Iceland Trade Summary

1999 Data

Iceland exports, imports, tariff by year.

Country / Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
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): 2,010
No. Of products: 1,253
No. Of partners: 94
Importsmore »
Imports (in US$ Mil): 2,315
No. Of products: 4,235
No. Of partners: 129

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Frozen fish fillets438,499.74
Aluminium unwrought, ...312,530.98
Cod salted or in bri ...185,683.36
Shrimps and prawns, ...141,167.79
Flours, meals and pe ...118,519.14
Imports (US$ Thousands)
Automobiles with rec ...98,099.07
Aluminium oxide, oth ...79,843.34
Fishing vessels and ...61,944.22
Carbon or graphite e ...47,381.32
Aircraft nes of an u ...46,734.74

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United Kingdom395 19.65
United States302 15.05
Germany263 13.08
Netherlands121 6.01
France104 5.18
Exporter Trade (US$ Mil) Partner share(%)
Germany276 11.92
United States252 10.88
Norway241 10.40
United Kingdom213 9.21
Denmark188 8.12

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials791 39.38 111 4.78 12.56
Intermediate goods770 38.30 354 15.27 1.37
Consumer goods278 13.81 962 41.53 5.73
Capital goods156 7.77 770 33.27 0.50

Trade Indicators

more »
HH Market concentration index: 0.10
Index of export market penetration: 2.53
World Growth: 2.42
Country Growth: 0.91

Tariffs

more »
No Of Tariff Agreement: 2
Maximum Rate (%): 3,000
Simple Average (%): 6.73
Weighted Average (%): 3.65
Duty Free Imports (US$ Thousand): 1,555,999.11
Duty Free Tariff Lines Share (%): 58.84

Development Indicators

more »
GDP (current US$): 8,982
GNI per capita, Atlas method (current US$): 30,400.00
Trade Balance (% of GDP): -4.52
Trade Balance (current US$ Mil): -406.00
Trade in services (% of GDP): 21.74
Trade (% of GDP): 69.43