2022
Exports
$19.5kWorld Rnk 124 / 164
Flag Rnk 517 / 935
2022
PRODUCT COMPLEXITY IN Other Agricultural Machinery
0.88Rnk 213 / 1025
2022
Imports
$5.57MWorld Rnk 107 / 217
Flag Rnk 237 / 1186

About

Exports In 2022, Iceland exported $19.5k in Other Agricultural Machinery, making it the 124th largest exporter of Other Agricultural Machinery in the world. At the same year, Other Agricultural Machinery was the 517th most exported product in Iceland. The main destination of Other Agricultural Machinery exports from Iceland are: Germany ($7.07k), Belgium ($3.7k), Norway ($2.65k), Senegal ($1.93k), and Netherlands ($1.87k).

The fastest growing export markets for Other Agricultural Machinery of Iceland between 2021 and 2022 were Germany ($7.07k), Belgium ($2.57k), and Senegal ($1.93k).

Imports In 2022, Iceland imported $5.57M in Other Agricultural Machinery, becoming the 107th largest importer of Other Agricultural Machinery in the world. At the same year, Other Agricultural Machinery was the 237th most imported product in Iceland. Iceland imports Other Agricultural Machinery primarily from: Denmark ($1.74M), Germany ($1.24M), Netherlands ($1.21M), Vietnam ($395k), and Italy ($146k).

The fastest growing import markets in Other Agricultural Machinery for Iceland between 2021 and 2022 were Denmark ($1.21M), Vietnam ($395k), and Poland ($85k).

Latest Trends

Sep 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 Other Agricultural Machinery. 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)$19.5k
IMPORTS (2022)$5.57M
NET TRADE (2022)-$5.55M

In 2022, Iceland exported $19.5k in Other Agricultural Machinery. The main destinations of Iceland exports on Other Agricultural Machinery were Germany ($7.07k), Belgium ($3.7k), Norway ($2.65k), Senegal ($1.93k), and Netherlands ($1.87k).

In 2022, Iceland imported $5.57M in Other Agricultural Machinery, mainly from Denmark ($1.74M), Germany ($1.24M), Netherlands ($1.21M), Vietnam ($395k), and Italy ($146k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Agricultural Machinery EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Germany$7.07k (1%)
Belgium$2.57k (227%)
Senegal$1.93k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Agricultural Machinery BY Iceland WERE (2021 - 2022):
Norway-$64.6k (-96.1%)
Denmark-$1.66k (-61.5%)
Slovakia-$95 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Other Agricultural Machinery were:
In 2022, Iceland's main importing competitors in Other Agricultural Machinery were:

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Trade Value of Other Agricultural Machinery by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

Other Agricultural Machinery’s highest export potential is N/A. With an export gap of N/A.   Other Agricultural Machinery’s highest import potential is N/A with an import gap of N/A.

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