Tool Sets in Iceland | The Observatory of Economic Complexity

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Exports In 2022, Iceland exported $49.9k in Tool Sets, making it the 88th largest exporter of Tool Sets in the world. At the same year, Tool Sets was the 420th most exported product in Iceland. The main destination of Tool Sets exports from Iceland are: Norway ($31.5k), United Kingdom ($6.53k), Netherlands ($4.59k), Belgium ($3.69k), and Hungary ($1.77k).

The fastest growing export markets for Tool Sets of Iceland between 2021 and 2022 were Norway ($23.8k), United Kingdom ($6.53k), and Netherlands ($3.86k).

Imports In 2022, Iceland imported $761k in Tool Sets, becoming the 116th largest importer of Tool Sets in the world. At the same year, Tool Sets was the 579th most imported product in Iceland. Iceland imports Tool Sets primarily from: Germany ($136k), China ($101k), Chinese Taipei ($99.1k), Netherlands ($96.5k), and Poland ($86k).

The fastest growing import markets in Tool Sets for Iceland between 2021 and 2022 were Sweden ($36.1k), Poland ($20.9k), and Italy ($14.5k).

Nov 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 Tool Sets. Countries are shown based on data availability.

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

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EXPORTS (2022)$49.9k

IMPORTS (2022)$761k

NET TRADE (2022)-$711k

In 2022, Iceland exported $49.9k in Tool Sets. The main destinations of Iceland exports on Tool Sets were Norway ($31.5k), United Kingdom ($6.53k), Netherlands ($4.59k), Belgium ($3.69k), and Hungary ($1.77k).

In 2022, Iceland imported $761k in Tool Sets, mainly from Germany ($136k), China ($101k), Chinese Taipei ($99.1k), Netherlands ($96.5k), and Poland ($86k).