Iceland Trade Summary

2001 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): 2,017
No. Of products: 1,353
No. Of partners: 109
Importsmore »
Imports (in US$ Mil): 2,279
No. Of products: 4,086
No. Of partners: 125

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Aluminium unwrought, ...404,256.02
Frozen fish fillets355,020.75
Cod salted or in bri ...183,425.78
Flours, meals and pe ...133,850.52
Shrimps and prawns, ...123,121.99
Imports (US$ Thousands)
Petroleum oils, etc, ...181,898.71
Aluminium oxide, oth ...97,699.40
Aircraft nes of an u ...67,848.43
Fishing vessels and ...66,607.83
Carbon or graphite e ...53,652.15

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United Kingdom368 18.25
Germany301 14.92
Netherlands220 10.92
United States213 10.55
Portugal111 5.51
Exporter Trade (US$ Mil) Partner share(%)
Germany278 12.18
United States253 11.10
Denmark197 8.64
Norway178 7.80
United Kingdom171 7.52

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials695 34.44 119 5.22 12.07
Intermediate goods921 45.63 414 18.18 1.19
Consumer goods276 13.71 1,046 45.91 5.52
Capital goods102 5.07 695 30.50 0.66

Trade Indicators

more »
HH Market concentration index: 0.09
Index of export market penetration: 2.63
World Growth: -1.74
Country Growth: 2.68

Tariffs

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No Of Tariff Agreement: 2
Maximum Rate (%): 2,366.92
Simple Average (%): 6.26
Weighted Average (%): 3.68
Duty Free Imports (US$ Thousand): 1,342,940.33
Duty Free Tariff Lines Share (%): 58.23

Development Indicators

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GDP (current US$): 8,146
GNI per capita, Atlas method (current US$): 30,710.00
Trade Balance (% of GDP): -0.88
Trade Balance (current US$ Mil): -72.00
Trade in services (% of GDP): 1.24
Trade (% of GDP): 75.53