2023
Exports
$1.65MWorld Rnk 91 / 214
Flag Rnk 112 / 943
2023
PRODUCT COMPLEXITY IN Other Measuring Instruments
1.75Rnk 17 / 1025
2023
Imports
$9.4MWorld Rnk 99 / 224
Flag Rnk 170 / 1178

About

Exports In 2023, Iceland exported $1.65M in Other Measuring Instruments, making it the 91st largest exporter of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 112th most exported product in Iceland. The main destination of Other Measuring Instruments exports from Iceland are: Denmark ($356k), Chile ($171k), United States ($126k), Netherlands ($123k), and Norway ($117k).

The fastest growing export markets for Other Measuring Instruments of Iceland between 2022 and 2023 were Denmark ($202k), Chile ($161k), and Norway ($89.6k).

Imports In 2023, Iceland imported $9.4M in Other Measuring Instruments, becoming the 99th largest importer of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 170th most imported product in Iceland. Iceland imports Other Measuring Instruments primarily from: Germany ($2.44M), Norway ($855k), Italy ($755k), Denmark ($678k), and Sweden ($578k).

The fastest growing import markets in Other Measuring Instruments for Iceland between 2022 and 2023 were Germany ($1.05M), France ($301k), and Norway ($243k).

Latest Trends

Jan 2025

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 Measuring Instruments. 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 (2023)$1.65M
IMPORTS (2023)$9.4M
NET TRADE (2023)-$7.75M

In 2023, Iceland exported $1.65M in Other Measuring Instruments. The main destinations of Iceland exports on Other Measuring Instruments were Denmark ($356k), Chile ($171k), United States ($126k), Netherlands ($123k), and Norway ($117k).

In 2023, Iceland imported $9.4M in Other Measuring Instruments, mainly from Germany ($2.44M), Norway ($855k), Italy ($755k), Denmark ($678k), and Sweden ($578k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Measuring Instruments EXPORT MARKETS FOR Iceland WERE (2022 - 2023):
Denmark$202k (132%)
Chile$161k (1.55k%)
Norway$89.6k (329%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Measuring Instruments BY Iceland WERE (2022 - 2023):
Spain-$1.32M (-95.3%)
United States-$681k (-84.4%)
China-$208k (-95.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iceland's main exporting competitors in Other Measuring Instruments were:
In 2023, Iceland's main importing competitors in Other Measuring Instruments were:

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Trade Value of Other Measuring Instruments by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

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

See methodology.

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