Iceland Trade Summary

2011 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): 5,349
No. Of products: 1,587
No. Of partners: 130
Importsmore »
Imports (in US$ Mil): 4,846
No. Of products: 3,951
No. Of partners: 142

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Aluminium unwrought, ...1,937,643.90
Frozen fish fillets376,496.94
Fresh or chilled fis ...278,439.54
Frozen mackerel207,387.01
Frozen fish meat (ex ...189,826.39
Imports (US$ Thousands)
Petroleum oils, etc, ...648,115.09
Aluminium oxide, oth ...575,984.07
Carbon or graphite e ...382,238.28
Other medicaments of ...111,117.33
Aircraft nes of an u ...68,146.42

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Netherlands1,733 32.39
Germany800 14.96
United Kingdom482 9.01
Norway236 4.42
France209 3.91
Exporter Trade (US$ Mil) Partner share(%)
Norway773 15.95
United States527 10.88
Germany383 7.90
Netherlands356 7.35
China303 6.25

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials1,587 29.67 286 5.90 8.19
Intermediate goods2,770 51.79 1,184 24.43 0.63
Consumer goods662 12.37 2,076 42.84 2.11
Capital goods304 5.68 1,295 26.72 0.13

Trade Indicators

more »
HH Market concentration index: 0.10
Index of export market penetration: 2.88
World Growth: 9.30
Country Growth: 8.30

Tariffs

more »
No Of Tariff Agreement: 22
Maximum Rate (%): 2,019.96
Simple Average (%): 2.59
Weighted Average (%): 1.58
Duty Free Imports (US$ Thousand): 4,280,816.39
Duty Free Tariff Lines Share (%): 83.38

Development Indicators

more »
GDP (current US$ Mil): 14,675
GNI per capita, Atlas method (current US$): 37,750.00
Trade Balance (% of GDP): 7.96
Trade Balance (current US$ Mil): 1,168.00
Trade in services (% of GDP): 5.75
Trade (% of GDP): 105.18