Iceland Trade Summary

2002 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): 2,229
No. Of products: 1,304
No. Of partners: 103
Importsmore »
Imports (in US$ Mil): 2,274
No. Of products: 4,027
No. Of partners: 123

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Aluminium unwrought, ...420,979.12
Frozen fish fillets395,117.31
Flours, meals and pe ...197,509.78
Cod salted or in bri ...157,478.37
Shrimps and prawns, ...127,887.77
Imports (US$ Thousands)
Petroleum oils, etc, ...173,211.32
Aluminium oxide, oth ...99,535.22
Aircraft nes of an u ...79,912.79
Carbon or graphite e ...62,245.21
Other medicaments of ...59,507.79

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Germany412 18.48
United Kingdom390 17.49
United States244 10.92
Netherlands241 10.80
Spain117 5.23
Exporter Trade (US$ Mil) Partner share(%)
United States253 11.13
Germany243 10.68
Denmark193 8.50
Norway182 8.00
United Kingdom169 7.45

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials783 35.13 136 5.99 ...
Intermediate goods996 44.67 456 20.07 ...
Consumer goods323 14.50 1,041 45.79 ...
Capital goods106 4.77 636 27.96 ...

Trade Indicators

more »
HH Market concentration index: 0.09
Index of export market penetration: 2.69
World Growth: 2.05
Country Growth: 1.48

Tariffs

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

Development Indicators

more »
GDP (current US$): 9,200
GNI per capita, Atlas method (current US$): 30,920.00
Trade Balance (% of GDP): 1.53
Trade Balance (current US$ Mil): 141.00
Trade in services (% of GDP): 1.15
Trade (% of GDP): 70.26