Iceland Trade Summary

1994 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): 1,627
No. Of products: 604
No. Of partners: 76
Importsmore »
Imports (in US$ Mil): 1,472
No. Of products: 4,136
No. Of partners: 114

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Frozen fish fillets386,832.54
Aluminium unwrought, ...155,182.96
Shrimps and prawns, ...152,535.49
Frozen fish, nes123,096.22
Cod salted or in bri ...111,527.72
Imports (US$ Thousands)
Fishing vessels and ...57,011.30
Aluminium oxide, oth ...31,533.16
Automobiles with rec ...25,824.35
Carbon or graphite e ...24,485.78
Other medicaments of ...21,977.70

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United Kingdom331 20.35
United States236 14.49
Japan229 14.09
Germany209 12.84
France118 7.23
Exporter Trade (US$ Mil) Partner share(%)
Norway211 14.30
Germany165 11.22
United Kingdom145 9.86
Denmark132 9.00
United States131 8.90

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials808 49.68 69 4.71 ...
Intermediate goods482 29.64 261 17.71 ...
Consumer goods259 15.90 631 42.83 ...
Capital goods74 4.54 397 26.96 ...

Trade Indicators

more »
HH Market concentration index: 0.11
Index of export market penetration: 2.32
World Growth: 15.29
Country Growth: 10.58

Tariffs

more »
No Of Tariff Agreement: ...
Maximum Rate (%): ...
Simple Average (%): ...
Weighted Average (%): ...
Duty Free Imports (US$ Thousand): ...
Duty Free Tariff Lines Share (%): ...

Development Indicators

more »
GDP (current US$): 6,442
GNI per capita, Atlas method (current US$): 25,660.00
Trade Balance (% of GDP): 4.99
Trade Balance (current US$ Mil): 321.00
Trade in services (% of GDP): 18.57
Trade (% of GDP): 64.92