Exports in Iceland decreased to 44081.75 ISK Million in August from 46768.08 ISK Million in July of 2020.

Exports in Iceland averaged 14353.96 ISK Million from 1960 until 2020, reaching an all time high of 76557.01 ISK Million in January of 2019 and a record low of 0.78 ISK Million in January of 1960. This page provides the latest reported value for - Iceland Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iceland Exports - values, historical data and charts - was last updated on September of 2020.

Exports in Iceland is expected to be 49800.00 ISK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Iceland to stand at 58900.00 in 12 months time. In the long-term, the Iceland Exports is projected to trend around 60500.00 ISK Million in 2021, according to our econometric models.

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Iceland Exports

Actual Previous Highest Lowest Dates Unit Frequency
44081.75 46768.08 76557.01 0.78 1960 - 2020 ISK Million Monthly

Iceland Trade Last Previous Highest Lowest Unit
Balance of Trade -11234.43 -11619.18 24063.60 -28988.51 ISK Million [+]
Current Account 6954.00 16735.00 99975.00 -137239.00 ISK Million [+]
Current Account to GDP 5.80 3.10 7.60 -23.00 percent [+]
Imports 55316.18 58387.26 74676.84 1.21 ISK Million [+]
Exports 44081.75 46768.08 76557.01 0.78 ISK Million [+]
External Debt 2647551.00 2585660.00 15748529.00 280593.00 ISK Million [+]
Capital Flows 21609.00 34140.00 414266.00 -418160.00 ISK Million [+]
Gold Reserves 2.00 2.00 2.00 1.84 Tonnes [+]
Remittances 1182.00 1403.00 2448.00 18.00 ISK Million [+]
Terrorism Index 0.03 0.06 1.22 0.00 [+]
Tourist Arrivals 45614.00 5943.00 291344.00 924.00 [+]
Foreign Direct Investment -6243.00 -38139.00 199978.00 -553027.00 ISK Million [+]


Iceland Exports
In 2017, the country’s main exports were: manufacturing products (54 percent of total exports), of which aluminium and aluminium products (39 percent); marine products (38 percent), of which frozen fish fillets (9 percent), fresh fish (9 percent) and whole frozen fish (5 percent); and agricultural products (4 percent). Iceland’s main export partners were: the Netherlands (25 percent of total exports); Spain (13 percent); the UK (9 percent); Germany (8 percent); the US (7 percent); France (6 percent); and Norway (5 percent).

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category