2020
Exports
$3.09kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Palm Oil
-2.31Rnk 1012 / 1025
2020
Imports
$866kWorld Rnk 173 / 208
Flag Rnk 558 / 1186

About

Imports In 2022, Iceland imported $866k in Palm Oil, becoming the 173rd largest importer of Palm Oil in the world. At the same year, Palm Oil was the 558th most imported product in Iceland. Iceland imports Palm Oil primarily from: Norway ($326k), Sweden ($300k), Belgium ($115k), Denmark ($80.5k), and United Kingdom ($27.8k).

The fastest growing import markets in Palm Oil for Iceland between 2021 and 2022 were Sweden ($287k), Belgium ($46.7k), and Turkey ($637).

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 Palm Oil. 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 (2020)$3.09k
IMPORTS (2022)$866k
NET TRADE (2022)-$866k

In 2022, Iceland imported $866k in Palm Oil, mainly from Norway ($326k), Sweden ($300k), Belgium ($115k), Denmark ($80.5k), and United Kingdom ($27.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Palm Oil were:
In 2022, Iceland's main importing competitors in Palm Oil were:
India $11.1B
China $4.85B

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Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

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

Palm Oil’s highest export potential is N/A. With an export gap of N/A.   Palm Oil’s highest import potential is N/A with an import gap of N/A.

See methodology.

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