2022
Exports
$4.88MWorld Rnk 96 / 203
Flag Rnk 59 / 935
falsefalse United States
2022
PRODUCT COMPLEXITY IN Hard Liquor
-0.52Rnk 708 / 1025
2022
Imports
$12.6MWorld Rnk 125 / 224
Flag Rnk 125 / 1186

About

Exports In 2022, Iceland exported $4.88M in Hard Liquor, making it the 96th largest exporter of Hard Liquor in the world. At the same year, Hard Liquor was the 59th most exported product in Iceland. The main destination of Hard Liquor exports from Iceland are: United States ($1.9M), United Kingdom ($1.17M), Kazakhstan ($456k), Australia ($301k), and Denmark ($294k).

Imports In 2022, Iceland imported $12.6M in Hard Liquor, becoming the 125th largest importer of Hard Liquor in the world. At the same year, Hard Liquor was the 125th most imported product in Iceland. Iceland imports Hard Liquor primarily from: United Kingdom ($3.28M), Italy ($1.87M), France ($1.55M), Netherlands ($1.09M), and United States ($891k).

The fastest growing import markets in Hard Liquor for Iceland between 2021 and 2022 were United Kingdom ($593k), United States ($336k), and France ($240k).

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 Hard Liquor. 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)$4.88M
IMPORTS (2022)$12.6M
NET TRADE (2022)-$7.75M

In 2022, Iceland exported $4.88M in Hard Liquor. The main destinations of Iceland exports on Hard Liquor were United States ($1.9M), United Kingdom ($1.17M), Kazakhstan ($456k), Australia ($301k), and Denmark ($294k).

In 2022, Iceland imported $12.6M in Hard Liquor, mainly from United Kingdom ($3.28M), Italy ($1.87M), France ($1.55M), Netherlands ($1.09M), and United States ($891k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Hard Liquor were:
In 2022, Iceland's main importing competitors in Hard Liquor were:

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Trade Value of Hard Liquor by Exporters

Potential Exports

Potential Exports

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

See methodology.

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