2022
Exports
$1.11MWorld Rnk 91 / 200
Flag Rnk 123 / 935
2022
PRODUCT COMPLEXITY IN Washing and Bottling Machines
0.96Rnk 191 / 1025
2022
Imports
$21.9MWorld Rnk 105 / 224
Flag Rnk 79 / 1186

About

Exports In 2022, Iceland exported $1.11M in Washing and Bottling Machines, making it the 91st largest exporter of Washing and Bottling Machines in the world. At the same year, Washing and Bottling Machines was the 123rd most exported product in Iceland. The main destination of Washing and Bottling Machines exports from Iceland are: United States ($643k), Peru ($122k), Spain ($91.5k), Canada ($77.7k), and Denmark ($52.7k).

The fastest growing export markets for Washing and Bottling Machines of Iceland between 2021 and 2022 were United States ($637k), Peru ($120k), and Canada ($77.7k).

Imports In 2022, Iceland imported $21.9M in Washing and Bottling Machines, becoming the 105th largest importer of Washing and Bottling Machines in the world. At the same year, Washing and Bottling Machines was the 79th most imported product in Iceland. Iceland imports Washing and Bottling Machines primarily from: Germany ($6.55M), Sweden ($3.67M), Netherlands ($2.35M), Italy ($2.3M), and Denmark ($1.25M).

The fastest growing import markets in Washing and Bottling Machines for Iceland between 2021 and 2022 were Italy ($990k), Poland ($382k), and Bulgaria ($374k).

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 Washing and Bottling Machines. 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)$1.11M
IMPORTS (2022)$21.9M
NET TRADE (2022)-$20.8M

In 2022, Iceland exported $1.11M in Washing and Bottling Machines. The main destinations of Iceland exports on Washing and Bottling Machines were United States ($643k), Peru ($122k), Spain ($91.5k), Canada ($77.7k), and Denmark ($52.7k).

In 2022, Iceland imported $21.9M in Washing and Bottling Machines, mainly from Germany ($6.55M), Sweden ($3.67M), Netherlands ($2.35M), Italy ($2.3M), and Denmark ($1.25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Washing and Bottling Machines EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
United States$637k (10.8k%)
Peru$120k (8.84k%)
Canada$77.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Washing and Bottling Machines BY Iceland WERE (2021 - 2022):
Norway-$416k (-95.8%)
Argentina-$128k (-99.9%)
Austria-$43.2k (-99.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Washing and Bottling Machines were:
Germany $7.48B
Italy $6.22B
China $3.97B
In 2022, Iceland's main importing competitors in Washing and Bottling Machines were:

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Trade Value of Washing and Bottling Machines by Exporters

Potential Exports

Potential Exports

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Washing and Bottling Machines’s highest export potential is N/A. With an export gap of N/A.   Washing and Bottling Machines’s highest import potential is N/A with an import gap of N/A.

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