Iceland Trade Summary

1997 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): 1,851
No. Of products: 886
No. Of partners: 91
Importsmore »
Imports (in US$ Mil): 2,019
No. Of products: 4,189
No. Of partners: 122

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Frozen fish fillets322,047.68
Aluminium unwrought, ...214,404.94
Shrimps and prawns, ...172,127.71
Flours, meals and pe ...157,658.18
Cod salted or in bri ...132,241.02
Imports (US$ Thousands)
Automobiles with rec ...71,506.62
Fishing vessels and ...41,991.32
Carbon or graphite e ...37,209.19
Aluminium oxide, oth ...32,480.51
Other medicaments of ...32,056.68

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United Kingdom350 18.91
United States264 14.25
Germany242 13.07
Japan123 6.63
France117 6.34
Exporter Trade (US$ Mil) Partner share(%)
Germany237 11.76
Norway233 11.52
United Kingdom204 10.11
United States190 9.42
Denmark174 8.63

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials720 38.89 90 4.47 ...
Intermediate goods718 38.78 332 16.43 ...
Consumer goods295 15.94 838 41.50 ...
Capital goods111 5.98 616 30.51 ...

Trade Indicators

more »
HH Market concentration index: 0.08
Index of export market penetration: 2.48
World Growth: 3.05
Country Growth: -1.90

Tariffs

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

Development Indicators

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GDP (current US$ Mil): 7,596
GNI per capita, Atlas method (current US$): 28,450.00
Trade Balance (% of GDP): 0.46
Trade Balance (current US$ Mil): 35.00
Trade in services (% of GDP): 0.04
Trade (% of GDP): 70.36