2022
Exports
$78MWorld Rnk 37 / 175
Flag Rnk 15 / 935
2022
PRODUCT COMPLEXITY IN Processed Crustaceans
-1.65Rnk 967 / 1025
2022
Imports
$17.8MWorld Rnk 49 / 224
Flag Rnk 97 / 1186

About

Exports In 2022, Iceland exported $78M in Processed Crustaceans, making it the 37th largest exporter of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 15th most exported product in Iceland. The main destination of Processed Crustaceans exports from Iceland are: United Kingdom ($46.7M), Denmark ($15.3M), China ($7.11M), Netherlands ($6.31M), and Ireland ($580k).

The fastest growing export markets for Processed Crustaceans of Iceland between 2021 and 2022 were Denmark ($8.22M), Netherlands ($6.04M), and China ($5.15M).

Imports In 2022, Iceland imported $17.8M in Processed Crustaceans, becoming the 49th largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 97th most imported product in Iceland. Iceland imports Processed Crustaceans primarily from: N/A.

The fastest growing import markets in Processed Crustaceans for Iceland between 2021 and 2022 were Denmark ($9.85M), Canada ($214k), and Greenland ($187k).

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 Processed Crustaceans. 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)$78M
IMPORTS (2022)$17.8M
NET TRADE (2022)$60.2M

In 2022, Iceland exported $78M in Processed Crustaceans. The main destinations of Iceland exports on Processed Crustaceans were United Kingdom ($46.7M), Denmark ($15.3M), China ($7.11M), Netherlands ($6.31M), and Ireland ($580k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Crustaceans EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Denmark$8.22M (116%)
Netherlands$6.04M (2.23k%)
China$5.15M (262%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Crustaceans BY Iceland WERE (2021 - 2022):
United Kingdom-$2.9M (-5.85%)
Estonia-$98.7k (-23.6%)
France-$47.4k (-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 Processed Crustaceans were:
China $4.44B
Vietnam $2.42B
In 2022, Iceland's main importing competitors in Processed Crustaceans were:

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Trade Value of Processed Crustaceans by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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