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Iceland Trade Summary

1995

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 1995

Overall Exports and Imports for Iceland 1995

Exports and imports of Iceland in 1995 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,803 million.
  • The total value of imports (CIF) was 1,751 million.
  • At the HS6 digit level, 771 products were exported to 77 countries and 4,179 products were imported from 114 countries.

Iceland top 5 Export and Import partners 1995

Top five countries to which Iceland exported in 1995 are below, along with the percent of total exports that went to that country:

  1. Iceland exports to United Kingdom worth US$ 347 million, with a partner share of 19.27 percent.
  2. Iceland exports to Germany worth US$ 246 million, with a partner share of 13.66 percent.
  3. Iceland exports to United States worth US$ 223 million, with a partner share of 12.39 percent.
  4. Iceland exports to Japan worth US$ 205 million, with a partner share of 11.35 percent.
  5. Iceland exports to Denmark worth US$ 141 million, with a partner share of 7.84 percent.

Top five countries from which Iceland imported goods in 1995 are below, along with percent of total imports that came from the country :

  1. Iceland imports from Germany worth US$ 200 million, with a partner share of 11.41 percent.
  2. Iceland imports from Norway worth US$ 178 million, with a partner share of 10.18 percent.
  3. Iceland imports from United Kingdom worth US$ 169 million, with a partner share of 9.63 percent.
  4. Iceland imports from Denmark worth US$ 165 million, with a partner share of 9.41 percent.
  5. Iceland imports from United States worth US$ 147 million, with a partner share of 8.40 percent.

Iceland Top 5 Productsexports imports at HS 6 digit level 1995

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 371,319.33 (US$ Thousands).
  2. Iceland exported Shrimps and prawns, prepared or preserved , worth 202,451.20 (US$ Thousands).
  3. Iceland exported Aluminium unwrought, not alloyed , worth 190,179.62 (US$ Thousands).
  4. Iceland exported Cod salted or in brine but not dried or smoked , worth 119,608.90 (US$ Thousands).
  5. Iceland exported Frozen fish, nes , worth 103,259.15 (US$ Thousands).

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

  1. Iceland imported Aluminium oxide, other than artificial corundum , worth 52,563.97 (US$ Thousands).
  2. Iceland imported Fishing vessels and factory ships , worth 42,650.75 (US$ Thousands).
  3. Iceland imported Automobiles with reciprocating piston engine di , worth 34,749.69 (US$ Thousands).
  4. Iceland imported Automobiles with reciprocating piston engine di , worth 28,482.52 (US$ Thousands).
  5. Iceland imported Carbon or graphite electrodes, of a kind used f , worth 28,051.59 (US$ Thousands).

Exports and Imports of Product Groups 1995

Exports and imports of products by stages of processing in 1995 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1995

Tariffs imposed by Iceland in 1995 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 1995

Key Development Indicators of Iceland in 1995 are below

  • Iceland GDP in current US dollar was 7,124 million.
  • GNI per capita, Atlas method (current US$) was not available .
  • Iceland Trade balance: as % of GDP was 3.45.
  • Trade balance in current US$ was 246.00 million.
  • Trade as percentage of GDP was 66.55 .
  • Trade in services as percentage of GDP was 18.46 .

Trade Indicators 1995

Trade Indicators for Iceland in 1995 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 2.41.
  • World Growth in percentage was 11.51 and Iceland Country Growth was 6.97 .