Iceland Imports  Forecast


Imports in Iceland is expected to be 59141.30 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 56735.54 in 12 months time. In the long-term, the Iceland Imports is projected to trend around 53798.04 ISK Million in 2020, according to our econometric models.


Iceland Imports
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Iceland Trade Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade -9600 -14264 -7480 -9168 -7574 -4110
Exports 46000 43346 42708 42212 41874 38913
Imports 55000 59141 57249 57050 56736 53798
Current Account 16.29 43.51 36.73 24.14 17.84 13.33
Current Account to GDP 8 4.6 4.6 4.5 4.5 4
External Debt 2558252 2562965 2608187 2659787 2751891 3824960
Capital Flows -3.92 2.63 -46.05 -29.39 -19.85 -11.55
Gold Reserves 1.98 1.98 1.98 1.98 1.98 1.98
Foreign Direct Investment -22404 -10748 -25305 -12661 -7192 10799
Remittances 753 319 344 362 346 346
Terrorism Index 0.25 0.85 1.02 0.86 0.71 0.81
Tourist Arrivals 146429 110100 94700 83100 75100 56500