Lifting Machinery in Iceland | The Observatory of Economic Complexity

About

Exports In 2022, Iceland exported $16.6M in Lifting Machinery, making it the 53rd largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 30th most exported product in Iceland. The main destination of Lifting Machinery exports from Iceland are: United Kingdom ($3.85M), Netherlands ($3.79M), Norway ($2.91M), United States ($2.47M), and Canada ($1.53M).

The fastest growing export markets for Lifting Machinery of Iceland between 2021 and 2022 were United Kingdom ($1.96M), France ($283k), and Australia ($145k).

Imports In 2022, Iceland imported $31.2M in Lifting Machinery, becoming the 87th largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 47th most imported product in Iceland. Iceland imports Lifting Machinery primarily from: Netherlands ($7.15M), Austria ($4.78M), Germany ($3.27M), Italy ($2.85M), and France ($2.8M).

The fastest growing import markets in Lifting Machinery for Iceland between 2021 and 2022 were Austria ($4.74M), Netherlands ($3.06M), and France ($2.58M).

Mar 2024

View

LinePlot

StackedArea

Flow

Exports

Imports

Y-AXIS SCALE

Linear

Log

Value

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 Lifting Machinery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$16.6M

IMPORTS (2022)$31.2M

NET TRADE (2022)-$14.6M

In 2022, Iceland exported $16.6M in Lifting Machinery. The main destinations of Iceland exports on Lifting Machinery were United Kingdom ($3.85M), Netherlands ($3.79M), Norway ($2.91M), United States ($2.47M), and Canada ($1.53M).

In 2022, Iceland imported $31.2M in Lifting Machinery, mainly from Netherlands ($7.15M), Austria ($4.78M), Germany ($3.27M), Italy ($2.85M), and France ($2.8M).