2022
Exports
$88.9kWorld Rnk 81 / 127
Flag Rnk 354 / 935
2022
PRODUCT COMPLEXITY IN Dairy Machinery
0.92Rnk 201 / 1025
2022
Imports
$3.54MWorld Rnk 75 / 183
Flag Rnk 318 / 1186

About

Exports In 2022, Iceland exported $88.9k in Dairy Machinery, making it the 81st largest exporter of Dairy Machinery in the world. At the same year, Dairy Machinery was the 354th most exported product in Iceland. The main destination of Dairy Machinery exports from Iceland are: United Kingdom ($50.7k), Denmark ($34.9k), Sweden ($3.16k), and Netherlands ($105).

Imports In 2022, Iceland imported $3.54M in Dairy Machinery, becoming the 75th largest importer of Dairy Machinery in the world. At the same year, Dairy Machinery was the 318th most imported product in Iceland. Iceland imports Dairy Machinery primarily from: Netherlands ($1.43M), Germany ($753k), Sweden ($526k), Denmark ($261k), and United Kingdom ($174k).

The fastest growing import markets in Dairy Machinery for Iceland between 2021 and 2022 were Sweden ($395k), Norway ($133k), and Germany ($86k).

Latest Trends

Sep 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 Dairy Machinery. 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)$88.9k
IMPORTS (2022)$3.54M
NET TRADE (2022)-$3.45M

In 2022, Iceland exported $88.9k in Dairy Machinery. The main destinations of Iceland exports on Dairy Machinery were United Kingdom ($50.7k), Denmark ($34.9k), Sweden ($3.16k), and Netherlands ($105).

In 2022, Iceland imported $3.54M in Dairy Machinery, mainly from Netherlands ($1.43M), Germany ($753k), Sweden ($526k), Denmark ($261k), and United Kingdom ($174k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Dairy Machinery BY Iceland WERE (2021 - 2022):
Denmark-$128k (-78.6%)
United Kingdom-$84.7k (-62.5%)
France-$15k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Dairy Machinery were:
In 2022, Iceland's main importing competitors in Dairy Machinery were:

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Trade Value of Dairy Machinery by Exporters

Potential Exports

Potential Exports

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

See methodology.

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