2022
Exports
$626kWorld Rnk 118 / 225
Flag Rnk 169 / 935
2022
PRODUCT COMPLEXITY IN Low-voltage Protection Equipment
0.56Rnk 342 / 1025
2022
Imports
$24.9MWorld Rnk 116 / 226
Flag Rnk 68 / 1186

About

Exports In 2022, Iceland exported $626k in Low-voltage Protection Equipment, making it the 118th largest exporter of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 169th most exported product in Iceland. The main destination of Low-voltage Protection Equipment exports from Iceland are: United Kingdom ($224k), Denmark ($76.1k), United States ($57.7k), New Zealand ($25.4k), and Germany ($23.8k).

The fastest growing export markets for Low-voltage Protection Equipment of Iceland between 2021 and 2022 were United Kingdom ($127k), Italy ($15k), and South Korea ($10.7k).

Imports In 2022, Iceland imported $24.9M in Low-voltage Protection Equipment, becoming the 116th largest importer of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 68th most imported product in Iceland. Iceland imports Low-voltage Protection Equipment primarily from: Germany ($6.99M), Sweden ($2.69M), France ($2.51M), China ($1.43M), and Italy ($1.37M).

The fastest growing import markets in Low-voltage Protection Equipment for Iceland between 2021 and 2022 were Norway ($825k), France ($691k), and United Kingdom ($663k).

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 Low-voltage Protection Equipment. 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)$626k
IMPORTS (2022)$24.9M
NET TRADE (2022)-$24.2M

In 2022, Iceland exported $626k in Low-voltage Protection Equipment. The main destinations of Iceland exports on Low-voltage Protection Equipment were United Kingdom ($224k), Denmark ($76.1k), United States ($57.7k), New Zealand ($25.4k), and Germany ($23.8k).

In 2022, Iceland imported $24.9M in Low-voltage Protection Equipment, mainly from Germany ($6.99M), Sweden ($2.69M), France ($2.51M), China ($1.43M), and Italy ($1.37M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Low-voltage Protection Equipment EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
United Kingdom$127k (130%)
Italy$15k (14.4k%)
South Korea$10.7k (629%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Low-voltage Protection Equipment BY Iceland WERE (2021 - 2022):
Denmark-$114k (-60.1%)
Namibia-$48.6k (-99.8%)
Slovakia-$44.8k (-68%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Low-voltage Protection Equipment were:
In 2022, Iceland's main importing competitors in Low-voltage Protection Equipment were:

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Trade Value of Low-voltage Protection Equipment by Exporters

Potential Exports

Potential Exports

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

Low-voltage Protection Equipment’s highest export potential is N/A. With an export gap of N/A.   Low-voltage Protection Equipment’s highest import potential is N/A with an import gap of N/A.

See methodology.

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