2022
Exports
$4.56MWorld Rnk 58 / 157
Flag Rnk 63 / 935
2022
PRODUCT COMPLEXITY IN Unpackaged Medicaments
0.61Rnk 312 / 1025
2022
Imports
$2.22MWorld Rnk 118 / 215
Flag Rnk 397 / 1186

About

Exports In 2022, Iceland exported $4.56M in Unpackaged Medicaments, making it the 58th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 63rd most exported product in Iceland. The main destination of Unpackaged Medicaments exports from Iceland are: Switzerland ($3.7M), Slovakia ($742k), United Kingdom ($67.2k), South Korea ($51.1k), and Greenland ($92).

The fastest growing export markets for Unpackaged Medicaments of Iceland between 2021 and 2022 were Switzerland ($2.03M), Slovakia ($742k), and South Korea ($51.1k).

Imports In 2022, Iceland imported $2.22M in Unpackaged Medicaments, becoming the 118th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 397th most imported product in Iceland. Iceland imports Unpackaged Medicaments primarily from: Denmark ($1.65M), United Kingdom ($188k), Italy ($182k), Sweden ($57k), and Norway ($53k).

The fastest growing import markets in Unpackaged Medicaments for Iceland between 2021 and 2022 were Italy ($182k), United Kingdom ($27.6k), and Ireland ($1.89k).

Latest Trends

Aug 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 Unpackaged Medicaments. 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)$4.56M
IMPORTS (2022)$2.22M
NET TRADE (2022)$2.33M

In 2022, Iceland exported $4.56M in Unpackaged Medicaments. The main destinations of Iceland exports on Unpackaged Medicaments were Switzerland ($3.7M), Slovakia ($742k), United Kingdom ($67.2k), South Korea ($51.1k), and Greenland ($92).

In 2022, Iceland imported $2.22M in Unpackaged Medicaments, mainly from Denmark ($1.65M), United Kingdom ($188k), Italy ($182k), Sweden ($57k), and Norway ($53k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Switzerland$2.03M (122%)
Slovakia$742k (1%)
South Korea$51.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY Iceland WERE (2021 - 2022):
Poland-$179k (-100%)
United Kingdom-$28.6k (-29.8%)
United States-$748 (-97%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Unpackaged Medicaments were:
In 2022, Iceland's main importing competitors in Unpackaged Medicaments were:

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Trade Value of Unpackaged Medicaments by Exporters

Potential Exports

Potential Exports

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

See methodology.

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