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Exports In 2022, Iceland exported $12.6M in Perfumery & cosmetics, making it the 99th largest exporter of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 22nd most exported product in Iceland. The main destination of Perfumery & cosmetics exports from Iceland are: United Kingdom ($2.86M), Germany ($2.42M), United States ($1.59M), China ($1.5M), and Hong Kong ($707k).

The fastest growing export markets for Perfumery & cosmetics of Iceland between 2021 and 2022 were United Kingdom ($1.24M), Norway ($84.1k), and Sweden ($82k).

Imports In 2022, Iceland imported $56.4M in Perfumery & cosmetics, becoming the 127th largest importer of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 29th most imported product in Iceland. Iceland imports Perfumery & cosmetics primarily from: Denmark ($14.3M), France ($6.6M), United Kingdom ($6.34M), United States ($4.53M), and Germany ($3.81M).

The fastest growing import markets in Perfumery & cosmetics for Iceland between 2021 and 2022 were Denmark ($2.75M), United States ($1.04M), and France ($825k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Perfumery & cosmetics. 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)$12.6M
IMPORTS (2022)$56.4M
NET TRADE (2022)-$43.9M

In 2022, Iceland exported $12.6M in Perfumery & cosmetics. The main destinations of Iceland exports on Perfumery & cosmetics were United Kingdom ($2.86M), Germany ($2.42M), United States ($1.59M), China ($1.5M), and Hong Kong ($707k).

In 2022, Iceland imported $56.4M in Perfumery & cosmetics, mainly from Denmark ($14.3M), France ($6.6M), United Kingdom ($6.34M), United States ($4.53M), and Germany ($3.81M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfumery & cosmetics EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
United Kingdom$1.24M (76.5%)
Norway$84.1k (28.2%)
Sweden$82k (31.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfumery & cosmetics BY Iceland WERE (2021 - 2022):
Hong Kong-$1.27M (-64.2%)
Germany-$1.14M (-32.1%)
Netherlands-$182k (-37.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Iceland's main exporting competitors in Perfumery & cosmetics were:
In 2022, Iceland's main importing competitors in Perfumery & cosmetics were:

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Trade Value of Perfumery & cosmetics by Exporters

Potential Exports

Potential Exports

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Perfumery & cosmetics’s highest export potential is N/A. With an export gap of N/A.   Perfumery & cosmetics’s highest import potential is N/A with an import gap of N/A.

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