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Iceland Trade Summary

1991

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 1991

Overall Exports and Imports for Iceland 1991

Exports and imports of Iceland in 1991 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,571 million.
  • The total value of imports (CIF) was 1,739 million.
  • At the HS6 digit level, 526 products were exported to 67 countries and 4,200 products were imported from 94 countries.

Iceland top 5 Export and Import partners 1991

Top five countries to which Iceland exported in 1991 are below, along with the percent of total exports that went to that country:

  1. Iceland exports to United Kingdom worth US$ 368 million, with a partner share of 23.41 percent.
  2. Iceland exports to United States worth US$ 197 million, with a partner share of 12.57 percent.
  3. Iceland exports to Germany worth US$ 191 million, with a partner share of 12.12 percent.
  4. Iceland exports to France worth US$ 159 million, with a partner share of 10.09 percent.
  5. Iceland exports to Japan worth US$ 124 million, with a partner share of 7.88 percent.

Top five countries from which Iceland imported goods in 1991 are below, along with percent of total imports that came from the country :

  1. Iceland imports from Germany worth US$ 227 million, with a partner share of 13.03 percent.
  2. Iceland imports from United States worth US$ 180 million, with a partner share of 10.35 percent.
  3. Iceland imports from Netherlands worth US$ 175 million, with a partner share of 10.05 percent.
  4. Iceland imports from Denmark worth US$ 149 million, with a partner share of 8.58 percent.
  5. Iceland imports from United Kingdom worth US$ 143 million, with a partner share of 8.24 percent.

Iceland Top 5 Productsexports imports at HS 6 digit level 1991

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$ 501,892.32 million.
  2. Iceland exported Cod salted or in brine but not dried or smoked , worth US$ 176,631.44 million.
  3. Iceland exported Aluminium unwrought, not alloyed , worth US$ 138,612.10 million.
  4. Iceland exported Frozen shrimps and prawns , worth US$ 107,546.58 million.
  5. Iceland exported Fresh or chilled fish, nes , worth US$ 50,019.44 million.

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

  1. Iceland imported Automobiles with reciprocating piston engine di , worth US$ 50,811.60 million.
  2. Iceland imported Aluminium oxide, other than artificial corundum , worth US$ 50,644.70 million.
  3. Iceland imported Aircraft nes of an unladen weight exceeding 15, , worth US$ 31,519.60 million.
  4. Iceland imported Fishing vessels and factory ships , worth US$ 29,282.20 million.
  5. Iceland imported Carbon or graphite electrodes, of a kind used f , worth US$ 24,862.66 million.

Exports and Imports of Product Groups 1991

Exports and imports of products by stages of processing in 1991 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1991

Tariffs imposed by Iceland in 1991 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 1991

Key Development Indicators of Iceland in 1991 are below

  • Iceland GDP in current US dollar was 6,910 million.
  • GNI per capita, Atlas method (current US$) was not available .
  • Iceland Trade balance: as % of GDP was -1.32.
  • Trade balance in current US$ was -91.00 million.
  • Trade as percentage of GDP was 63.00 .
  • Trade in services as percentage of GDP was 17.07 .

Trade Indicators 1991

Trade Indicators for Iceland in 1991 are below

  • Hirschman Herfindahl market concentration index was 0.14.
  • Index of export market penetration was 2.43.
  • World Growth in percentage was 20.90 and Iceland Country Growth was 13.77 .