Organic chemicals in Iceland | The Observatory of Economic Complexity

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Exports In 2022, Iceland exported $16.6M in Organic chemicals, making it the 91st largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 20th most exported product in Iceland. The main destination of Organic chemicals exports from Iceland are: Germany ($13M), Switzerland ($2.09M), United Kingdom ($1.16M), Poland ($102k), and Netherlands ($66.5k).

The fastest growing export markets for Organic chemicals of Iceland between 2021 and 2022 were Switzerland ($2.09M), United Kingdom ($1.15M), and Netherlands ($65.9k).

Imports In 2022, Iceland imported $21.6M in Organic chemicals, becoming the 134th largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 52nd most imported product in Iceland. Iceland imports Organic chemicals primarily from: Norway ($2.87M), Portugal ($2.6M), Belgium ($2.3M), India ($1.84M), and Denmark ($1.68M).

The fastest growing import markets in Organic chemicals for Iceland between 2021 and 2022 were Norway ($1.18M), China ($797k), and Vietnam ($738k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Organic chemicals from Iceland to the United States.

Feb 2024

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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 Organic chemicals. Countries are shown based on data availability.

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

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EXPORTS (2022)$16.6M

IMPORTS (2022)$21.6M

NET TRADE (2022)-$5.02M

In 2022, Iceland exported $16.6M in Organic chemicals. The main destinations of Iceland exports on Organic chemicals were Germany ($13M), Switzerland ($2.09M), United Kingdom ($1.16M), Poland ($102k), and Netherlands ($66.5k).

In 2022, Iceland imported $21.6M in Organic chemicals, mainly from Norway ($2.87M), Portugal ($2.6M), Belgium ($2.3M), India ($1.84M), and Denmark ($1.68M).