Scrap Iron in Iceland | The Observatory of Economic Complexity

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Exports In 2022, Iceland exported $28.1M in Scrap Iron, making it the 82nd largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 21st most exported product in Iceland. The main destination of Scrap Iron exports from Iceland are: Latvia ($8.81M), Netherlands ($6.82M), Portugal ($5.94M), Spain ($3.08M), and Morocco ($956k).

The fastest growing export markets for Scrap Iron of Iceland between 2021 and 2022 were Latvia ($6.8M), Morocco ($956k), and Belgium ($687k).

Imports In 2022, Iceland imported $182k in Scrap Iron, becoming the 123rd largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 803rd most imported product in Iceland. Iceland imports Scrap Iron primarily from: United Kingdom ($178k), Denmark ($2.01k), United States ($1.35k), India ($432), and France ($277).

The fastest growing import markets in Scrap Iron for Iceland between 2021 and 2022 were United Kingdom ($178k), Denmark ($1.98k), and United States ($660).

Oct 2024

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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 Iron. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Year

EXPORTS (2022)$28.1M

IMPORTS (2022)$182k

NET TRADE (2022)$27.9M

In 2022, Iceland exported $28.1M in Scrap Iron. The main destinations of Iceland exports on Scrap Iron were Latvia ($8.81M), Netherlands ($6.82M), Portugal ($5.94M), Spain ($3.08M), and Morocco ($956k).

In 2022, Iceland imported $182k in Scrap Iron, mainly from United Kingdom ($178k), Denmark ($2.01k), United States ($1.35k), India ($432), and France ($277).