2022
Exports
$1.9kWorld Rnk 114 / 133
Flag Rnk 733 / 935
2022
PRODUCT COMPLEXITY IN Raw Cotton
-2.57Rnk 1022 / 1025
2022
Imports
$4.68kWorld Rnk 146 / 183
Flag Rnk 1105 / 1186

About

Exports In 2022, Iceland exported $1.9k in Raw Cotton, making it the 114th largest exporter of Raw Cotton in the world. At the same year, Raw Cotton was the 733rd most exported product in Iceland. The main destination of Raw Cotton exports from Iceland are: Belgium ($978) and Sweden ($923).

The fastest growing export markets for Raw Cotton of Iceland between 2021 and 2022 were Belgium ($978).

Imports In 2022, Iceland imported $4.68k in Raw Cotton, becoming the 146th largest importer of Raw Cotton in the world. At the same year, Raw Cotton was the 1105th most imported product in Iceland. Iceland imports Raw Cotton primarily from: China ($1.77k), Denmark ($1.25k), United States ($383), Italy ($375), and United Kingdom ($282).

The fastest growing import markets in Raw Cotton for Iceland between 2021 and 2022 were Denmark ($1.25k), Italy ($318), and China ($279).

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 Raw Cotton. 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)$1.9k
IMPORTS (2022)$4.68k
NET TRADE (2022)-$2.78k

In 2022, Iceland exported $1.9k in Raw Cotton. The main destinations of Iceland exports on Raw Cotton were Belgium ($978) and Sweden ($923).

In 2022, Iceland imported $4.68k in Raw Cotton, mainly from China ($1.77k), Denmark ($1.25k), United States ($383), Italy ($375), and United Kingdom ($282).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Cotton EXPORT MARKETS FOR Iceland WERE (2021 - 2022):Belgium$978 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Cotton BY Iceland WERE (2021 - 2022):
Vietnam-$752k (-100%)
Sweden-$3.49k (-79.1%)
Netherlands-$181 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Raw Cotton were:
In 2022, Iceland's main importing competitors in Raw Cotton were:

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Trade Value of Raw Cotton by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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