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Exports In 2023, Iceland exported $2.46M in Chemical Analysis Instruments, making it the 75th largest exporter of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 95th most exported product in Iceland. The main destination of Chemical Analysis Instruments exports from Iceland are: Netherlands ($807k), United States ($463k), Norway ($396k), France ($246k), and United Kingdom ($143k).

The fastest growing export markets for Chemical Analysis Instruments of Iceland between 2022 and 2023 were Norway ($387k), United States ($378k), and France ($228k).

Imports In 2023, Iceland imported $22.6M in Chemical Analysis Instruments, becoming the 86th largest importer of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 82nd most imported product in Iceland. Iceland imports Chemical Analysis Instruments primarily from: United States ($9.12M), Sweden ($3.67M), Germany ($2.53M), Netherlands ($1.42M), and Switzerland ($906k).

The fastest growing import markets in Chemical Analysis Instruments for Iceland between 2022 and 2023 were United States ($6.39M), Sweden ($939k), and Netherlands ($781k).

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 Chemical Analysis Instruments. 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)$2.46M
IMPORTS (2023)$22.6M
NET TRADE (2023)-$20.2M

In 2023, Iceland exported $2.46M in Chemical Analysis Instruments. The main destinations of Iceland exports on Chemical Analysis Instruments were Netherlands ($807k), United States ($463k), Norway ($396k), France ($246k), and United Kingdom ($143k).

In 2023, Iceland imported $22.6M in Chemical Analysis Instruments, mainly from United States ($9.12M), Sweden ($3.67M), Germany ($2.53M), Netherlands ($1.42M), and Switzerland ($906k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Chemical Analysis Instruments EXPORT MARKETS FOR Iceland WERE (2022 - 2023):
Norway$387k (4.2k%)
United States$378k (444%)
France$228k (1.28k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Analysis Instruments BY Iceland WERE (2022 - 2023):
Netherlands-$406k (-33.5%)
Belgium-$66.4k (-58.4%)
Germany-$47.8k (-52.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iceland's main exporting competitors in Chemical Analysis Instruments were:
In 2023, Iceland's main importing competitors in Chemical Analysis Instruments were:

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Trade Value of Chemical Analysis Instruments by Exporters

Potential Exports

Potential Exports

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

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