2022
Exports
$91.5kWorld Rnk 79 / 161
Flag Rnk 349 / 935
2022
PRODUCT COMPLEXITY IN Metal Finishing Machines
1.51Rnk 48 / 1025
2022
Imports
$573kWorld Rnk 103 / 210
Flag Rnk 633 / 1186

About

Exports In 2022, Iceland exported $91.5k in Metal Finishing Machines, making it the 79th largest exporter of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 349th most exported product in Iceland. The main destination of Metal Finishing Machines exports from Iceland are: Denmark ($34.1k), United States ($22.7k), Sweden ($22.5k), Netherlands ($11.4k), and Greenland ($749).

The fastest growing export markets for Metal Finishing Machines of Iceland between 2021 and 2022 were Denmark ($34.1k), Sweden ($22.5k), and Netherlands ($11.4k).

Imports In 2022, Iceland imported $573k in Metal Finishing Machines, becoming the 103rd largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 633rd most imported product in Iceland. Iceland imports Metal Finishing Machines primarily from: Sweden ($193k), Germany ($156k), United Kingdom ($47.4k), Netherlands ($46.5k), and China ($43.7k).

The fastest growing import markets in Metal Finishing Machines for Iceland between 2021 and 2022 were Sweden ($144k), United Kingdom ($21.2k), and Turkey ($20.2k).

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 Metal Finishing Machines. 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)$91.5k
IMPORTS (2022)$573k
NET TRADE (2022)-$481k

In 2022, Iceland exported $91.5k in Metal Finishing Machines. The main destinations of Iceland exports on Metal Finishing Machines were Denmark ($34.1k), United States ($22.7k), Sweden ($22.5k), Netherlands ($11.4k), and Greenland ($749).

In 2022, Iceland imported $573k in Metal Finishing Machines, mainly from Sweden ($193k), Germany ($156k), United Kingdom ($47.4k), Netherlands ($46.5k), and China ($43.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Finishing Machines EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Denmark$34.1k (1%)
Sweden$22.5k (1%)
Netherlands$11.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Finishing Machines BY Iceland WERE (2021 - 2022):
Spain-$14.2k (-100%)
Burma-$2.5k (-100%)
United States-$1.81k (-7.37%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Metal Finishing Machines were:
In 2022, Iceland's main importing competitors in Metal Finishing Machines were:

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Trade Value of Metal Finishing Machines by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

Metal Finishing Machines’s highest export potential is N/A. With an export gap of N/A.   Metal Finishing Machines’s highest import potential is N/A with an import gap of N/A.

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