Imports in Iceland rose by 58 percent on year to a higher 121.4 ISK billion in May of 2022 amid increased purchase values of fuels and lubricants (+483 percent), and industrial supplies (+64 percent). source: Statistics Iceland

Imports in Iceland averaged 18421.06 ISK Million from 1960 until 2022, reaching an all time high of 121438.90 ISK Million in May of 2022 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 June of 2022.

Imports in Iceland is expected to be 74400.00 ISK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Imports is projected to trend around 74400.00 ISK Million in 2023, according to our econometric models.

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Iceland Imports

Related Last Previous Unit Reference
Balance of Trade -28298.90 -16926.50 ISK Million May 2022
Imports 121438.90 91775.60 ISK Million May 2022
Exports 93140.00 74849.10 ISK Million May 2022

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).
Actual Previous Highest Lowest Dates Unit Frequency
121438.90 91775.60 121438.90 1.21 1960 - 2022 ISK Million Monthly
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United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category