Iceland Trade Summary

2013 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): 4,998
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: 0.07
Index of export market penetration: 2.92
World Growth: 1.01
Country Growth: -7.50

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$): 15,479
GNI per capita, Atlas method (current US$): 47,080.00
Trade Balance (% of GDP): 7.95
Trade Balance (current US$ Mil): 1,231.00
Trade in services (% of GDP): 44.07
Trade (% of GDP): 102.86