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2022
Exports $369kWorld Rnk 92 / 184
Flag Rnk 212 / 935
2022
Destination $43.9k United Kingdom
2021 - 2022
FASTEST GROWING MARKET $43.9kItaly
2022
PRODUCT COMPLEXITY IN Knit Men's Coats-1.3Rnk 907 / 1025
2022
Imports $3.65MWorld Rnk 67 / 209
Flag Rnk 311 / 1186
2022
Origin $183k Latvia
2021 - 2022
FASTEST GROWING ORIGIN $183kLatvia

About

Exports In 2022, Iceland exported $369k in Knit Men's Coats, making it the 92nd largest exporter of Knit Men's Coats in the world. At the same year, Knit Men's Coats was the 212th most exported product in Iceland. The main destination of Knit Men's Coats exports from Iceland are: United Kingdom ($90.1k), United States ($73k), Germany ($70.9k), Italy ($45k), and Denmark ($38.6k).

The fastest growing export markets for Knit Men's Coats of Iceland between 2021 and 2022 were Italy ($43.9k), United States ($35.2k), and Denmark ($25.9k).

Imports In 2022, Iceland imported $3.65M in Knit Men's Coats, becoming the 67th largest importer of Knit Men's Coats in the world. At the same year, Knit Men's Coats was the 311th most imported product in Iceland. Iceland imports Knit Men's Coats primarily from: Latvia ($1.27M), China ($385k), Sweden ($210k), Germany ($203k), and United States ($181k).

The fastest growing import markets in Knit Men's Coats for Iceland between 2021 and 2022 were Latvia ($183k), United States ($167k), and China ($146k).

Latest Trends

Jul 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 Knit Men's Coats. 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)$369k
IMPORTS (2022)$3.65M
NET TRADE (2022)-$3.28M

In 2022, Iceland exported $369k in Knit Men's Coats. The main destinations of Iceland exports on Knit Men's Coats were United Kingdom ($90.1k), United States ($73k), Germany ($70.9k), Italy ($45k), and Denmark ($38.6k).

In 2022, Iceland imported $3.65M in Knit Men's Coats, mainly from Latvia ($1.27M), China ($385k), Sweden ($210k), Germany ($203k), and United States ($181k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Coats EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Italy$43.9k (3.91k%)
United States$35.2k (93.1%)
Denmark$25.9k (203%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Coats BY Iceland WERE (2021 - 2022):
United Kingdom-$21.2k (-19.1%)
Germany-$13.8k (-16.3%)
Sweden-$3.18k (-34.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Knit Men's Coats were:
China $843M
Vietnam $460M
Bangladesh $301M
In 2022, Iceland's main importing competitors in Knit Men's Coats were:
United States $975M
Germany $495M
United Kingdom $214M

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Trade Value of Knit Men's Coats by Exporters

Potential Exports

Potential Exports

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N/A
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Knit Men's Coats’s highest export potential is N/A. With an export gap of N/A.   Knit Men's Coats’s highest import potential is N/A with an import gap of N/A.

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