Bilateral Tariff Technical Note

Iceland trade balance, exports and imports

by country and region

2023

In 2023, Iceland major trading partner countries for exports were Netherlands, United States, United Kingdom, France and Norway and for imports they were Norway, Germany, China, Netherlands and United States.

Country

Year/Range

Trade Flow

Indicator

Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

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By Country and Region | By Country | By Region

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Partner Name

No Of exported HS6 digit Products

No Of imported HS6 digit Products

Export Share in Total Products (%)

Import Share in Total Products (%)

Trade Balance (US$ Thousand)

Export (US$ Thousand)

Import (US$ Thousand)

Import Partner Share (%)

Export Partner Share (%)

AHS Simple Average (%)

AHS Weighted Average (%)

AHS Total Tariff Lines

AHS Dutiable Tariff Lines Share (%)

AHS Duty Free Tariff Lines Share (%)

AHS Specific Tariff Lines Share (%)

AHS AVE Tariff Lines Share (%)

AHS MaxRate (%)

AHS MinRate (%)

AHS SpecificDuty Imports(US$ Thousand)

AHS Dutiable Imports (US$ Thousand)

AHS Duty Free Imports (US$ Thousand)

MFN Simple Average (%)

MFN Weighted Average (%)

MFN Total Tariff Lines

MFN Dutiable Tariff Lines Share (%)

MFN Duty Free Tariff Lines Share (%)

MFN Specific Tariff Lines Share (%)

MFN AVE Tariff Lines Share (%)

MFN MaxRate (%)

MFN MinRate (%)

MFN SpecificDuty Imports (US$ Thousand)

MFN Dutiable Imports (US$ Thousand)

MFN Duty Free Imports (US$ Thousand)

No Of Tariff Agreement

Afghanistan

0.53

58.19

0.00

100.00

0.00

58.19

3.92

0.35

1.92

96.15

0.00

1.92

142.31

0.00

0.24

57.95

Albania

103

0.42

2.48

-300.36

1.43

301.79

0.00

0.06

0.01

202

4.95

94.55

0.00

0.50

54.27

0.00

0.37

292.11

0.61

0.02

202

18.32

79.70

0.00

1.98

54.27

0.00

0.58

291.89

Andorra

0.94

1286.34

0.01

1.23

0.04

10.59

89.41

0.00

55.00

0.00

2.39

1283.94

1.23

0.04

10.59

89.41

0.00

55.00

0.00

2.39

1283.94

United Arab Emirates

305

2.92

7.35

577.15

1928.08

1350.93

0.01

0.03

0.27

0.01

573

3.84

95.46

0.17

0.52

76.00

0.00

0.07

56.01

1265.38

0.80

0.02

573

9.95

84.12

0.17

5.76

76.00

0.00

0.07

56.89

1264.49

Argentina

141

0.84

3.40

-9493.25

742.41

10235.66

0.11

0.01

3.70

1.24

505

10.89

85.74

0.00

3.37

288.88

0.00

1205.06

992.32

3.70

1.24

505

10.89

85.74

0.00

3.37

288.88

0.00

1205.06

992.32

Armenia

0.10

0.34

24.35

28.99

4.64

0.00

0.11

0.60

10.53

89.47

0.00

10.00

0.00

1.87

2.61

0.11

0.60

10.53

89.47

0.00

10.00

0.00

1.87

2.61

Australia

162

841

8.46

20.27

-218946.15

31828.06

250774.21

2.65

0.47

0.62

0.03

1718

4.60

90.40

1.16

3.84

203.71

0.00

0.47

1341.80

249300.90

0.62

0.03

1718

4.60

90.40

1.16

3.84

203.71

0.00

0.47

1341.80

249300.90

Austria

139

1217

7.26

29.34

-89668.04

2751.42

92419.45

0.98

0.04

0.56

0.74

2462

0.20

98.42

0.00

1.38

200.84

0.00

1144.71

62648.24

1.27

1.90

2462

7.72

88.18

0.00

4.10

257.87

0.00

4071.82

59721.13

Azerbaijan

0.10

0.12

2814.30

2907.90

93.59

0.00

0.04

0.00

100.00

0.00

93.59

0.00

100.00

0.00

93.59

Belgium

254

2038

13.26

49.13

-84927.66

59984.19

144911.85

1.53

0.88

1.00

0.70

3649

0.22

97.70

0.49

1.59

215.49

0.00

84.42

13184.10

106009.52

2.49

5.09

3649

5.43

88.96

1.04

4.58

288.88

0.00

92.01

34819.65

84373.98

Iceland trade balance, exports and imports

by country and region

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