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Exports In 2022, Iceland exported $1.94M in Office Machine Parts, making it the 95th largest exporter of Office Machine Parts in the world. At the same year, Office Machine Parts was the 96th most exported product in Iceland. The main destination of Office Machine Parts exports from Iceland are: Netherlands ($474k), Denmark ($375k), United Kingdom ($247k), Norway ($204k), and United States ($158k).

The fastest growing export markets for Office Machine Parts of Iceland between 2021 and 2022 were Norway ($118k), United Kingdom ($80.5k), and Denmark ($69.5k).

Imports In 2022, Iceland imported $54M in Office Machine Parts, becoming the 92nd largest importer of Office Machine Parts in the world. At the same year, Office Machine Parts was the 22nd most imported product in Iceland. Iceland imports Office Machine Parts primarily from: China ($18.3M), Netherlands ($7.6M), Denmark ($6.28M), Germany ($4.22M), and Chinese Taipei ($2.91M).

The fastest growing import markets in Office Machine Parts for Iceland between 2021 and 2022 were Netherlands ($2.47M), Denmark ($1.41M), and Chinese Taipei ($723k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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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 Office Machine Parts. 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)$1.94M
IMPORTS (2022)$54M
NET TRADE (2022)-$52.1M

In 2022, Iceland exported $1.94M in Office Machine Parts. The main destinations of Iceland exports on Office Machine Parts were Netherlands ($474k), Denmark ($375k), United Kingdom ($247k), Norway ($204k), and United States ($158k).

In 2022, Iceland imported $54M in Office Machine Parts, mainly from China ($18.3M), Netherlands ($7.6M), Denmark ($6.28M), Germany ($4.22M), and Chinese Taipei ($2.91M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Office Machine Parts EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Norway$118k (136%)
United Kingdom$80.5k (48.4%)
Denmark$69.5k (22.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Office Machine Parts BY Iceland WERE (2021 - 2022):
China-$718k (-95.2%)
Laos-$389k (-100%)
Russia-$81.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Iceland's main exporting competitors in Office Machine Parts were:
In 2022, Iceland's main importing competitors in Office Machine Parts were:

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Trade Value of Office Machine Parts by Exporters

Potential Exports

Potential Exports

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Office Machine Parts’s highest export potential is N/A. With an export gap of N/A.   Office Machine Parts’s highest import potential is N/A with an import gap of N/A.

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