2023
Exports
$616kWorld Rnk 99 / 215
Flag Rnk 176 / 943
2023
PRODUCT COMPLEXITY IN Gas and Liquid Flow Measuring Instruments
1.17Rnk 112 / 1025
2023
Imports
$9.8MWorld Rnk 99 / 224
Flag Rnk 163 / 1178

About

Exports In 2023, Iceland exported $616k in Gas and Liquid Flow Measuring Instruments, making it the 99th largest exporter of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 176th most exported product in Iceland. The main destination of Gas and Liquid Flow Measuring Instruments exports from Iceland are: United Kingdom ($162k), Netherlands ($98.9k), Pakistan ($55.3k), Switzerland ($42.6k), and Norway ($35.5k).

The fastest growing export markets for Gas and Liquid Flow Measuring Instruments of Iceland between 2022 and 2023 were United Kingdom ($132k), Netherlands ($80.4k), and Germany ($24.4k).

Imports In 2023, Iceland imported $9.8M in Gas and Liquid Flow Measuring Instruments, becoming the 99th largest importer of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 163rd most imported product in Iceland. Iceland imports Gas and Liquid Flow Measuring Instruments primarily from: Germany ($3.36M), Netherlands ($1.24M), Denmark ($991k), United States ($839k), and France ($506k).

The fastest growing import markets in Gas and Liquid Flow Measuring Instruments for Iceland between 2022 and 2023 were Netherlands ($676k), Denmark ($263k), and Austria ($236k).

Latest Trends

Jan 2025

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 (2023)$616k
IMPORTS (2023)$9.8M
NET TRADE (2023)-$9.18M

In 2023, Iceland exported $616k in Gas and Liquid Flow Measuring Instruments. The main destinations of Iceland exports on Gas and Liquid Flow Measuring Instruments were United Kingdom ($162k), Netherlands ($98.9k), Pakistan ($55.3k), Switzerland ($42.6k), and Norway ($35.5k).

In 2023, Iceland imported $9.8M in Gas and Liquid Flow Measuring Instruments, mainly from Germany ($3.36M), Netherlands ($1.24M), Denmark ($991k), United States ($839k), and France ($506k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gas and Liquid Flow Measuring Instruments EXPORT MARKETS FOR Iceland WERE (2022 - 2023):
United Kingdom$132k (455%)
Netherlands$80.4k (433%)
Germany$24.4k (237%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas and Liquid Flow Measuring Instruments BY Iceland WERE (2022 - 2023):
Switzerland-$238k (-84.8%)
Denmark-$38.5k (-62.5%)
United States-$20.9k (-57%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iceland's main exporting competitors in Gas and Liquid Flow Measuring Instruments were:
In 2023, 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

Flow
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N/A
N/AN/A
N/AN/A

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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