Imports in Iceland increased to 82970.70 ISK Million in March from 64480.20 ISK Million in February of 2021. source: Statistics Iceland

Imports in Iceland averaged 16991.85 ISK Million from 1960 until 2021, reaching an all time high of 82970.70 ISK Million in March of 2021 and a record low of 1.21 ISK Million in January of 1960. This page provides - Iceland Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Imports - values, historical data and charts - was last updated on April of 2021.

Imports in Iceland is expected to be 73600.00 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 74400.00 in 12 months time. In the long-term, the Iceland Imports is projected to trend around 74400.00 ISK Million in 2022, according to our econometric models.

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Iceland Imports

Actual Previous Highest Lowest Dates Unit Frequency
82970.70 64480.20 82970.70 1.21 1960 - 2021 ISK Million Monthly
Current Prices, NSA

Iceland Trade Last Previous Highest Lowest Unit
Balance of Trade -21400.00 -11925.70 21093.00 -33367.10 ISK Million [+]
Current Account 22086.00 2853.00 104939.00 -133503.00 ISK Million [+]
Current Account to GDP 1.00 6.40 8.10 -22.70 percent [+]
Imports 82970.70 64480.20 82970.70 1.21 ISK Million [+]
Exports 61535.10 52554.50 76594.10 0.78 ISK Million [+]
External Debt 2379828.00 2625978.00 15748529.00 280593.00 ISK Million [+]
Capital Flows 75683.00 28570.00 414266.00 -418160.00 ISK Million [+]
Gold Reserves 1.98 1.98 2.00 1.84 Tonnes [+]
Remittances 1482.00 1381.00 2448.00 18.00 ISK Million [+]
Terrorism Index 0.00 0.03 1.22 0.00 [+]
Tourist Arrivals 4362.00 8135.00 291344.00 924.00 [+]
Foreign Direct Investment 4503.00 -93593.00 199978.00 -553027.00 ISK Million [+]


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).

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