2022
Exports
$47.2kWorld Rnk 113 / 178
Flag Rnk 424 / 935
2022
PRODUCT COMPLEXITY IN Soil Preparation Machinery
0.69Rnk 279 / 1025
2022
Imports
$4.52MWorld Rnk 103 / 211
Flag Rnk 268 / 1186

About

Exports In 2022, Iceland exported $47.2k in Soil Preparation Machinery, making it the 113th largest exporter of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 424th most exported product in Iceland. The main destination of Soil Preparation Machinery exports from Iceland are: Australia ($33.6k), Senegal ($6.81k), United Kingdom ($2.22k), Kenya ($1.19k), and Netherlands ($1.15k).

The fastest growing export markets for Soil Preparation Machinery of Iceland between 2021 and 2022 were Australia ($33.6k), Kenya ($1.19k), and Netherlands ($1.04k).

Imports In 2022, Iceland imported $4.52M in Soil Preparation Machinery, becoming the 103rd largest importer of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 268th most imported product in Iceland. Iceland imports Soil Preparation Machinery primarily from: Denmark ($555k), Poland ($548k), France ($542k), Ireland ($540k), and Netherlands ($433k).

The fastest growing import markets in Soil Preparation Machinery for Iceland between 2021 and 2022 were Poland ($296k), Denmark ($262k), and Ireland ($227k).

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 Soil Preparation Machinery. 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)$47.2k
IMPORTS (2022)$4.52M
NET TRADE (2022)-$4.47M

In 2022, Iceland exported $47.2k in Soil Preparation Machinery. The main destinations of Iceland exports on Soil Preparation Machinery were Australia ($33.6k), Senegal ($6.81k), United Kingdom ($2.22k), Kenya ($1.19k), and Netherlands ($1.15k).

In 2022, Iceland imported $4.52M in Soil Preparation Machinery, mainly from Denmark ($555k), Poland ($548k), France ($542k), Ireland ($540k), and Netherlands ($433k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soil Preparation Machinery EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Australia$33.6k (1%)
Kenya$1.19k (1%)
Netherlands$1.04k (976%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soil Preparation Machinery BY Iceland WERE (2021 - 2022):
Senegal-$17.3k (-71.8%)
Finland-$13.2k (-100%)
United Kingdom-$270 (-10.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Soil Preparation Machinery were:
Germany $2.11B
China $1.21B
Italy $1.12B
In 2022, Iceland's main importing competitors in Soil Preparation Machinery were:

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Trade Value of Soil Preparation Machinery by Exporters

Potential Exports

Potential Exports

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

See methodology.

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