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Exports In 2022, Iceland exported $703k in Fertilizers, making it the 131st largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 57th most exported product in Iceland. The main destination of Fertilizers exports from Iceland are: Slovakia ($609k), Senegal ($61.2k), Norway ($24.6k), Vietnam ($7.75k), and United States ($157).

The fastest growing export markets for Fertilizers of Iceland between 2021 and 2022 were Slovakia ($609k), Senegal ($61.2k), and Vietnam ($7.75k).

Imports In 2022, Iceland imported $36.2M in Fertilizers, becoming the 131st largest importer of Fertilizers in the world. At the same year, Fertilizers was the 36th most imported product in Iceland. Iceland imports Fertilizers primarily from: Finland ($10.2M), Estonia ($8.77M), United Kingdom ($6.98M), Norway ($4.79M), and Denmark ($2.77M).

The fastest growing import markets in Fertilizers for Iceland between 2021 and 2022 were Estonia ($5M), Finland ($4.14M), and Norway ($3.83M).

Latest Trends

Sep 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 Fertilizers. 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)$703k
IMPORTS (2022)$36.2M
NET TRADE (2022)-$35.5M

In 2022, Iceland exported $703k in Fertilizers. The main destinations of Iceland exports on Fertilizers were Slovakia ($609k), Senegal ($61.2k), Norway ($24.6k), Vietnam ($7.75k), and United States ($157).

In 2022, Iceland imported $36.2M in Fertilizers, mainly from Finland ($10.2M), Estonia ($8.77M), United Kingdom ($6.98M), Norway ($4.79M), and Denmark ($2.77M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Slovakia$609k (1%)
Senegal$61.2k (1%)
Vietnam$7.75k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY Iceland WERE (2021 - 2022):
Norway-$26k (-51.4%)
North Macedonia-$4.27k (-100%)
Papua New Guinea-$93 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Fertilizers were:
Russia $18.7B
Canada $14.5B
China $12.7B
In 2022, Iceland's main importing competitors in Fertilizers were:

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Trade Value of Fertilizers by Exporters

Potential Exports

Potential Exports

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

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