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Exports In 2022, Iceland exported $10.2k in Wood Ornaments, making it the 144th largest exporter of Wood Ornaments in the world. At the same year, Wood Ornaments was the 575th most exported product in Iceland. The main destination of Wood Ornaments exports from Iceland are: Denmark ($4.92k), United States ($2.41k), Belgium ($1.04k), United Kingdom ($614), and Bosnia and Herzegovina ($383).

The fastest growing export markets for Wood Ornaments of Iceland between 2021 and 2022 were United States ($1.92k), Belgium ($828), and United Kingdom ($614).

Imports In 2022, Iceland imported $1.37M in Wood Ornaments, becoming the 68th largest importer of Wood Ornaments in the world. At the same year, Wood Ornaments was the 488th most imported product in Iceland. Iceland imports Wood Ornaments primarily from: China ($356k), Denmark ($286k), Sweden ($176k), Vietnam ($153k), and Germany ($89.1k).

The fastest growing import markets in Wood Ornaments for Iceland between 2021 and 2022 were Denmark ($66.1k), Sweden ($22.1k), and Philippines ($11.7k).

Latest Trends

Jul 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 Wood Ornaments. 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)$10.2k
IMPORTS (2022)$1.37M
NET TRADE (2022)-$1.36M

In 2022, Iceland exported $10.2k in Wood Ornaments. The main destinations of Iceland exports on Wood Ornaments were Denmark ($4.92k), United States ($2.41k), Belgium ($1.04k), United Kingdom ($614), and Bosnia and Herzegovina ($383).

In 2022, Iceland imported $1.37M in Wood Ornaments, mainly from China ($356k), Denmark ($286k), Sweden ($176k), Vietnam ($153k), and Germany ($89.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Ornaments EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
United States$1.92k (389%)
Belgium$828 (383%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Ornaments BY Iceland WERE (2021 - 2022):
Denmark-$7.36k (-60%)
Norway-$1.46k (-100%)
France-$1.31k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Wood Ornaments were:
China $1.65B
Germany $83.5M
In 2022, Iceland's main importing competitors in Wood Ornaments were:

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Trade Value of Wood Ornaments by Exporters

Potential Exports

Potential Exports

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

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