2022
Exports
$94.4kWorld Rnk 96 / 202
Flag Rnk 346 / 935
2022
PRODUCT COMPLEXITY IN Rubber Belting
0.48Rnk 373 / 1025
2022
Imports
$1.97MWorld Rnk 135 / 224
Flag Rnk 427 / 1186

About

Exports In 2022, Iceland exported $94.4k in Rubber Belting, making it the 96th largest exporter of Rubber Belting in the world. At the same year, Rubber Belting was the 346th most exported product in Iceland. The main destination of Rubber Belting exports from Iceland are: Norway ($51.3k), United States ($10.1k), United Kingdom ($9.46k), Greenland ($4.82k), and Denmark ($4.43k).

The fastest growing export markets for Rubber Belting of Iceland between 2021 and 2022 were Norway ($48k), United Kingdom ($7.07k), and United States ($5.42k).

Imports In 2022, Iceland imported $1.97M in Rubber Belting, becoming the 135th largest importer of Rubber Belting in the world. At the same year, Rubber Belting was the 427th most imported product in Iceland. Iceland imports Rubber Belting primarily from: Denmark ($418k), Germany ($338k), Netherlands ($326k), China ($108k), and United States ($97.8k).

The fastest growing import markets in Rubber Belting for Iceland between 2021 and 2022 were Denmark ($374k), Netherlands ($200k), and China ($77.3k).

Latest Trends

Nov 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 Rubber Belting. 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)$94.4k
IMPORTS (2022)$1.97M
NET TRADE (2022)-$1.88M

In 2022, Iceland exported $94.4k in Rubber Belting. The main destinations of Iceland exports on Rubber Belting were Norway ($51.3k), United States ($10.1k), United Kingdom ($9.46k), Greenland ($4.82k), and Denmark ($4.43k).

In 2022, Iceland imported $1.97M in Rubber Belting, mainly from Denmark ($418k), Germany ($338k), Netherlands ($326k), China ($108k), and United States ($97.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Belting EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Norway$48k (1.48k%)
United Kingdom$7.07k (296%)
United States$5.42k (116%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Belting BY Iceland WERE (2021 - 2022):
Denmark-$80.6k (-94.8%)
Germany-$11k (-99.8%)
Canada-$4.93k (-99.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Rubber Belting were:
In 2022, Iceland's main importing competitors in Rubber Belting were:

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Trade Value of Rubber Belting by Exporters

Potential Exports

Potential Exports

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

See methodology.

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