Iceland Trade Summary

2015 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): 4,722
No. Of products: 1,520
No. Of partners: 125
Importsmore »
Imports (in US$ Mil): 5,285
No. Of products: 4,015
No. Of partners: 148

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Aluminium unwrought, ...1,364,277.03
Fresh or chilled fis ...340,689.84
Frozen fish fillets334,341.02
Flours, meals and pe ...222,318.83
Bars, rods and other ...163,837.55
Imports (US$ Thousands)
Petroleum oils, etc, ...617,618.25
Aluminium oxide, oth ...518,198.28
Carbon or graphite e ...163,241.85
Aircraft nes of an u ...155,917.05
Carbon or graphite e ...148,825.12

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Netherlands1,230 26.05
United Kingdom548 11.61
Spain545 11.55
Germany352 7.45
France270 5.71
Exporter Trade (US$ Mil) Partner share(%)
Norway536 10.14
Germany454 8.59
United States415 7.86
China414 7.84
Denmark375 7.10

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials1,360 28.80 337 6.39 12.32
Intermediate goods2,561 54.23 1,115 21.10 0.74
Consumer goods531 11.25 2,290 43.32 1.74
Capital goods235 4.98 1,537 29.08 0.08

Trade Indicators

more »
HH Market concentration index: 0.10
Index of export market penetration: 2.84
World Growth: -6.47
Country Growth: -3.62

Tariffs

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No Of Tariff Agreement: 32
Maximum Rate (%): 2,460.39
Simple Average (%): 2.22
Weighted Average (%): 1.42
Duty Free Imports (US$ Thousand): 4,762,622.90
Duty Free Tariff Lines Share (%): 86.30

Development Indicators

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GDP (current US$): 16,784
GNI per capita, Atlas method (current US$): 50,260.00
Trade Balance (% of GDP): 7.53
Trade Balance (current US$ Mil): 1,263.00
Trade in services (% of GDP): 42.78
Trade (% of GDP): 99.85