Iceland | Imports and Exports | World | Raw aluminium | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 7601 "Unwrought aluminium" from Iceland totalled $ 2.08 billion in 2023. Sales of commodity group 7601 from Iceland decreased by 21% in value terms compared to 2022. exports of commodity group 7601 "Unwrought aluminium" decreased by $ 563 million (cumulative exports of commodity group 7601 from Iceland amounted $2.65 billion in 2022)
Exports of commodity group 7601 "Unwrought aluminium" amounted to 30% of total exports from Iceland (cumulative merchandise exports from Iceland totalled $ 6.8 billion in 2023). The share of commodity group 7601 in total exports from Iceland decreased by 5.13 p.p. compared to 2022 (it was 35% in 2022 and cumulative exports from Iceland were equal to $ 7.4 billion).
Exports of commodity group 7601 amounted to 86% of total sales of group "" from Iceland in 2023 (the value of exports of commodity group from Iceland amounted to $2.42 billion in 2023). The share of exports of commodity group 7601 in sales of commodity group from Iceland lowered by 0.467 p.p. compared to 2022 (it was 86% in 2022, and exports of commodity group from Iceland were $3.06 billion).
Where does Iceland export Unwrought aluminium?
Top export destinations of "Unwrought aluminium" from Iceland in 2023:
- Netherlands with a share of 78% (1.64 billion US$)
- France with a share of 4.12% (86 million US$)
- Germany with a share of 3.65% (76 million US$)
- Spain with a share of 3.28% (68 million US$)
- United Kingdom with a share of 3.06% (63 million US$)
- Poland with a share of 2.1% (43 million US$)
- Australia with a share of 1.17% (24 million US$)
- Portugal with a share of 1.1% (22 million US$)
- Sweden - 14.9 million US$
- Switzerland - 14.7 million US$
Exports structure of 7601 - Unwrought aluminium - from Iceland in 2023 represented by the following main commodity groups:
- 86% (1.79 billion US$): 760110 - Aluminium, not alloyed, unwrought
- 13.9% (290 million US$): 760120 - Aluminium alloys, unwrought
The value of imports of commodity group 7601 "Unwrought aluminium" to Iceland totalled $ 8.14 million in 2023. Sales of commodity group 7601 to Iceland decreased by 78% in value terms compared to 2022. imports of commodity group 7601 "Unwrought aluminium" decreased by $ 29 million (the value of imports of commodity group 7601 to Iceland was equal to $37 million in 2022)
Imports of commodity group 7601 "Unwrought aluminium" accounted for 0.086% of total import flow to Iceland (in 2023, total imports to Iceland amounted to $ 9.47 billion). The share of commodity group 7601 in total imports to Iceland decreased by 0.3 p.p. compared to 2022 (it was 0.386% in 2022 and cumulative imports to Iceland were equal to $ 9.64 billion).
Imports of commodity group 7601 reached 6.18% of total imports of group "" to Iceland in 2023 (imports of commodity group to Iceland totalled $131 million in 2023). The share of purchases of commodity group 7601 in imports of commodity group to Iceland went down by 16.4 p.p. compared to 2022 (it was 22% in 2022, and imports of commodity group to Iceland accounted for $164 million).
Where does Iceland import Unwrought aluminium from?
Top trading partners (import of "Unwrought aluminium") of Iceland in 2023:
- Canada with a share of 51% (4.18 million US$)
- Spain with a share of 15.9% (1.3 million US$)
- Netherlands with a share of 9.15% (745 thousand US$)
- Bahrain with a share of 7.29% (594 thousand US$)
- China with a share of 6.65% (542 thousand US$)
- Germany with a share of 4.32% (352 thousand US$)
- Belgium with a share of 2.09% (170 thousand US$)
- Hong Kong with a share of 1.14% (93 thousand US$)
- Denmark - 54 thousand US$
- France - 54 thousand US$
Imports structure of 7601 - Unwrought aluminium - to Iceland in 2023 represented by the following main commodity groups:
- 99% (8.08 million US$): 760120 - Aluminium alloys, unwrought
- 0.67% (54 thousand US$): 760110 - Aluminium, not alloyed, unwrought
