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Iceland Trade Summary

1989

Iceland exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR ICELAND 1989

Overall Exports and Imports for Iceland 1989

Exports and imports of Iceland in 1989 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,401 million.
  • The total value of imports (CIF) was 1,401 million.
  • At the HS6 digit level, 545 products were exported to 78 countries and 4,147 products were imported from 94 countries.

Iceland top 5 Export and Import partners 1989

Top five countries to which Iceland exported in 1989 are below, along with the percent of total exports that went to that country:

  1. Iceland exports to United Kingdom worth US$ 291 million, with a partner share of 20.77 percent.
  2. Iceland exports to United States worth US$ 200 million, with a partner share of 14.28 percent.
  3. Iceland exports to German Democratic Republic worth US$ 166 million, with a partner share of 11.87 percent.
  4. Iceland exports to Japan worth US$ 99 million, with a partner share of 7.09 percent.
  5. Iceland exports to France worth US$ 80 million, with a partner share of 5.74 percent.

Top five countries from which Iceland imported goods in 1989 are below, along with percent of total imports that came from the country :

  1. Iceland imports from German Democratic Republic worth US$ 183 million, with a partner share of 13.08 percent.
  2. Iceland imports from United States worth US$ 154 million, with a partner share of 10.99 percent.
  3. Iceland imports from Netherlands worth US$ 146 million, with a partner share of 10.41 percent.
  4. Iceland imports from Denmark worth US$ 127 million, with a partner share of 9.04 percent.
  5. Iceland imports from Sweden worth US$ 115 million, with a partner share of 8.21 percent.

Iceland Top 5 Productsexports imports at HS 6 digit level 1989

The top five exported HS 6 digit level products to world by Iceland along with trade value are:

  1. Iceland exported Frozen fish fillets , worth US$ 325,078.56 million.
  2. Iceland exported Aluminium unwrought, not alloyed , worth US$ 180,064.58 million.
  3. Iceland exported Cod salted or in brine but not dried or smoked , worth US$ 134,854.21 million.
  4. Iceland exported Frozen shrimps and prawns , worth US$ 75,821.06 million.
  5. Iceland exported Flours, meals and pellets of fish, etc, unfit f , worth US$ 71,573.91 million.

The top five imported HS 6 digit level products from world by Iceland along with trade value are

  1. Iceland imported Aircraft nes of an unladen weight exceeding 15, , worth US$ 52,535.91 million.
  2. Iceland imported Fishing vessels and factory ships , worth US$ 48,541.86 million.
  3. Iceland imported Aluminium oxide, other than artificial corundum , worth US$ 35,187.76 million.
  4. Iceland imported Automobiles with reciprocating piston engine di , worth US$ 27,435.77 million.
  5. Iceland imported Carbon or graphite electrodes, of a kind used f , worth US$ 23,223.76 million.

Exports and Imports of Product Groups 1989

Exports and imports of products by stages of processing in 1989 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1989

Tariffs imposed by Iceland in 1989 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 1989

Key Development Indicators of Iceland in 1989 are below

  • Iceland GDP in current US dollar was 5,673 million.
  • GNI per capita, Atlas method (current US$) was not available .
  • Iceland Trade balance: as % of GDP was 2.12.
  • Trade balance in current US$ was 120.00 million.
  • Trade as percentage of GDP was 63.95 .
  • Trade in services as percentage of GDP was 17.83 .

Trade Indicators 1989

Trade Indicators for Iceland in 1989 are below

  • Hirschman Herfindahl market concentration index was 0.11.
  • Index of export market penetration was 2.63.
  • World Growth in percentage was 28.61 and Iceland Country Growth was 9.46 .