2022
Exports
$644kWorld Rnk 93 / 216
Flag Rnk 162 / 935
2022
PRODUCT COMPLEXITY IN Gas and Liquid Flow Measuring Instruments
1.18Rnk 107 / 1025
2022
Imports
$8.45MWorld Rnk 95 / 225
Flag Rnk 175 / 1186

About

Exports In 2022, Iceland exported $644k in Gas and Liquid Flow Measuring Instruments, making it the 93rd largest exporter of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 162nd most exported product in Iceland. The main destination of Gas and Liquid Flow Measuring Instruments exports from Iceland are: Switzerland ($280k), Denmark ($61.4k), Pakistan ($60.9k), United States ($39.5k), and United Kingdom ($29.1k).

The fastest growing export markets for Gas and Liquid Flow Measuring Instruments of Iceland between 2021 and 2022 were Switzerland ($244k), Pakistan ($60.9k), and Denmark ($35.6k).

Imports In 2022, Iceland imported $8.45M in Gas and Liquid Flow Measuring Instruments, becoming the 95th largest importer of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 175th most imported product in Iceland. Iceland imports Gas and Liquid Flow Measuring Instruments primarily from: Germany ($3.74M), Denmark ($878k), United Kingdom ($569k), Netherlands ($531k), and Norway ($401k).

The fastest growing import markets in Gas and Liquid Flow Measuring Instruments for Iceland between 2021 and 2022 were Germany ($2.06M), Netherlands ($315k), and Denmark ($297k).

Latest Trends

Oct 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 Gas and Liquid Flow Measuring Instruments. 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)$644k
IMPORTS (2022)$8.45M
NET TRADE (2022)-$7.8M

In 2022, Iceland exported $644k in Gas and Liquid Flow Measuring Instruments. The main destinations of Iceland exports on Gas and Liquid Flow Measuring Instruments were Switzerland ($280k), Denmark ($61.4k), Pakistan ($60.9k), United States ($39.5k), and United Kingdom ($29.1k).

In 2022, Iceland imported $8.45M in Gas and Liquid Flow Measuring Instruments, mainly from Germany ($3.74M), Denmark ($878k), United Kingdom ($569k), Netherlands ($531k), and Norway ($401k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas and Liquid Flow Measuring Instruments EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Switzerland$244k (668%)
Pakistan$60.9k (1%)
Denmark$35.6k (139%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas and Liquid Flow Measuring Instruments BY Iceland WERE (2021 - 2022):
United States-$441k (-91.8%)
Netherlands-$331k (-96.8%)
Laos-$32.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Gas and Liquid Flow Measuring Instruments were:
In 2022, Iceland's main importing competitors in Gas and Liquid Flow Measuring Instruments were:

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Trade Value of Gas and Liquid Flow Measuring Instruments by Exporters

Potential Exports

Potential Exports

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N/A
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Gas and Liquid Flow Measuring Instruments’s highest export potential is N/A. With an export gap of N/A.   Gas and Liquid Flow Measuring Instruments’s highest import potential is N/A with an import gap of N/A.

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