Iceland trade statistics


Exports, Imports, Products, Tariffs, GDP and related Development Indicator.


Country ISO3 : ISL Country Code : 352 Income Group : High income Lending Category : Region : Europe & Central Asia Currency Unit : Iceland krona WTO Member : Yes

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Product Exports and Imports

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Iceland had a total export of 5,228,360.52 in thousands of US$ and total imports of 6,579,003.95 in thousands of US$ leading to a negative trade balance of -1,350,643.43 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Iceland is 1.53% and the Most Favored Nation (MFN) Weighted Average tariff is 2.93%.The trade growth is -7.11% compared to a world growth of -1.13%. GDP of Iceland is 24,836,714,771.46 in current US$. Iceland services export is 5,675,320,803.84 in BoP, current US$ and services import is 3,566,393,311.76 in Bop, current US$.Iceland exports of goods and services as percentage of GDP is 44.36% and imports of goods and services as percentage of GDP is 39.30%.

Iceland Country Growth v/s World Growth v/s GDP Growth
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