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Exports In 2022, Iceland exported $114k in Rubber Tires, making it the 132nd largest exporter of Rubber Tires in the world. At the same year, Rubber Tires was the 324th most exported product in Iceland. The main destination of Rubber Tires exports from Iceland are: United States ($49.5k), Norway ($46.7k), United Kingdom ($9.52k), Greenland ($2.75k), and Denmark ($2.35k).

The fastest growing export markets for Rubber Tires of Iceland between 2021 and 2022 were Norway ($44.2k), United States ($20.2k), and United Kingdom ($2.5k).

Imports In 2022, Iceland imported $48.4M in Rubber Tires, becoming the 121st largest importer of Rubber Tires in the world. At the same year, Rubber Tires was the 25th most imported product in Iceland. Iceland imports Rubber Tires primarily from: France ($9.39M), China ($8.89M), Sweden ($7.34M), Finland ($3.94M), and South Korea ($2.13M).

The fastest growing import markets in Rubber Tires for Iceland between 2021 and 2022 were China ($2.22M), France ($1.77M), and Finland ($791k).

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 Tires. 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

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EXPORTS (2022)$114k
IMPORTS (2022)$48.4M
NET TRADE (2022)-$48.3M

In 2022, Iceland exported $114k in Rubber Tires. The main destinations of Iceland exports on Rubber Tires were United States ($49.5k), Norway ($46.7k), United Kingdom ($9.52k), Greenland ($2.75k), and Denmark ($2.35k).

In 2022, Iceland imported $48.4M in Rubber Tires, mainly from France ($9.39M), China ($8.89M), Sweden ($7.34M), Finland ($3.94M), and South Korea ($2.13M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Tires EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Norway$44.2k (1.78k%)
United States$20.2k (69.1%)
United Kingdom$2.5k (35.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Tires BY Iceland WERE (2021 - 2022):
Netherlands-$17.5k (-100%)
South Africa-$12.1k (-100%)
Germany-$7.66k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Rubber Tires by Exporters

Potential Exports

Potential Exports

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

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