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2023
Exports $8.18MWorld Rnk 95 / 198
Flag Rnk 52 / 943
2023
Destination $63.6k United Kingdom
2022 - 2023
FASTEST GROWING MARKET $63.6kGermany
2023
PRODUCT COMPLEXITY IN Scrap Aluminium-0.71Rnk 761 / 1025
2023
Imports $44.8kWorld Rnk 111 / 152
Flag Rnk 968 / 1178
2023
Origin $44.8k United Arab Emirates
2022 - 2023
FASTEST GROWING ORIGIN $44.8kUnited Arab Emirates

About

Exports In 2023, Iceland exported $8.18M in Scrap Aluminium, making it the 95th largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 52nd most exported product in Iceland. The main destination of Scrap Aluminium exports from Iceland are: United Kingdom ($6.68M), Netherlands ($1.25M), Germany ($205k), Czechia ($17.4k), and Spain ($15.9k).

The fastest growing export markets for Scrap Aluminium of Iceland between 2022 and 2023 were Germany ($63.6k), United Kingdom ($23.3k), and Spain ($15.9k).

Imports In 2023, Iceland imported $44.8k in Scrap Aluminium, becoming the 111th largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 968th most imported product in Iceland. Iceland imports Scrap Aluminium primarily from: United Arab Emirates ($44.8k) and Netherlands ($32).

The fastest growing import markets in Scrap Aluminium for Iceland between 2022 and 2023 were United Arab Emirates ($44.8k) and Netherlands ($32).

Latest Trends

Jan 2025

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 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

Color
EXPORTS (2023)$8.18M
IMPORTS (2023)$44.8k
NET TRADE (2023)$8.14M

In 2023, Iceland exported $8.18M in Scrap Aluminium. The main destinations of Iceland exports on Scrap Aluminium were United Kingdom ($6.68M), Netherlands ($1.25M), Germany ($205k), Czechia ($17.4k), and Spain ($15.9k).

In 2023, Iceland imported $44.8k in Scrap Aluminium, mainly from United Arab Emirates ($44.8k) and Netherlands ($32).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR Iceland WERE (2022 - 2023):
Germany$63.6k (45%)
United Kingdom$23.3k (0.35%)
Spain$15.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY Iceland WERE (2022 - 2023):
India-$89.8k (-100%)
Turkey-$52.1k (-100%)
South Korea-$48.1k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iceland's main exporting competitors in Scrap Aluminium were:
United States $3.45B
Germany $2.06B
Canada $1.2B
In 2023, Iceland's main importing competitors in Scrap Aluminium were:
India $3.57B
China $2.47B
Germany $1.68B

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Trade Value of Scrap Aluminium by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

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.

See methodology.

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