2022
Exports
$1.15kWorld Rnk 154 / 162
Flag Rnk 768 / 935
2022
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.3Rnk 911 / 1025
2022
Imports
$29.9MWorld Rnk 107 / 217
Flag Rnk 49 / 1186

About

Exports In 2022, Iceland exported $1.15k in Raw Iron Bars, making it the 154th largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 768th most exported product in Iceland. The main destination of Raw Iron Bars exports from Iceland are: Denmark ($1.15k).

The fastest growing export markets for Raw Iron Bars of Iceland between 2021 and 2022 were Denmark ($901).

Imports In 2022, Iceland imported $29.9M in Raw Iron Bars, becoming the 107th largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 49th most imported product in Iceland. Iceland imports Raw Iron Bars primarily from: Turkey ($11.7M), Spain ($6.29M), Portugal ($3M), Lithuania ($1.95M), and China ($1.79M).

The fastest growing import markets in Raw Iron Bars for Iceland between 2021 and 2022 were Turkey ($11.6M), Spain ($6.29M), and Portugal ($3M).

Latest Trends

Mar 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 Iron Bars. 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)$1.15k
IMPORTS (2022)$29.9M
NET TRADE (2022)-$29.9M

In 2022, Iceland exported $1.15k in Raw Iron Bars. The main destinations of Iceland exports on Raw Iron Bars were Denmark ($1.15k).

In 2022, Iceland imported $29.9M in Raw Iron Bars, mainly from Turkey ($11.7M), Spain ($6.29M), Portugal ($3M), Lithuania ($1.95M), and China ($1.79M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Iceland WERE (2021 - 2022):Denmark$901 (365%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Raw Iron Bars were:
Turkey $4.24B
Italy $1.71B
In 2022, Iceland's main importing competitors in Raw Iron Bars were:

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Trade Value of Raw Iron Bars by Exporters

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