Overall Exports and Imports for Iceland 2018
- The total value of exports (FOB) is US$ 5,561 million.
- The total value of imports (CIF) is US$ 7,686 million.
- At the HS6 digit level, 1,507 products are exported to 139 countries and 3,993 products are imported from 150 countries.
Top 5 Products exports imports at HS 6 digit level 2018
The top five exported HS 6 digit level products to world by Iceland along with trade value are:
- Iceland exported Aluminium unwrought, not alloyed , worth US$ 1,592,807.56 million.
- Iceland exported Frozen fish fillets , worth US$ 466,062.23 million.
- Iceland exported Fresh or chilled fish fillets , worth US$ 442,390.94 million.
- Iceland exported Flours, meals and pellets of fish, etc, unfit f , worth US$ 209,822.31 million.
- Iceland exported Bars, rods and other profiles, aluminium alloye , worth US$ 184,468.85 million.
The top five imported HS 6 digit level products from world by Iceland along with trade value are
- Iceland imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 1,064,530.44 million.
- Iceland imported Aluminium oxide, other than artificial corundum , worth US$ 845,962.56 million.
- Iceland imported Carbon or graphite electrodes, of a kind used f , worth US$ 252,151.96 million.
- Iceland imported Automobiles nes including gas turbine powered , worth US$ 174,733.35 million.
- Iceland imported Other medicaments of mixed or unmixed products, , worth US$ 143,564.97 million.
Iceland top 5 Export and Import partners 2018
The top five countries to which Iceland exported 2018 along with the partner share in percentage are:
- Iceland exports to Netherlands worth US$ 1,681 million, with a partner share of 30.22 percent.
- Iceland exports to United Kingdom worth US$ 551 million, with a partner share of 9.91 percent.
- Iceland exports to Spain worth US$ 459 million, with a partner share of 8.25 percent.
- Iceland exports to United States worth US$ 384 million, with a partner share of 6.90 percent.
- Iceland exports to France worth US$ 358 million, with a partner share of 6.43 percent.
The top five countries to which Iceland imported goods 2018 along with the share in percentage are
- Iceland imports from Norway worth US$ 879 million, with a partner share of 11.43 percent.
- Iceland imports from China worth US$ 680 million, with a partner share of 8.85 percent.
- Iceland imports from Germany worth US$ 672 million, with a partner share of 8.75 percent.
- Iceland imports from United States worth US$ 652 million, with a partner share of 8.48 percent.
- Iceland imports from Netherlands worth US$ 487 million, with a partner share of 6.34 percent.
Iceland Exports and Imports of Product Groups 2018
Exports and imports of products by stages of processing in 2018 are below along with their corresponding Product Share as percent of total export or import.
- Iceland Raw materials exports are worth US$ 1,698 million, product share of 30.53%.
- Iceland Raw materials imports are worth US$ 349 million, product share of 4.54%.
- Iceland Intermediate goods exports are worth US$ 2,922 million, product share of 52.54%.
- Iceland Intermediate goods imports are worth US$ 1,610 million, product share of 20.95%.
- Iceland Consumer goods exports are worth US$ 583 million, product share of 10.48%.
- Iceland Consumer goods imports are worth US$ 3,646 million, product share of 47.43%.
- Iceland Capital goods exports are worth US$ 301 million, product share of 5.41%.
- Iceland Capital goods imports are worth US$ 2,080 million, product share of 27.06%.
Iceland Trade Indicators 2018
- Hirschman Herfindahl Market concentration index is 0.08.
- Index of export market penetration is 0.08.
- World Growth in percentage is 0.08 and Iceland Country Growth is 7.45.
Iceland Service Trade data from WDI 2018
- Iceland, Service imports (BoP, current US$) is 4,279,316,706.60.
- Iceland, Service exports (BoP, current US$) is 6,571,551,101.20.
- Iceland, Imports of goods and services as percentage of GDP is 44.13 %.
- Iceland, Exports of goods and services as percentage of GDP is 47.22 %.