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Iceland: imports of HS 8504

Electric transformers, static converters (e.g. rectifiers) and inductors

OpenFigures for the 12 months from September 2025 to August 2026.

From official customs statistics, never company records.

Imports from every country, by country of origin.

How it is computed (methodology version 2)

The last 12 months

Imports
€72.3m
The 12 months before
€55.8m
Growth
+29.7%
Demand added in the year
+€16.6m
From Türkiye
€4.39m
Growth from Türkiye
+44.8%
Türkiye's share
6.1%5.4% the year before · +0.6 pts

Why the market is open

  • Every one of the last 24 months reported (Met)24 of 24 months
  • Figures at most 3 months behind the newest (Met)Newest month: August 2026
  • At least €1m of imports in 12 months (Met)€72.3m
  • Imports grew by 10% or more (Met)+29.7%
  • Türkiye's share under 10% (Met)6.1%

Month by month

The last 36 months, to August 2026.

  • From Türkiye
  • From other countries
Every month in a table
Imports by month
MonthImportsFrom Türkiye
August 2026€6,739,203€519,657
July 2026€13,717,714€536,466
June 2026€19,610,307€1,170,217
May 2026€3,325,187€663,207
April 2026€3,667,916€47,972
March 2026€5,979,369€422,160
February 2026€2,705,869€119,716
January 2026€2,007,902€2,084
December 2025€3,442,908€553,215
November 2025€4,493,207€193,355
October 2025€2,390,591€158,340
September 2025€4,260,094€247
August 2025€4,507,969€1,515,752
July 2025€2,380,710€47,499
June 2025€3,245,095€167,786
May 2025€7,680,701€574,376
April 2025€2,974,046€265,135
March 2025€6,453,058€0
February 2025€15,614,808€242
January 2025€4,047,331€11,828
December 2024€1,393,779€10,757
November 2024€1,781,836€315
October 2024€2,666,565€107,716
September 2024€3,010,777€328,866
August 2024€5,957,185€402,604
July 2024€3,047,367€355,577
June 2024€3,975,549€393,340
May 2024€3,072,623€496,445
April 2024€2,164,989€170,689
March 2024€3,050,954€328,082
February 2024€5,116,312€121,662
January 2024€5,822,575€343,176
December 2023€2,153,320€663,692
November 2023€3,882,909€1,414,341
October 2023€4,407,334€189,233
September 2023€2,051,495€156,510

Where the imports come from

The largest origins of the last 12 months, with their share of the market's imports.

Where the imports come from
OriginImports, 12 monthsShare
China€28.4m39.2%
Italy€7.46m10.3%
Portugal€6.74m9.3%
Türkiye€4.39m6.1%
Philippines€4.01m5.5%
Every other origin€21.4m29.6%

Selling there

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