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Exports In 2022, Iceland exported $32.6M in Water, making it the 20th largest exporter of Water in the world. At the same year, Water was the 18th most exported product in Iceland. The main destination of Water exports from Iceland are: United States ($28.3M), Canada ($1.18M), Kuwait ($482k), Thailand ($319k), and Bermuda ($269k).

The fastest growing export markets for Water of Iceland between 2021 and 2022 were Canada ($523k), Kuwait ($170k), and Czechia ($143k).

Imports In 2022, Iceland imported $593k in Water, becoming the 132nd largest importer of Water in the world. At the same year, Water was the 630th most imported product in Iceland. Iceland imports Water primarily from: United Kingdom ($166k), Norway ($127k), Italy ($110k), United States ($59.1k), and Poland ($40.2k).

The fastest growing import markets in Water for Iceland between 2021 and 2022 were Italy ($97k), Poland ($18.4k), and United States ($10.7k).

Latest Trends

Sep 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 Water. 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)$32.6M
IMPORTS (2022)$593k
NET TRADE (2022)$32M

In 2022, Iceland exported $32.6M in Water. The main destinations of Iceland exports on Water were United States ($28.3M), Canada ($1.18M), Kuwait ($482k), Thailand ($319k), and Bermuda ($269k).

In 2022, Iceland imported $593k in Water, mainly from United Kingdom ($166k), Norway ($127k), Italy ($110k), United States ($59.1k), and Poland ($40.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Water EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Canada$523k (79.4%)
Kuwait$170k (54.7%)
Czechia$143k (431%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Water BY Iceland WERE (2021 - 2022):
United Arab Emirates-$432k (-70.8%)
Thailand-$342k (-51.8%)
Ukraine-$239k (-53%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Water were:
China $718M
Italy $705M
In 2022, Iceland's main importing competitors in Water were:

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Trade Value of Water by Exporters

Potential Exports

Potential Exports

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

See methodology.

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