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Exports In 2022, Iceland exported $19.8M in Hydrometers, making it the 35th largest exporter of Hydrometers in the world. At the same year, Hydrometers was the 29th most exported product in Iceland. The main destination of Hydrometers exports from Iceland are: United States ($8.24M), Netherlands ($7.03M), United Kingdom ($2.93M), Switzerland ($484k), and China ($269k).

The fastest growing export markets for Hydrometers of Iceland between 2021 and 2022 were Netherlands ($6.37M), United States ($4.13M), and United Kingdom ($2.81M).

Imports In 2022, Iceland imported $127M in Hydrometers, becoming the 17th largest importer of Hydrometers in the world. At the same year, Hydrometers was the 9th most imported product in Iceland. Iceland imports Hydrometers primarily from: Malaysia ($115M), United States ($6.45M), Netherlands ($2.49M), China ($1.01M), and Germany ($399k).

The fastest growing import markets in Hydrometers for Iceland between 2021 and 2022 were Malaysia ($82.4M), Netherlands ($2.25M), and China ($297k).

Latest Trends

Mar 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 Hydrometers. 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)$19.8M
IMPORTS (2022)$127M
NET TRADE (2022)-$107M

In 2022, Iceland exported $19.8M in Hydrometers. The main destinations of Iceland exports on Hydrometers were United States ($8.24M), Netherlands ($7.03M), United Kingdom ($2.93M), Switzerland ($484k), and China ($269k).

In 2022, Iceland imported $127M in Hydrometers, mainly from Malaysia ($115M), United States ($6.45M), Netherlands ($2.49M), China ($1.01M), and Germany ($399k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrometers EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Netherlands$6.37M (969%)
United States$4.13M (101%)
United Kingdom$2.81M (2.44k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrometers BY Iceland WERE (2021 - 2022):
Denmark-$435k (-95.5%)
South Korea-$184k (-81%)
Germany-$88.3k (-89.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Iceland's main exporting competitors in Hydrometers were:
In 2022, Iceland's main importing competitors in Hydrometers were:

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Trade Value of Hydrometers by Exporters

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