Kingdom ($157k), Denmark ($21k), and Vietnam ($18.9k).

Latest Trends

Apr 2024

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 Basketwork. 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)$3.25k
IMPORTS (2022)$1.13M
NET TRADE (2022)-$1.13M

In 2022, Iceland exported $3.25k in Basketwork. The main destinations of Iceland exports on Basketwork were Netherlands ($1.84k), United Arab Emirates ($1.09k), France ($293), Denmark ($29), and Latvia ($10).

In 2022, Iceland imported $1.13M in Basketwork, mainly from Vietnam ($257k), Denmark ($227k), United Kingdom ($165k), China ($163k), and Sweden ($125k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Basketwork EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Netherlands$1.84k (1%)
France$293 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Basketwork BY Iceland WERE (2021 - 2022):
Sweden-$116 (-100%)
Switzerland-$77 (-100%)
Greenland-$44 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Basketwork by Exporters

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