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2022
Exports $440kWorld Rnk 89 / 209
Flag Rnk 199 / 935
2022
Destination $9.85k Netherlands
2021 - 2022
FASTEST GROWING MARKET $9.85kGermany
2022
PRODUCT COMPLEXITY IN Electrical Ignitions0.62Rnk 310 / 1025
2022
Imports $3.31MWorld Rnk 121 / 223
Flag Rnk 331 / 1186
2022
Origin $332k United States
2021 - 2022
FASTEST GROWING ORIGIN $332kUnited States

About

Exports In 2022, Iceland exported $440k in Electrical Ignitions, making it the 89th largest exporter of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 199th most exported product in Iceland. The main destination of Electrical Ignitions exports from Iceland are: Netherlands ($374k), Germany ($17.6k), Norway ($9.98k), France ($8.75k), and Angola ($8.7k).

The fastest growing export markets for Electrical Ignitions of Iceland between 2021 and 2022 were Germany ($9.85k), France ($8.72k), and Angola ($8.7k).

Imports In 2022, Iceland imported $3.31M in Electrical Ignitions, becoming the 121st largest importer of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 331st most imported product in Iceland. Iceland imports Electrical Ignitions primarily from: United States ($547k), Netherlands ($458k), China ($439k), United Kingdom ($295k), and Japan ($291k).

The fastest growing import markets in Electrical Ignitions for Iceland between 2021 and 2022 were United States ($332k), Poland ($120k), and United Kingdom ($85.8k).

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 Electrical Ignitions. 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)$440k
IMPORTS (2022)$3.31M
NET TRADE (2022)-$2.87M

In 2022, Iceland exported $440k in Electrical Ignitions. The main destinations of Iceland exports on Electrical Ignitions were Netherlands ($374k), Germany ($17.6k), Norway ($9.98k), France ($8.75k), and Angola ($8.7k).

In 2022, Iceland imported $3.31M in Electrical Ignitions, mainly from United States ($547k), Netherlands ($458k), China ($439k), United Kingdom ($295k), and Japan ($291k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Ignitions EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Germany$9.85k (127%)
France$8.72k (29.1k%)
Angola$8.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Ignitions BY Iceland WERE (2021 - 2022):
Netherlands-$119k (-24.2%)
Denmark-$119k (-100%)
Austria-$3.03k (-92.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Electrical Ignitions were:
Japan $3.43B
China $3.22B
United States $2.02B
In 2022, Iceland's main importing competitors in Electrical Ignitions were:
United States $4.44B
Germany $2.05B
Mexico $1.66B

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Trade Value of Electrical Ignitions by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

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

See methodology.

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