Compasses in Iceland | The Observatory of Economic Complexity

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Exports In 2022, Iceland exported $6.13M in Compasses, making it the 47th largest exporter of Compasses in the world. At the same year, Compasses was the 52nd most exported product in Iceland. The main destination of Compasses exports from Iceland are: Netherlands ($1.56M), United Kingdom ($1.29M), Denmark ($634k), Turkey ($539k), and New Zealand ($360k).

The fastest growing export markets for Compasses of Iceland between 2021 and 2022 were Netherlands ($1.35M), Turkey ($539k), and United Kingdom ($392k).

Imports In 2022, Iceland imported $4.85M in Compasses, becoming the 73rd largest importer of Compasses in the world. At the same year, Compasses was the 255th most imported product in Iceland. Iceland imports Compasses primarily from: France ($1.09M), Norway ($1.08M), United States ($1.06M), Germany ($334k), and Japan ($311k).

The fastest growing import markets in Compasses for Iceland between 2021 and 2022 were Japan ($137k), United States ($68.8k), and France ($39k).

Oct 2024

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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 Compasses. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Trade Value

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Year

EXPORTS (2022)$6.13M

IMPORTS (2022)$4.85M

NET TRADE (2022)$1.27M

In 2022, Iceland exported $6.13M in Compasses. The main destinations of Iceland exports on Compasses were Netherlands ($1.56M), United Kingdom ($1.29M), Denmark ($634k), Turkey ($539k), and New Zealand ($360k).

In 2022, Iceland imported $4.85M in Compasses, mainly from France ($1.09M), Norway ($1.08M), United States ($1.06M), Germany ($334k), and Japan ($311k).