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Iceland Trade Summary

1993

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 1993

Overall Exports and Imports for Iceland 1993

Exports and imports of Iceland in 1993 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,399 million.
  • The total value of imports (CIF) was 1,349 million.
  • At the HS6 digit level, 584 products were exported to 78 countries and 4,122 products were imported from 105 countries.

Iceland top 5 Export and Import partners 1993

Top five countries to which Iceland exported in 1993 are below, along with the percent of total exports that went to that country:

  1. Iceland exports to United Kingdom worth US$ 303 million, with a partner share of 21.62 percent.
  2. Iceland exports to United States worth US$ 222 million, with a partner share of 15.88 percent.
  3. Iceland exports to Germany worth US$ 154 million, with a partner share of 11.04 percent.
  4. Iceland exports to Japan worth US$ 130 million, with a partner share of 9.27 percent.
  5. Iceland exports to France worth US$ 115 million, with a partner share of 8.24 percent.

Top five countries from which Iceland imported goods in 1993 are below, along with percent of total imports that came from the country :

  1. Iceland imports from Norway worth US$ 167 million, with a partner share of 12.37 percent.
  2. Iceland imports from Germany worth US$ 161 million, with a partner share of 11.91 percent.
  3. Iceland imports from Denmark worth US$ 126 million, with a partner share of 9.37 percent.
  4. Iceland imports from United States worth US$ 126 million, with a partner share of 9.33 percent.
  5. Iceland imports from United Kingdom worth US$ 121 million, with a partner share of 8.96 percent.

Iceland Top 5 Productsexports imports at HS 6 digit level 1993

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 404,337.95 (US$ Thousands).
  2. Iceland exported Aluminium unwrought, not alloyed , worth 122,088.88 (US$ Thousands).
  3. Iceland exported Shrimps and prawns, prepared or preserved , worth 101,014.30 (US$ Thousands).
  4. Iceland exported Cod salted or in brine but not dried or smoked , worth 88,057.48 (US$ Thousands).
  5. Iceland exported Flours, meals and pellets of fish, etc, unfit f , worth 77,718.65 (US$ Thousands).

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 35,419.96 (US$ Thousands).
  2. Iceland imported Aluminium oxide, other than artificial corundum , worth 31,997.13 (US$ Thousands).
  3. Iceland imported Fishing vessels and factory ships , worth 23,967.04 (US$ Thousands).
  4. Iceland imported Carbon or graphite electrodes, of a kind used f , worth 21,015.15 (US$ Thousands).
  5. Iceland imported Other medicaments of mixed or unmixed products, , worth 20,634.36 (US$ Thousands).

Exports and Imports of Product Groups 1993

Exports and imports of products by stages of processing in 1993 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1993

Tariffs imposed by Iceland in 1993 are below

  • The maximum rate of tariff in percentage on any product was 50 percent.
  • The simple average tariff across all products was 3.60 percent.
  • The trade weighted average tariff was 3.41 .
  • The total duty free imports in thousands of US dollars were 968,496.74 and duty free tariff line items share was 76.59 percent.

Development Indicators 1993

Key Development Indicators of Iceland in 1993 are below

  • Iceland GDP in current US dollar was 6,219 million.
  • GNI per capita, Atlas method (current US$) was not available .
  • Iceland Trade balance: as % of GDP was 3.02.
  • Trade balance in current US$ was 188.00 million.
  • Trade as percentage of GDP was 61.56 .
  • Trade in services as percentage of GDP was 19.18 .

Trade Indicators 1993

Trade Indicators for Iceland in 1993 are below

  • Hirschman Herfindahl market concentration index was 0.13.
  • Index of export market penetration was 2.32.
  • World Growth in percentage was 7.73 and Iceland Country Growth was 21.10 .