2023
Exports
$85.7MWorld Rnk 14 / 162
Flag Rnk 12 / 943
2023
PRODUCT COMPLEXITY IN Carbon-based Electronics
0.41Rnk 406 / 1025
2023
Imports
$638MWorld Rnk 1 / 212
Flag Rnk 3 / 1178

About

Exports In 2023, Iceland exported $85.7M in Carbon-based Electronics, making it the 14th largest exporter of Carbon-based Electronics in the world. At the same year, Carbon-based Electronics was the 12th most exported product in Iceland. The main destination of Carbon-based Electronics exports from Iceland are: Norway ($66.8M), Netherlands ($17.7M), Germany ($783k), Switzerland ($359k), and Nigeria ($15.7k).

The fastest growing export markets for Carbon-based Electronics of Iceland between 2022 and 2023 were Norway ($501k), Switzerland ($57.4k), and Nigeria ($15.7k).

Imports In 2023, Iceland imported $638M in Carbon-based Electronics, becoming the 1st largest importer of Carbon-based Electronics in the world. At the same year, Carbon-based Electronics was the 3rd most imported product in Iceland. Iceland imports Carbon-based Electronics primarily from: China ($243M), Norway ($193M), Netherlands ($178M), Poland ($6.99M), and Japan ($4.14M).

The fastest growing import markets in Carbon-based Electronics for Iceland between 2022 and 2023 were Norway ($53.1M), China ($19.7M), and Poland ($3.02M).

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 Carbon-based Electronics. 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)$85.7M
IMPORTS (2023)$638M
NET TRADE (2023)-$552M

In 2023, Iceland exported $85.7M in Carbon-based Electronics. The main destinations of Iceland exports on Carbon-based Electronics were Norway ($66.8M), Netherlands ($17.7M), Germany ($783k), Switzerland ($359k), and Nigeria ($15.7k).

In 2023, Iceland imported $638M in Carbon-based Electronics, mainly from China ($243M), Norway ($193M), Netherlands ($178M), Poland ($6.99M), and Japan ($4.14M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Carbon-based Electronics EXPORT MARKETS FOR Iceland WERE (2022 - 2023):
Norway$501k (0.76%)
Switzerland$57.4k (19%)
Nigeria$15.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbon-based Electronics BY Iceland WERE (2022 - 2023):
Netherlands-$1.45M (-7.58%)
Germany-$766k (-49.5%)
Russia-$94.9k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iceland's main exporting competitors in Carbon-based Electronics were:
China $2.91B
Japan $466M
Spain $326M
In 2023, Iceland's main importing competitors in Carbon-based Electronics were:

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Trade Value of Carbon-based Electronics by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

Carbon-based Electronics’s highest export potential is N/A. With an export gap of N/A.   Carbon-based Electronics’s highest import potential is N/A with an import gap of N/A.

See methodology.

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