Iceland Trade Summary

2013 Data

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

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): 4,998
No. Of products: 1,570
No. Of partners: 130
Importsmore »
Imports (in US$ Mil): 5,019
No. Of products: 3,959
No. Of partners: 136

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Aluminium unwrought, ...1,498,980.82
Frozen fish fillets343,017.33
Fresh or chilled fis ...337,230.07
Flours, meals and pe ...217,880.56
Frozen fish, nes178,021.52
Imports (US$ Thousands)
Petroleum oils, etc, ...896,010.13
Aluminium oxide, oth ...502,534.83
Carbon or graphite e ...353,256.12
Other medicaments of ...115,277.21
Foil, aluminium, not ...60,368.81

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Netherlands1,501 30.03
Germany607 12.14
United Kingdom474 9.48
Norway237 4.73
United States235 4.71
Exporter Trade (US$ Mil) Partner share(%)
Norway756 15.06
United States484 9.64
Denmark416 8.30
Germany402 8.02
China392 7.81

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials1,600 32.02 260 5.17 9.78
Intermediate goods2,576 51.55 1,106 22.03 0.78
Consumer goods545 10.90 2,393 47.67 2.29
Capital goods254 5.09 1,255 25.01 0.12

Trade Indicators

more »
HH Market concentration index: 0.09
Index of export market penetration: 2.93
World Growth: 1.19
Country Growth: 5.98

Tariffs

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No Of Tariff Agreement: 26
Maximum Rate (%): 2,483.57
Simple Average (%): 2.60
Weighted Average (%): 1.66
Duty Free Imports (US$ Thousand): 4,156,315.43
Duty Free Tariff Lines Share (%): 83.42

Development Indicators

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GDP (current US$): 16,125
GNI per capita, Atlas method (current US$): 46,960.00
Trade Balance (% of GDP): 7.71
Trade Balance (current US$ Mil): 1,243.00
Trade in services (% of GDP): 42.33
Trade (% of GDP): 98.79