2022
Exports
$1.59MWorld Rnk 101 / 226
Flag Rnk 105 / 935
2022
PRODUCT COMPLEXITY IN Integrated Circuits
1.48Rnk 56 / 1025
2022
Imports
$4.96MWorld Rnk 131 / 225
Flag Rnk 250 / 1186

About

Exports In 2022, Iceland exported $1.59M in Integrated Circuits, making it the 101st largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 105th most exported product in Iceland. The main destination of Integrated Circuits exports from Iceland are: Tunisia ($530k), Netherlands ($172k), United Kingdom ($152k), United States ($107k), and Japan ($105k).

The fastest growing export markets for Integrated Circuits of Iceland between 2021 and 2022 were Tunisia ($437k), Netherlands ($153k), and United Kingdom ($131k).

Imports In 2022, Iceland imported $4.96M in Integrated Circuits, becoming the 131st largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 250th most imported product in Iceland. Iceland imports Integrated Circuits primarily from: China ($864k), Germany ($799k), Malaysia ($522k), France ($468k), and United States ($268k).

The fastest growing import markets in Integrated Circuits for Iceland between 2021 and 2022 were Germany ($480k), France ($282k), and Chinese Taipei ($247k).

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 Integrated Circuits. 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)$1.59M
IMPORTS (2022)$4.96M
NET TRADE (2022)-$3.37M

In 2022, Iceland exported $1.59M in Integrated Circuits. The main destinations of Iceland exports on Integrated Circuits were Tunisia ($530k), Netherlands ($172k), United Kingdom ($152k), United States ($107k), and Japan ($105k).

In 2022, Iceland imported $4.96M in Integrated Circuits, mainly from China ($864k), Germany ($799k), Malaysia ($522k), France ($468k), and United States ($268k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Tunisia$437k (468%)
Netherlands$153k (811%)
United Kingdom$131k (637%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Iceland WERE (2021 - 2022):
Vietnam-$382k (-100%)
Malaysia-$126k (-100%)
United States-$87.2k (-45%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Integrated Circuits were:
In 2022, Iceland's main importing competitors in Integrated Circuits were:

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Trade Value of Integrated Circuits by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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