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Exports In 2022, Iceland exported $8.43M in Scrap Aluminium, making it the 95th largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 44th most exported product in Iceland. The main destination of Scrap Aluminium exports from Iceland are: United Kingdom ($7.04M), Netherlands ($989k), Germany ($165k), India ($89.8k), and Turkey ($47.7k).

The fastest growing export markets for Scrap Aluminium of Iceland between 2021 and 2022 were United Kingdom ($1.34M), Netherlands ($165k), and Germany ($129k).

Imports In 2022, Iceland imported $652k in Scrap Aluminium, becoming the 89th largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 614th most imported product in Iceland. Iceland imports Scrap Aluminium primarily from: Israel ($627k) and Canada ($24.7k).

The fastest growing import markets in Scrap Aluminium for Iceland between 2021 and 2022 were Israel ($627k) and Canada ($24.7k).

COMPANIES In 2023, leading companies such as Barry Callebaut (1) were at the forefront of shipping Scrap Aluminium from Iceland to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

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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 Scrap Aluminium. 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)$8.43M
IMPORTS (2022)$652k
NET TRADE (2022)$7.78M

In 2022, Iceland exported $8.43M in Scrap Aluminium. The main destinations of Iceland exports on Scrap Aluminium were United Kingdom ($7.04M), Netherlands ($989k), Germany ($165k), India ($89.8k), and Turkey ($47.7k).

In 2022, Iceland imported $652k in Scrap Aluminium, mainly from Israel ($627k) and Canada ($24.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
United Kingdom$1.34M (23.6%)
Netherlands$165k (20.1%)
Germany$129k (357%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY Iceland WERE (2021 - 2022):
Denmark-$161k (-100%)
Hong Kong-$101k (-100%)
Norway-$16k (-64.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Iceland's main exporting competitors in Scrap Aluminium were:
In 2022, Iceland's main importing competitors in Scrap Aluminium were:

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Trade Value of Scrap Aluminium by Exporters

Potential Exports

Potential Exports

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

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