Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Iceland | Imports and Exports | World | Wool, fine or coarse animal hair; horsehair yarn and woven fabric | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 51 "Wool, fine or coarse animal hair; horsehair yarn and woven fabric" from Iceland totalled $ 6.9 million in 2023. Sales of commodity group 51 from Iceland went up by 18.2% compared to 2022: exports of commodity group 51 "Wool, fine or coarse animal hair; horsehair yarn and woven fabric" went up by $ 1.06 million (cumulative exports of commodity group 51 from Iceland amounted $5.83 million in 2022)

Exports of commodity group 51 "Wool, fine or coarse animal hair; horsehair yarn and woven fabric" amounted to 0.101% of total exports from Iceland (cumulative merchandise exports from Iceland totalled $ 6.8 billion in 2023). The share of commodity group 51 in total exports from Iceland increased by 0.022 p.p. compared to 2022 (it was 0.078% in 2022 and cumulative exports from Iceland were equal to $ 7.4 billion).

Where does Iceland export Wool, fine or coarse animal hair; horsehair yarn and woven fabric?

Top export destinations of "Wool, fine or coarse animal hair; horsehair yarn and woven fabric" from Iceland in 2023:

  • Finland with a share of 28% (1.98 million US$)
  • Sweden with a share of 17.8% (1.23 million US$)
  • Netherlands with a share of 15.3% (1.06 million US$)
  • Germany with a share of 11.7% (812 thousand US$)
  • USA with a share of 6.63% (458 thousand US$)
  • United Kingdom with a share of 4.74% (327 thousand US$)
  • China with a share of 3.63% (250 thousand US$)
  • Denmark with a share of 3.45% (238 thousand US$)
  • Lithuania with a share of 2.37% (164 thousand US$)
  • Norway with a share of 2.18% (150 thousand US$)

Exports structure of 51 - Wool, fine or coarse animal hair; horsehair yarn and woven fabric - from Iceland in 2023 represented by the following main commodity groups:

  • 89% (6.18 million US$): 5109 - Yarn of wool or of fine animal hair, put up for retail sale
  • 7.13% (492 thousand US$): 5101 - Wool, not carded or combed
  • 2.18% (151 thousand US$): 5105 - Wool and fine or coarse animal hair, carded or combed (including combed wool in fragments)
  • 0.73% (50 thousand US$): 5111 - Woven fabrics of carded wool or of carded fine animal hair
  • 0.218% (15 thousand US$): 5106 - Yarn of carded wool, not put up for retail sale
  • 0.143% (9.9 thousand US$): 5112 - Woven fabrics of combed wool or of combed fine animal hair
  • 0.001% (91 US$): 5103 - Waste of wool or of fine or coarse animal hair, including yarn waste but excluding garnetted stock
  • 0% (52 US$): 5107 - Yarn of combed wool, not put up for retail sale

The value of imports of commodity group 51 "Wool, fine or coarse animal hair; horsehair yarn and woven fabric" to Iceland totalled $ 3.45 million in 2023. Sales of commodity group 51 to Iceland decreased by 19.9% in value terms compared to 2022. imports of commodity group 51 "Wool, fine or coarse animal hair; horsehair yarn and woven fabric" decreased by $ 862 thousand (the value of imports of commodity group 51 to Iceland was equal to $4.31 million in 2022)

Imports of commodity group 51 "Wool, fine or coarse animal hair; horsehair yarn and woven fabric" accounted for 0.036% of total import flow to Iceland (in 2023, total imports to Iceland amounted to $ 9.47 billion). The share of commodity group 51 in total imports to Iceland decreased by 0.008 p.p. compared to 2022 (it was 0.044% in 2022 and cumulative imports to Iceland were equal to $ 9.64 billion).

Where does Iceland import Wool, fine or coarse animal hair; horsehair yarn and woven fabric from?

Top trading partners (import of "Wool, fine or coarse animal hair; horsehair yarn and woven fabric") of Iceland in 2023:

  • United Kingdom with a share of 21% (747 thousand US$)
  • Norway with a share of 18% (623 thousand US$)
  • New Zealand with a share of 11.8% (409 thousand US$)
  • Denmark with a share of 10.7% (371 thousand US$)
  • Peru with a share of 7.3% (252 thousand US$)
  • Italy with a share of 6.55% (226 thousand US$)
  • Turkey with a share of 4.99% (172 thousand US$)
  • Spain with a share of 4.33% (149 thousand US$)
  • China with a share of 2.83% (97 thousand US$)
  • Netherlands with a share of 1.88% (65 thousand US$)

Imports structure of 51 - Wool, fine or coarse animal hair; horsehair yarn and woven fabric - to Iceland in 2023 represented by the following main commodity groups:

  • 57% (1.99 million US$): 5109 - Yarn of wool or of fine animal hair, put up for retail sale
  • 12.6% (436 thousand US$): 5101 - Wool, not carded or combed
  • 11.6% (403 thousand US$): 5106 - Yarn of carded wool, not put up for retail sale
  • 5.78% (199 thousand US$): 5111 - Woven fabrics of carded wool or of carded fine animal hair
  • 5.54% (191 thousand US$): 5112 - Woven fabrics of combed wool or of combed fine animal hair
  • 4.05% (139 thousand US$): 5107 - Yarn of combed wool, not put up for retail sale
  • 1.08% (37 thousand US$): 5108 - Yarn of fine animal hair (carded or combed), not put up for retail sale
  • 0.573% (19.7 thousand US$): 5110 - Yarn of coarse animal hair or of horsehair (including gimped horsehair yarn), whether or not put up for retail sale
  • 0.448% (15.4 thousand US$): 5105 - Wool and fine or coarse animal hair, carded or combed (including combed wool in fragments)
  • 0.207% (7.18 thousand US$): 5113 - Woven fabrics of coarse animal hair or of horsehair

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Iceland | Imports and Exports | World | Wool, fine or coarse animal hair; horsehair yarn and woven fabric | Value (US$) and Value Growth, YoY (%) | 2012 - 2023