Iceland Trade Summary

2018 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): 5,561
No. Of products: 1,507
No. Of partners: 139
Importsmore »
Imports (in US$ Mil): 7,686
No. Of products: 3,993
No. Of partners: 150

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Aluminium unwrought, ...1,592,807.56
Frozen fish fillets466,062.23
Fresh or chilled fis ...442,390.94
Flours, meals and pe ...209,822.31
Bars, rods and other ...184,468.85
Imports (US$ Thousands)
Petroleum oils, etc, ...1,064,530.44
Aluminium oxide, oth ...845,962.56
Carbon or graphite e ...252,151.96
Automobiles nes incl ...174,733.35
Other medicaments of ...143,564.97

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Netherlands1,681 30.22
United Kingdom551 9.91
Spain459 8.25
United States384 6.90
France358 6.43
Exporter Trade (US$ Mil) Partner share(%)
Norway879 11.43
China680 8.85
Germany672 8.75
United States652 8.48
Netherlands487 6.34

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials1,698 30.53 349 4.54 ...
Intermediate goods2,922 52.54 1,610 20.95 ...
Consumer goods583 10.48 3,646 47.43 ...
Capital goods301 5.41 2,080 27.06 ...

Trade Indicators

more »
HH Market concentration index: 0.09
Index of export market penetration: 3.22
World Growth: 4.91
Country Growth: 7.51

Tariffs

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No Of Tariff Agreement: ...
Maximum Rate (%): ...
Simple Average (%): ...
Weighted Average (%): ...
Duty Free Imports (US$ Thousand): ...
Duty Free Tariff Lines Share (%): ...

Development Indicators

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GDP (current US$): 26,261
GNI per capita, Atlas method (current US$): 67,770.00
Trade Balance (% of GDP): 3.46
Trade Balance (current US$ Mil): 908.00
Trade in services (% of GDP): 39.63
Trade (% of GDP): 88.64