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Exports In 2022, Iceland exported $696k in Electric Batteries, making it the 104th largest exporter of Electric Batteries in the world. At the same year, Electric Batteries was the 156th most exported product in Iceland. The main destination of Electric Batteries exports from Iceland are: United States ($464k), Germany ($74.3k), Netherlands ($43.8k), United Kingdom ($31.3k), and Denmark ($17.7k).

The fastest growing export markets for Electric Batteries of Iceland between 2021 and 2022 were United States ($453k), Germany ($51k), and United Kingdom ($24.2k).

Imports In 2022, Iceland imported $16.3M in Electric Batteries, becoming the 135th largest importer of Electric Batteries in the world. At the same year, Electric Batteries was the 104th most imported product in Iceland. Iceland imports Electric Batteries primarily from: China ($2.12M), Denmark ($2.01M), Germany ($1.69M), Sweden ($1.59M), and Netherlands ($1.55M).

The fastest growing import markets in Electric Batteries for Iceland between 2021 and 2022 were Netherlands ($1.08M), United States ($798k), and China ($743k).

Latest Trends

Oct 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 Electric Batteries. 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)$696k
IMPORTS (2022)$16.3M
NET TRADE (2022)-$15.6M

In 2022, Iceland exported $696k in Electric Batteries. The main destinations of Iceland exports on Electric Batteries were United States ($464k), Germany ($74.3k), Netherlands ($43.8k), United Kingdom ($31.3k), and Denmark ($17.7k).

In 2022, Iceland imported $16.3M in Electric Batteries, mainly from China ($2.12M), Denmark ($2.01M), Germany ($1.69M), Sweden ($1.59M), and Netherlands ($1.55M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Batteries EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
United States$453k (4.05k%)
Germany$51k (220%)
United Kingdom$24.2k (341%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Batteries BY Iceland WERE (2021 - 2022):
France-$89.3k (-90.6%)
Thailand-$82.8k (-100%)
South Africa-$31.3k (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Iceland's main exporting competitors in Electric Batteries were:
In 2022, Iceland's main importing competitors in Electric Batteries were:

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Trade Value of Electric Batteries by Exporters

Potential Exports

Potential Exports

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

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