2022
Exports
$63.6kWorld Rnk 110 / 209
Flag Rnk 393 / 935
2022
PRODUCT COMPLEXITY IN Electrical Lighting and Signalling Equipment
0.96Rnk 190 / 1025
2022
Imports
$5.38MWorld Rnk 105 / 222
Flag Rnk 241 / 1186

About

Exports In 2022, Iceland exported $63.6k in Electrical Lighting and Signalling Equipment, making it the 110th largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 393rd most exported product in Iceland. The main destination of Electrical Lighting and Signalling Equipment exports from Iceland are: Denmark ($13.8k), Slovakia ($13.3k), United Kingdom ($8.77k), United Arab Emirates ($8.48k), and Netherlands ($6.94k).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of Iceland between 2021 and 2022 were Slovakia ($13.3k), Denmark ($12.9k), and United Kingdom ($8.52k).

Imports In 2022, Iceland imported $5.38M in Electrical Lighting and Signalling Equipment, becoming the 105th largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 241st most imported product in Iceland. Iceland imports Electrical Lighting and Signalling Equipment primarily from: Germany ($741k), China ($493k), Mexico ($393k), South Korea ($334k), and Sweden ($326k).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for Iceland between 2021 and 2022 were South Korea ($141k), Turkey ($80.1k), and Belgium ($74.9k).

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 Lighting and Signalling Equipment. 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)$63.6k
IMPORTS (2022)$5.38M
NET TRADE (2022)-$5.31M

In 2022, Iceland exported $63.6k in Electrical Lighting and Signalling Equipment. The main destinations of Iceland exports on Electrical Lighting and Signalling Equipment were Denmark ($13.8k), Slovakia ($13.3k), United Kingdom ($8.77k), United Arab Emirates ($8.48k), and Netherlands ($6.94k).

In 2022, Iceland imported $5.38M in Electrical Lighting and Signalling Equipment, mainly from Germany ($741k), China ($493k), Mexico ($393k), South Korea ($334k), and Sweden ($326k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Lighting and Signalling Equipment EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Slovakia$13.3k (1%)
Denmark$12.9k (1.49k%)
United Kingdom$8.52k (3.44k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Lighting and Signalling Equipment BY Iceland WERE (2021 - 2022):
Spain-$8.51k (-95.3%)
Sweden-$2.37k (-92.3%)
Australia-$1.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Electrical Lighting and Signalling Equipment were:
China $5.89B
Mexico $3.86B
Germany $3.32B
In 2022, Iceland's main importing competitors in Electrical Lighting and Signalling Equipment were:

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Trade Value of Electrical Lighting and Signalling Equipment by Exporters

Potential Exports

Potential Exports

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

Electrical Lighting and Signalling Equipment’s highest export potential is N/A. With an export gap of N/A.   Electrical Lighting and Signalling Equipment’s highest import potential is N/A with an import gap of N/A.

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