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Exports In 2022, Iceland exported $109k in Carboxylic Acids, making it the 91st largest exporter of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 329th most exported product in Iceland. The main destination of Carboxylic Acids exports from Iceland are: Poland ($102k) and Nicaragua ($7.18k).

The fastest growing export markets for Carboxylic Acids of Iceland between 2021 and 2022 were Poland ($25.7k) and Nicaragua ($7.18k).

Imports In 2022, Iceland imported $1.01M in Carboxylic Acids, becoming the 132nd largest importer of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 533rd most imported product in Iceland. Iceland imports Carboxylic Acids primarily from: China ($297k), Denmark ($149k), Netherlands ($137k), Thailand ($88.9k), and Austria ($84.8k).

The fastest growing import markets in Carboxylic Acids for Iceland between 2021 and 2022 were Netherlands ($96.2k), Thailand ($88.9k), and China ($38.2k).

Latest Trends

Jul 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 Carboxylic Acids. 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)$109k
IMPORTS (2022)$1.01M
NET TRADE (2022)-$901k

In 2022, Iceland exported $109k in Carboxylic Acids. The main destinations of Iceland exports on Carboxylic Acids were Poland ($102k) and Nicaragua ($7.18k).

In 2022, Iceland imported $1.01M in Carboxylic Acids, mainly from China ($297k), Denmark ($149k), Netherlands ($137k), Thailand ($88.9k), and Austria ($84.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carboxylic Acids EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Poland$25.7k (33.8%)
Nicaragua$7.18k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carboxylic Acids BY Iceland WERE (2021 - 2022):Spain-$2.01k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Carboxylic Acids were:
China $5.45B
India $776M
In 2022, Iceland's main importing competitors in Carboxylic Acids were:

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Trade Value of Carboxylic Acids by Exporters

Potential Exports

Potential Exports

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

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