2022
Exports
$657kWorld Rnk 85 / 180
Flag Rnk 161 / 935
2022
PRODUCT COMPLEXITY IN Spark-Ignition Engines
1.15Rnk 117 / 1025
2022
Imports
$9.03MWorld Rnk 100 / 222
Flag Rnk 167 / 1186

About

Exports In 2022, Iceland exported $657k in Spark-Ignition Engines, making it the 85th largest exporter of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 161st most exported product in Iceland. The main destination of Spark-Ignition Engines exports from Iceland are: Italy ($351k), United Kingdom ($104k), Denmark ($98k), Norway ($42k), and Australia ($24.9k).

The fastest growing export markets for Spark-Ignition Engines of Iceland between 2021 and 2022 were Italy ($350k), United Kingdom ($98.2k), and Denmark ($98k).

Imports In 2022, Iceland imported $9.03M in Spark-Ignition Engines, becoming the 100th largest importer of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 167th most imported product in Iceland. Iceland imports Spark-Ignition Engines primarily from: Austria ($3.88M), Belgium ($2.55M), Germany ($555k), Japan ($329k), and United States ($287k).

The fastest growing import markets in Spark-Ignition Engines for Iceland between 2021 and 2022 were Austria ($3.81M), Germany ($272k), and Japan ($205k).

Latest Trends

Oct 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 Spark-Ignition Engines. 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)$657k
IMPORTS (2022)$9.03M
NET TRADE (2022)-$8.38M

In 2022, Iceland exported $657k in Spark-Ignition Engines. The main destinations of Iceland exports on Spark-Ignition Engines were Italy ($351k), United Kingdom ($104k), Denmark ($98k), Norway ($42k), and Australia ($24.9k).

In 2022, Iceland imported $9.03M in Spark-Ignition Engines, mainly from Austria ($3.88M), Belgium ($2.55M), Germany ($555k), Japan ($329k), and United States ($287k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spark-Ignition Engines EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Italy$350k (25.1k%)
United Kingdom$98.2k (1.81k%)
Denmark$98k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spark-Ignition Engines BY Iceland WERE (2021 - 2022):
Spain-$704 (-100%)
Netherlands-$365 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Spark-Ignition Engines were:
In 2022, Iceland's main importing competitors in Spark-Ignition Engines were:

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Trade Value of Spark-Ignition Engines by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Spark-Ignition Engines’s highest export potential is N/A. With an export gap of N/A.   Spark-Ignition Engines’s highest import potential is N/A with an import gap of N/A.

See methodology.

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