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Exports In 2023, Iceland exported $1.34M in Buses, making it the 77th largest exporter of Buses in the world. At the same year, Buses was the 125th most exported product in Iceland. The main destination of Buses exports from Iceland are: Senegal ($751k), Finland ($339k), Denmark ($228k), Netherlands ($10.9k), and Ukraine ($5.67k).

The fastest growing export markets for Buses of Iceland between 2022 and 2023 were Senegal ($751k), Finland ($339k), and Denmark ($137k).

Imports In 2023, Iceland imported $32.6M in Buses, becoming the 94th largest importer of Buses in the world. At the same year, Buses was the 48th most imported product in Iceland. Iceland imports Buses primarily from: Germany ($14.1M), Sweden ($4.83M), China ($2.44M), Portugal ($1.78M), and Czechia ($1.51M).

The fastest growing import markets in Buses for Iceland between 2022 and 2023 were Germany ($7.31M), Sweden ($2.64M), and China ($2.43M).

Latest Trends

Jan 2025

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 Buses. 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 (2023)$1.34M
IMPORTS (2023)$32.6M
NET TRADE (2023)-$31.3M

In 2023, Iceland exported $1.34M in Buses. The main destinations of Iceland exports on Buses were Senegal ($751k), Finland ($339k), Denmark ($228k), Netherlands ($10.9k), and Ukraine ($5.67k).

In 2023, Iceland imported $32.6M in Buses, mainly from Germany ($14.1M), Sweden ($4.83M), China ($2.44M), Portugal ($1.78M), and Czechia ($1.51M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Iceland WERE (2022 - 2023):
Senegal$751k (1%)
Finland$339k (1%)
Denmark$137k (149%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Iceland WERE (2022 - 2023):
Sweden-$106k (-100%)
Belgium-$10.2k (-100%)
Portugal-$80 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iceland's main exporting competitors in Buses were:
China $3.94B
Turkey $2.49B
Japan $2.3B
In 2023, Iceland's main importing competitors in Buses were:

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Trade Value of Buses by Exporters

Potential Exports

Potential Exports

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

See methodology.

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