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Exports In 2022, Iceland exported $2.42M in Aircraft Parts, making it the 102nd largest exporter of Aircraft Parts in the world. At the same year, Aircraft Parts was the 85th most exported product in Iceland. The main destination of Aircraft Parts exports from Iceland are: Netherlands ($754k), United Kingdom ($527k), Spain ($367k), France ($200k), and Denmark ($125k).

The fastest growing export markets for Aircraft Parts of Iceland between 2021 and 2022 were United Kingdom ($491k), Denmark ($98.6k), and Singapore ($59.4k).

Imports In 2022, Iceland imported $21M in Aircraft Parts, becoming the 81st largest importer of Aircraft Parts in the world. At the same year, Aircraft Parts was the 81st most imported product in Iceland. Iceland imports Aircraft Parts primarily from: United States ($8.58M), United Kingdom ($4.47M), France ($2.33M), Germany ($1.63M), and Canada ($1.26M).

The fastest growing import markets in Aircraft Parts for Iceland between 2021 and 2022 were United Kingdom ($3.29M), United States ($3.29M), and Germany ($1.29M).

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 Aircraft Parts. 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)$2.42M
IMPORTS (2022)$21M
NET TRADE (2022)-$18.5M

In 2022, Iceland exported $2.42M in Aircraft Parts. The main destinations of Iceland exports on Aircraft Parts were Netherlands ($754k), United Kingdom ($527k), Spain ($367k), France ($200k), and Denmark ($125k).

In 2022, Iceland imported $21M in Aircraft Parts, mainly from United States ($8.58M), United Kingdom ($4.47M), France ($2.33M), Germany ($1.63M), and Canada ($1.26M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aircraft Parts EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
United Kingdom$491k (1.36k%)
Denmark$98.6k (380%)
Singapore$59.4k (1.14k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aircraft Parts BY Iceland WERE (2021 - 2022):
Spain-$1.48M (-80.1%)
Netherlands-$1.29M (-63.1%)
Germany-$125k (-71.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Aircraft Parts were:
In 2022, Iceland's main importing competitors in Aircraft Parts were:

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Trade Value of Aircraft Parts by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

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

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