2023
Exports
$214World Rnk 126 / 148
Flag Rnk 842 / 943
2023
PRODUCT COMPLEXITY IN Pastes and Waxes
1.24Rnk 92 / 1025
2023
Imports
$228kWorld Rnk 115 / 203
Flag Rnk 765 / 1178

About

Exports In 2023, Iceland exported $214 in Pastes and Waxes, making it the 126th largest exporter of Pastes and Waxes in the world. At the same year, Pastes and Waxes was the 842nd most exported product in Iceland. The main destination of Pastes and Waxes exports from Iceland are: Bahamas ($130), Canada ($70), Denmark ($10), China ($2), and Czechia ($2).

The fastest growing export markets for Pastes and Waxes of Iceland between 2022 and 2023 were Bahamas ($130), Canada ($70), and China ($2).

Imports In 2023, Iceland imported $228k in Pastes and Waxes, becoming the 115th largest importer of Pastes and Waxes in the world. At the same year, Pastes and Waxes was the 765th most imported product in Iceland. Iceland imports Pastes and Waxes primarily from: Germany ($68.8k), China ($48.3k), Netherlands ($33.1k), Italy ($16.4k), and Romania ($12.9k).

The fastest growing import markets in Pastes and Waxes for Iceland between 2022 and 2023 were Netherlands ($9.64k), Spain ($3.51k), and France ($2.7k).

Latest Trends

Dec 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 Pastes and Waxes. 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)$214
IMPORTS (2023)$228k
NET TRADE (2023)-$228k

In 2023, Iceland exported $214 in Pastes and Waxes. The main destinations of Iceland exports on Pastes and Waxes were Bahamas ($130), Canada ($70), Denmark ($10), China ($2), and Czechia ($2).

In 2023, Iceland imported $228k in Pastes and Waxes, mainly from Germany ($68.8k), China ($48.3k), Netherlands ($33.1k), Italy ($16.4k), and Romania ($12.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pastes and Waxes EXPORT MARKETS FOR Iceland WERE (2022 - 2023):
Bahamas$130 (1%)
Canada$70 (1%)
China$2 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pastes and Waxes BY Iceland WERE (2022 - 2023):
Denmark-$17 (-63%)
Poland-$1 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iceland's main exporting competitors in Pastes and Waxes were:
In 2023, Iceland's main importing competitors in Pastes and Waxes were:

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Trade Value of Pastes and Waxes by Exporters

Potential Exports

Potential Exports

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

Pastes and Waxes’s highest export potential is N/A. With an export gap of N/A.   Pastes and Waxes’s highest import potential is N/A with an import gap of N/A.

See methodology.

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