Iceland Trade Summary

2012 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): 5,063
No. Of products: 1,603
No. Of partners: 125
Importsmore »
Imports (in US$ Mil): 4,772
No. Of products: 3,959
No. Of partners: 139

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Aluminium unwrought, ...1,726,685.43
Frozen fish fillets321,821.54
Fresh or chilled fis ...284,243.33
Frozen fish meat (ex ...208,742.54
Flours, meals and pe ...178,298.87
Imports (US$ Thousands)
Petroleum oils, etc, ...663,353.69
Aluminium oxide, oth ...508,174.32
Carbon or graphite e ...351,157.80
Aircraft nes of an u ...141,387.16
Other medicaments of ...109,731.77

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Netherlands1,517 29.96
Germany652 12.87
United Kingdom497 9.82
Norway258 5.10
United States228 4.51
Exporter Trade (US$ Mil) Partner share(%)
Norway793 16.63
United States489 10.24
Germany438 9.18
China342 7.16
Brazil317 6.65

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials1,517 29.96 246 5.15 7.28
Intermediate goods2,605 51.45 1,093 22.90 0.74
Consumer goods612 12.08 2,099 43.98 2.25
Capital goods299 5.90 1,324 27.74 0.11

Trade Indicators

more »
HH Market concentration index: 0.11
Index of export market penetration: 2.91
World Growth: 0.03
Country Growth: 1.05

Tariffs

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No Of Tariff Agreement: 23
Maximum Rate (%): 2,561.25
Simple Average (%): 2.60
Weighted Average (%): 1.47
Duty Free Imports (US$ Thousand): 4,184,518.85
Duty Free Tariff Lines Share (%): 82.61

Development Indicators

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GDP (current US$ Mil): 14,219
GNI per capita, Atlas method (current US$): 40,750.00
Trade Balance (% of GDP): 5.97
Trade Balance (current US$ Mil): 849.00
Trade in services (% of GDP): 5.21
Trade (% of GDP): 107.97