Iceland Trade Summary

1999 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): 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: 2.54
World Growth: 2.52
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

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GDP (current US$ Mil): 8,931
GNI per capita, Atlas method (current US$): 30,430.00
Trade Balance (% of GDP): -4.55
Trade Balance (current US$ Mil): -406.00
Trade in services (% of GDP): 0.44
Trade (% of GDP): 69.83