Iceland Trade Summary

2009 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): 4,057
No. Of products: 1,562
No. Of partners: 127
Importsmore »
Imports (in US$ Mil): 3,604
No. Of products: 3,926
No. Of partners: 127

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Aluminium unwrought, ...1,382,388.78
Frozen fish fillets316,456.28
Fresh or chilled fis ...228,072.76
Aircraft nes of an u ...182,879.07
Cod salted or in bri ...138,803.23
Imports (US$ Thousands)
Aluminium oxide, oth ...425,095.58
Petroleum oils, etc, ...401,047.49
Carbon or graphite e ...305,268.31
Other medicaments of ...103,480.92
Aircraft nes of an u ...100,011.58

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Netherlands1,247 30.74
United Kingdom518 12.77
Germany457 11.26
Norway235 5.80
Spain195 4.82
Exporter Trade (US$ Mil) Partner share(%)
Norway467 12.97
Netherlands311 8.63
Germany298 8.26
Sweden290 8.06
Denmark262 7.27

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials1,169 28.81 199 5.51 8.07
Intermediate goods2,065 50.89 899 24.95 0.67
Consumer goods387 9.55 1,542 42.79 2.35
Capital goods415 10.23 961 26.66 0.13

Trade Indicators

more »
HH Market concentration index: 0.09
Index of export market penetration: 2.80
World Growth: -12.27
Country Growth: -5.74

Tariffs

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No Of Tariff Agreement: 20
Maximum Rate (%): 2,160.34
Simple Average (%): 2.79
Weighted Average (%): 1.65
Duty Free Imports (US$ Thousand): 3,207,266.22
Duty Free Tariff Lines Share (%): 81.71

Development Indicators

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GDP (current US$ Mil): 12,887
GNI per capita, Atlas method (current US$): 41,960.00
Trade Balance (% of GDP): 9.01
Trade Balance (current US$ Mil): 1,161.00
Trade in services (% of GDP): 3.62
Trade (% of GDP): 90.38