Iceland Imports

Imports in Iceland increased to 68000 ISK Million in September from 57454.70 ISK Million in August of 2019. Imports in Iceland averaged 14689.80 ISK Million from 1960 until 2019, reaching an all time high of 74529.60 ISK Million in June of 2019 and a record low of 1.21 ISK Million in January of 1960.

Imports in Iceland is expected to be 69500.00 ISK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Iceland to stand at 60200.00 in 12 months time. In the long-term, the Iceland Imports is projected to trend around 74400.00 ISK Million in 2020, according to our econometric models.

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Iceland Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	-17100.00	-12029.60	24129.80	-28523.60	ISK Million	[+]
Current Account	11.15	40.33	99.98	-137.24	ISK Billion	[+]
Current Account to GDP	2.80	3.30	7.50	-23.00	percent	[+]
Imports	68000.00	57454.70	74529.60	1.21	ISK Million	[+]
Exports	50900.00	45425.10	76557.90	0.78	ISK Million	[+]
External Debt	2408.15	2331.41	15748.53	280.59	ISK Billion	[+]
Capital Flows	8.57	84.27	414.27	-418.16	ISK Billion	[+]
Gold Reserves	1.98	2.00	2.00	1.84	Tonnes	[+]
Remittances	1747.00	1526.00	2448.00	18.00	ISK Million	[+]
Terrorism Index	0.06	0.13	1.22	0.00		[+]
Tourist Arrivals	231281.00	194912.00	291344.00	10592.00		[+]
Foreign Direct Investment	8.49	-43.12	199.98	-553.03	ISK Billion	[+]

United Nations Comtrade Database

Exports by Country | Exports by Category | Imports by Country | Imports by Category

Iceland Imports

In 2017, Iceland’s main imports were: processed industrial supplies (26 percent of total imports); capital goods (21 percent); transport equipment (19 percent), of which passenger cars (9 percent); consumer goods (13 percent), of which semi- (5 percent) and non-durable goods (5 percent); fuels and lubricants (11 percent); and food and beverages (8 percent). Iceland’s major import partners were: Germany (11 percent of total imports); Norway (9 percent); China and the Netherlands (7 percent each); the US, Denmark and the UK (6 percent each); and Sweden (4 percent). This page provides - Iceland Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Imports - actual data, historical chart and calendar of releases - was last updated on October of 2019.