Iceland Trade Summary

1993 Data

Iceland exports, imports, tariff by year.

Country / 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

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 1,399
No. Of products: 584
No. Of partners: 78
Importsmore »
Imports (in US$ Mil): 1,349
No. Of products: 4,122
No. Of partners: 105

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Frozen fish fillets404,337.95
Aluminium unwrought, ...122,088.88
Shrimps and prawns, ...101,014.30
Cod salted or in bri ...88,057.48
Flours, meals and pe ...77,718.65
Imports (US$ Thousands)
Automobiles with rec ...35,419.96
Aluminium oxide, oth ...31,997.13
Fishing vessels and ...23,967.04
Carbon or graphite e ...21,015.15
Other medicaments of ...20,634.36

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United Kingdom303 21.62
United States222 15.88
Germany154 11.04
Japan130 9.27
France115 8.24
Exporter Trade (US$ Mil) Partner share(%)
Norway167 12.37
Germany161 11.91
Denmark126 9.37
United States126 9.33
United Kingdom121 8.96

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials732 52.31 63 4.64 3.00
Intermediate goods437 31.24 245 18.13 0.40
Consumer goods188 13.43 596 44.20 4.82
Capital goods36 2.60 328 24.33 2.67

Trade Indicators

more »
HH Market concentration index: 0.13
Index of export market penetration: 2.32
World Growth: 7.73
Country Growth: 21.10

Tariffs

more »
No Of Tariff Agreement: 5
Maximum Rate (%): 50
Simple Average (%): 3.60
Weighted Average (%): 3.41
Duty Free Imports (US$ Thousand): 968,496.74
Duty Free Tariff Lines Share (%): 76.59

Development Indicators

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GDP (current US$): 6,269
GNI per capita, Atlas method (current US$): 26,100.00
Trade Balance (% of GDP): 3.05
Trade Balance (current US$ Mil): 191.00
Trade in services (% of GDP): 19.02
Trade (% of GDP): 61.01