Iceland Trade Summary

2010 Data

Iceland exports, imports, tariff by year.
Iceland monthly trade data
Iceland quarterly trade data

Country / 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

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 4,603
No. Of products: 1,548
No. Of partners: 129
Importsmore »
Imports (in US$ Mil): 3,914
No. Of products: 3,931
No. Of partners: 131

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Aluminium unwrought, ...1,825,004.62
Frozen fish fillets330,784.93
Fresh or chilled fis ...240,564.49
Frozen fish, nes129,471.04
Fish fillets, dried, ...129,390.39
Imports (US$ Thousands)
Aluminium oxide, oth ...515,536.25
Petroleum oils, etc, ...461,666.14
Carbon or graphite e ...292,234.07
Other medicaments of ...102,775.03
Frozen shrimps and p ...56,155.80

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Netherlands1,564 33.98
Germany643 13.96
United Kingdom465 10.11
Spain218 4.74
United States210 4.57
Exporter Trade (US$ Mil) Partner share(%)
Norway354 9.06
Brazil340 8.69
Netherlands333 8.51
United States311 7.93
Germany294 7.51

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials1,247 27.09 238 6.08 5.74
Intermediate goods2,473 53.73 1,036 26.45 0.63
Consumer goods588 12.78 1,652 42.21 2.24
Capital goods275 5.98 985 25.16 0.14

Trade Indicators

more »
HH Market concentration index: 0.10
Index of export market penetration: 2.81
World Growth: 10.44
Country Growth: 7.95

Tariffs

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No Of Tariff Agreement: 22
Maximum Rate (%): 2,012.23
Simple Average (%): 2.55
Weighted Average (%): 1.50
Duty Free Imports (US$ Thousand): 3,481,111.20
Duty Free Tariff Lines Share (%): 83.01

Development Indicators

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GDP (current US$): 13,255
GNI per capita, Atlas method (current US$): 36,520.00
Trade Balance (% of GDP): 10.20
Trade Balance (current US$ Mil): 1,352.00
Trade in services (% of GDP): 5.41
Trade (% of GDP): 97.14