2018
Exports
$6.05MWorld Rnk 45 / 130
Flag Rnk 53 / 935
2022
PRODUCT COMPLEXITY IN Phosphinates (hypophosphites) and phosphonates (phosphites)
-0.12Rnk 588 / 1025
2018
Imports
$8.15MWorld Rnk 84 / 203
Flag Rnk 185 / 1186

About

Exports In 2018, Iceland exported $6.05M in Phosphinates (hypophosphites) and phosphonates (phosphites), making it the 45th largest exporter of Phosphinates (hypophosphites) and phosphonates (phosphites) in the world. At the same year, Phosphinates (hypophosphites) and phosphonates (phosphites) was the 53rd most exported product in Iceland. The main destination of Phosphinates (hypophosphites) and phosphonates (phosphites) exports from Iceland are: United States ($2.31M), Greenland ($2.15M), Canada ($1.2M), Norway ($298k), and Italy ($33.5k).

The fastest growing export markets for Phosphinates (hypophosphites) and phosphonates (phosphites) of Iceland between 2021 and 2022 were Greenland ($880k), United States ($215k), and United Kingdom ($17.2k).

Imports In 2022, Iceland imported $8.15M in Phosphinates (hypophosphites) and phosphonates (phosphites), becoming the 84th largest importer of Phosphinates (hypophosphites) and phosphonates (phosphites) in the world. At the same year, Phosphinates (hypophosphites) and phosphonates (phosphites) was the 185th most imported product in Iceland. Iceland imports Phosphinates (hypophosphites) and phosphonates (phosphites) primarily from: China ($4.13M), Germany ($941k), Netherlands ($742k), Sweden ($710k), and Belgium ($664k).

The fastest growing import markets in Phosphinates (hypophosphites) and phosphonates (phosphites) for Iceland between 2021 and 2022 were China ($2.27M), Sweden ($276k), and Spain ($195k).

Latest Trends

Jul 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 Phosphinates (hypophosphites) and phosphonates (phosphites). 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)$6.05M
IMPORTS (2022)$8.15M
NET TRADE (2022)-$2.1M

In 2022, Iceland exported $6.05M in Phosphinates (hypophosphites) and phosphonates (phosphites). The main destinations of Iceland exports on Phosphinates (hypophosphites) and phosphonates (phosphites) were United States ($2.31M), Greenland ($2.15M), Canada ($1.2M), Norway ($298k), and Italy ($33.5k).

In 2022, Iceland imported $8.15M in Phosphinates (hypophosphites) and phosphonates (phosphites), mainly from China ($4.13M), Germany ($941k), Netherlands ($742k), Sweden ($710k), and Belgium ($664k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Phosphinates (hypophosphites) and phosphonates (phosphites) EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Greenland$880k (69.1%)
United States$215k (10.3%)
United Kingdom$17.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phosphinates (hypophosphites) and phosphonates (phosphites) BY Iceland WERE (2021 - 2022):
Norway-$322k (-51.9%)
Peru-$64.7k (-100%)
Italy-$20.7k (-38.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Phosphinates (hypophosphites) and phosphonates (phosphites) were:
In 2022, Iceland's main importing competitors in Phosphinates (hypophosphites) and phosphonates (phosphites) were:

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Trade Value of Phosphinates (hypophosphites) and phosphonates (phosphites) by Exporters

Potential Exports

Potential Exports

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

Phosphinates (hypophosphites) and phosphonates (phosphites)’s highest export potential is N/A. With an export gap of N/A.   Phosphinates (hypophosphites) and phosphonates (phosphites)’s highest import potential is N/A with an import gap of N/A.

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