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Exports In 2022, Iceland exported $5.82k in Cutlery Sets, making it the 123rd largest exporter of Cutlery Sets in the world. At the same year, Cutlery Sets was the 630th most exported product in Iceland. The main destination of Cutlery Sets exports from Iceland are: Cote d'Ivoire ($5.27k), Finland ($292), Sweden ($99), Ireland ($58), and United Kingdom ($46).

The fastest growing export markets for Cutlery Sets of Iceland between 2021 and 2022 were Cote d'Ivoire ($5.27k), Finland ($273), and Ireland ($58).

Imports In 2022, Iceland imported $1.9M in Cutlery Sets, becoming the 112th largest importer of Cutlery Sets in the world. At the same year, Cutlery Sets was the 436th most imported product in Iceland. Iceland imports Cutlery Sets primarily from: China ($542k), Germany ($335k), Vietnam ($246k), Denmark ($164k), and Sweden ($127k).

The fastest growing import markets in Cutlery Sets for Iceland between 2021 and 2022 were Germany ($78.6k), Vietnam ($51.1k), and Italy ($35.2k).

Latest Trends

Jul 2024

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 Cutlery Sets. 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)$5.82k
IMPORTS (2022)$1.9M
NET TRADE (2022)-$1.89M

In 2022, Iceland exported $5.82k in Cutlery Sets. The main destinations of Iceland exports on Cutlery Sets were Cote d'Ivoire ($5.27k), Finland ($292), Sweden ($99), Ireland ($58), and United Kingdom ($46).

In 2022, Iceland imported $1.9M in Cutlery Sets, mainly from China ($542k), Germany ($335k), Vietnam ($246k), Denmark ($164k), and Sweden ($127k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cutlery Sets EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Cote d'Ivoire$5.27k (1%)
Finland$273 (1.44k%)
Ireland$58 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutlery Sets BY Iceland WERE (2021 - 2022):
El Salvador-$1.85k (-100%)
Sweden-$367 (-78.8%)
Saudi Arabia-$353 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Cutlery Sets were:
In 2022, Iceland's main importing competitors in Cutlery Sets were:

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Trade Value of Cutlery Sets by Exporters

Potential Exports

Potential Exports

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

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