Loading..

Iceland Trade Summary

2009

Iceland exports, imports, tariff by year.

Country and Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
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 2009

Overall Exports and Imports for Iceland 2009

Exports and imports of Iceland in 2009 are below, along with number of countries and products

  • The total value of exports (FoB) was 4,057 million.
  • The total value of imports (CIF) was 3,604 million.
  • At the HS6 digit level, 1,562 products were exported to 127 countries and 3,926 products were imported from 127 countries.

Iceland top 5 Export and Import partners 2009

Top five countries to which Iceland exported in 2009 are below, along with the percent of total exports that went to that country:

  1. Iceland exports to Netherlands worth US$ 1,247 million, with a partner share of 30.74 percent.
  2. Iceland exports to United Kingdom worth US$ 518 million, with a partner share of 12.77 percent.
  3. Iceland exports to Germany worth US$ 457 million, with a partner share of 11.26 percent.
  4. Iceland exports to Norway worth US$ 235 million, with a partner share of 5.80 percent.
  5. Iceland exports to Spain worth US$ 195 million, with a partner share of 4.82 percent.

Top five countries from which Iceland imported goods in 2009 are below, along with percent of total imports that came from the country :

  1. Iceland imports from Norway worth US$ 467 million, with a partner share of 12.97 percent.
  2. Iceland imports from Netherlands worth US$ 311 million, with a partner share of 8.63 percent.
  3. Iceland imports from Germany worth US$ 298 million, with a partner share of 8.26 percent.
  4. Iceland imports from Sweden worth US$ 290 million, with a partner share of 8.06 percent.
  5. Iceland imports from Denmark worth US$ 262 million, with a partner share of 7.27 percent.

Iceland Top 5 Productsexports imports at HS 6 digit level 2009

The top five exported HS 6 digit level products to world by Iceland along with trade value are:

  1. Iceland exported Aluminium unwrought, not alloyed , worth 1,382,388.78 (US$ Thousands).
  2. Iceland exported Frozen fish fillets , worth 316,456.28 (US$ Thousands).
  3. Iceland exported Fresh or chilled fish fillets , worth 228,072.76 (US$ Thousands).
  4. Iceland exported Aircraft nes of an unladen weight exceeding 15, , worth 182,879.07 (US$ Thousands).
  5. Iceland exported Cod salted or in brine but not dried or smoked , worth 138,803.23 (US$ Thousands).

The top five imported HS 6 digit level products from world by Iceland along with trade value are

  1. Iceland imported Aluminium oxide, other than artificial corundum , worth 425,095.58 (US$ Thousands).
  2. Iceland imported Petroleum oils, etc, (excl. crude); preparation , worth 401,047.49 (US$ Thousands).
  3. Iceland imported Carbon or graphite electrodes, of a kind used f , worth 305,268.31 (US$ Thousands).
  4. Iceland imported Other medicaments of mixed or unmixed products, , worth 103,480.92 (US$ Thousands).
  5. Iceland imported Aircraft nes of an unladen weight exceeding 15, , worth 100,011.58 (US$ Thousands).

Exports and Imports of Product Groups 2009

Exports and imports of products by stages of processing in 2009 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2009

Tariffs imposed by Iceland in 2009 are below

  • The maximum rate of tariff in percentage on any product was 2,160.34 percent.
  • The simple average tariff across all products was 2.79 percent.
  • The trade weighted average tariff was 1.65 .
  • The total duty free imports in thousands of US dollars were 3,207,266.22 and duty free tariff line items share was 81.71 percent.

Development Indicators 2009

Key Development Indicators of Iceland in 2009 are below

  • Iceland GDP in current US dollar was 13,154 million.
  • GNI per capita, Atlas method (current US$) was 41,860.00 .
  • Iceland Trade balance: as % of GDP was 8.04.
  • Trade balance in current US$ was 1,058.00 million.
  • Trade as percentage of GDP was 89.39 .
  • Trade in services as percentage of GDP was 35.35 .

Trade Indicators 2009

Trade Indicators for Iceland in 2009 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 2.82.
  • World Growth in percentage was -12.22 and Iceland Country Growth was -5.27 .