Exports In 2023, Iceland exported $133M in Refined Petroleum, making it the 100th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 11th most exported product in Iceland. The main destination of Refined Petroleum exports from Iceland are: Greenland ($36M), United States ($29.1M), Bahamas ($18.9M), Antigua and Barbuda ($9.7M), and Denmark ($9.48M).
The fastest growing export markets for Refined Petroleum of Iceland between 2022 and 2023 were Greenland ($19M), Bahamas ($3.26M), and Canada ($3.07M).
Imports In 2023, Iceland imported $1.16B in Refined Petroleum, becoming the 103rd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Iceland. Iceland imports Refined Petroleum primarily from: Norway ($552M), Kuwait ($234M), United States ($136M), Denmark ($54.8M), and Netherlands ($45.1M).
The fastest growing import markets in Refined Petroleum for Iceland between 2022 and 2023 were Kuwait ($109M), United States ($35.7M), and Netherlands ($17.7M).