Iceland Trade Summary

2000 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): 1,901
No. Of products: 1,345
No. Of partners: 107
Importsmore »
Imports (in US$ Mil): 2,583
No. Of products: 4,138
No. Of partners: 123

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Frozen fish fillets353,144.38
Aluminium unwrought, ...352,621.36
Cod salted or in bri ...174,591.04
Shrimps and prawns, ...119,279.70
Flours, meals and pe ...118,450.38
Imports (US$ Thousands)
Petroleum oils, etc, ...220,049.59
Aluminium oxide, oth ...89,594.57
Automobiles with rec ...83,541.21
Fishing vessels and ...72,548.21
Aircraft nes of an u ...49,073.19

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United Kingdom367 19.31
Germany312 16.42
United States236 12.41
Netherlands147 7.73
Portugal107 5.65
Exporter Trade (US$ Mil) Partner share(%)
Germany306 11.86
United States284 11.00
United Kingdom232 8.97
Norway210 8.13
Denmark205 7.95

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials697 36.68 125 4.85 28.00
Intermediate goods807 42.45 406 15.73 1.51
Consumer goods256 13.46 1,211 46.88 6.31
Capital goods123 6.48 839 32.47 0.51

Trade Indicators

more »
HH Market concentration index: 0.09
Index of export market penetration: 2.61
World Growth: 7.43
Country Growth: 0.51

Tariffs

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No Of Tariff Agreement: 3
Maximum Rate (%): 2,992.05
Simple Average (%): 7.94
Weighted Average (%): 4.72
Duty Free Imports (US$ Thousand): 1,628,609.80
Duty Free Tariff Lines Share (%): 58.29

Development Indicators

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GDP (current US$): 8,946
GNI per capita, Atlas method (current US$): 31,560.00
Trade Balance (% of GDP): -6.95
Trade Balance (current US$ Mil): -622.00
Trade in services (% of GDP): 0.64
Trade (% of GDP): 71.77