2022
Exports
$28.3MWorld Rnk 26 / 184
Flag Rnk 20 / 935
2022
PRODUCT COMPLEXITY IN Other Inedible Animal Products
-0.69Rnk 756 / 1025
2022
Imports
$22.8MWorld Rnk 34 / 194
Flag Rnk 76 / 1186

About

Exports In 2022, Iceland exported $28.3M in Other Inedible Animal Products, making it the 26th largest exporter of Other Inedible Animal Products in the world. At the same year, Other Inedible Animal Products was the 20th most exported product in Iceland. The main destination of Other Inedible Animal Products exports from Iceland are: Norway ($9.02M), Denmark ($7.03M), United States ($5.23M), Canada ($2.24M), and United Kingdom ($1.8M).

The fastest growing export markets for Other Inedible Animal Products of Iceland between 2021 and 2022 were Norway ($4.88M), Denmark ($2.14M), and United Kingdom ($1.57M).

Imports In 2022, Iceland imported $22.8M in Other Inedible Animal Products, becoming the 34th largest importer of Other Inedible Animal Products in the world. At the same year, Other Inedible Animal Products was the 76th most imported product in Iceland. Iceland imports Other Inedible Animal Products primarily from: Denmark ($13.7M), Norway ($5.17M), Greenland ($3.3M), South Korea ($419k), and France ($55.2k).

The fastest growing import markets in Other Inedible Animal Products for Iceland between 2021 and 2022 were Denmark ($11.8M), Norway ($4.36M), and Greenland ($1.88M).

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 Other Inedible Animal Products. 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)$28.3M
IMPORTS (2022)$22.8M
NET TRADE (2022)$5.53M

In 2022, Iceland exported $28.3M in Other Inedible Animal Products. The main destinations of Iceland exports on Other Inedible Animal Products were Norway ($9.02M), Denmark ($7.03M), United States ($5.23M), Canada ($2.24M), and United Kingdom ($1.8M).

In 2022, Iceland imported $22.8M in Other Inedible Animal Products, mainly from Denmark ($13.7M), Norway ($5.17M), Greenland ($3.3M), South Korea ($419k), and France ($55.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Inedible Animal Products EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Norway$4.88M (118%)
Denmark$2.14M (43.9%)
United Kingdom$1.57M (685%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Inedible Animal Products BY Iceland WERE (2021 - 2022):
Netherlands-$30.9k (-53.4%)
Chile-$22.1k (-100%)
Bulgaria-$18.9k (-43.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Other Inedible Animal Products were:
In 2022, Iceland's main importing competitors in Other Inedible Animal Products were:

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Trade Value of Other Inedible Animal Products by Exporters

Potential Exports

Potential Exports

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Other Inedible Animal Products’s highest export potential is N/A. With an export gap of N/A.   Other Inedible Animal Products’s highest import potential is N/A with an import gap of N/A.

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