Iceland Exports

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Exports from Iceland decreased 26.1 percent year-on-year to ISK 31.4 billion in February 2017, dragged down by lower sales of marine products (-55.2 percent from -32.8 percent in January); manufacturing (-5.9 percent from +0.5 percent). By contrast, agricultural products rose faster (20 percent from 14.3 percent). Exports in Iceland averaged 12200.19 ISK Million from 1960 until 2017, reaching an all time high of 63354.30 ISK Million in March of 2015 and a record low of 0.78 ISK Million in January of 1960.


Iceland Exports

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Iceland’s economy is highly export-driven. Iceland’s main exports are fish and fish products 40%, aluminum and alloys 40% and animal products. Fishing industry provides 70% of export income. Iceland’s main export partners are Euro Area, United Kingdom and United States. 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 – actual data, historical chart and calendar of releases – was last updated on March of 2017.

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  1. Brunei Balance of Trade Brunei trade surplus decreased 41.5 percent year-on-year to BND 203.3 million in December of 2016 compared to a BND 347.7 million surplus a year earlier. Exports fell 23.7 percent, driven by lower sales of: mineral fuels (-27.7 percent), namely liquefied natural gas (-48.6 percent), and manufactured goods (-21.6 percent). Imports declined 4.5 percent due to lower purchases of: machinery and transport equipment (-11.5 percent); manufactured goods (-18.4 percent); miscellaneous manufactured articles (-7.2 percent); food (-3 percent) and crude materials inedible (-45.6 percent). Main export partners were Japan (30.6 percent of total exports); Malaysia (11.3 percent); China (11.1 percent). The highest...

  2. Singapore Balance of Trade Singapore recorded a trade surplus of 3.29 SGD billion in January of 2017, compared to a 5.80 SGD billion surplus a year earlier. It was the smallest trade surplus since October 2014, as total exports increased by 11.1 percent (following a 9.2 percent rise in December) while total imports surge 21.0 percent (compared to a 13.2 percent growth in the preceding month). Total trade rose 15.6 percent, after a 11.0 percent increase in a month earlier. In December 2016, trade surplus came in at 6.12 SGD billion. Balance of Trade in Singapore averaged 735.28 Million SGD from 1964 until 2017,...

  3. Norway Balance of Trade Norway recorded a trade surplus of 23.54 NOK billion in February of 2017, a surge of 80.8 percent from the same month a year earlier, as exports jumped while imports fell. Year-on-year, sales grew by 18.0 percent to 71.24 NOK billion, driven by ships and oil platforms (728.5 percent), natural gas condensates (633.8 percent), crude oil (51.9 percent) and natural gas (21.8 percent). Imports declined by 3.7 percent to 47.71 NOK billion, mainly due to a 12.1 percent fall in purchases of food and live animals, a 10.3 percent drop in purchases of beverages and tobacco and...

  4. Peru Balance of Trade Peru trade balance shifted to USD 150 million surplus in January of 2017 from USD 507 million gap in the same period of the previous year. Sales jumped 25.9 percent to USD 3.1 billion, mainly driven by fisheries (483.3 percent), agriculture (31.1 percent), miseries (22.7 percent), oil and gas (97.9 percent), metallurgy and jewellery (40.9 percent). Imports fell 0.5 percent to USD 3 billion, led by industrial capital goods (-4.8 percent), transport equipment (-23.6 percent) and building materials (-41.4 percent). Balance of Trade in Peru averaged 75.02 USD Million from 1957 until 2017, reaching an all time...

  5. Mongolia Balance of Trade Mongolia recorded a trade surplus of 183 USD Million in February of 2017. Balance of Trade in Mongolia averaged -20.28 USD Million from 1997 until 2017, reaching an all time high of 362.30 USD Million in December of 2016 and a record low of -369.70 USD Million in July of 2012.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=mongoliabt&v=201703160122t&h=300&w=600&ref=/mongolia/balance-of-trade’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/mongolia/balance-of-trade’>tradingeconomics.com</a> Calendar GMT Reference Actual Previous Consensus Forecast 2017-01-17 11:00...

  6. Macau Balance of Trade Macau trade deficit increased to MOP 4.28 billion in February of 2017, compared to a MOP 4.08 billion gap in a year earlier. Exports rose by 27.24 percent to MOP 0.90 billion, driven by tobacco & wine (99.6 percent), diamond & diamond jewellry (93.6 percent), non-textiles (32.4 percent), electronic components (14.2 percent), and watches (8.5 percent). Imports increased by 9.1 percent to MOP 5.18 billion, mainly boosted by watches (50.5 percent), followed by gold jewellry (20.6 percent), handbags & wallets (18.5 percent), garment & footwear (6.3 percent), mobile phone (5.9 percent), and food & beverages (3.4 percent)....

  7. Croatia GDP Annual Growth Rate Croatia’s gross domestic product advanced 3.4 percent year-on-year in the fourth quarter of 2016, following a 2.9 percent growth in the previous period, according to preliminary estimates. It was the strongest expansion since the first quarter of 2008, boosted by household consumption (3.6 percent vs 3.4 percent in Q3) and investments (4.6 percent from 2.9 percent). Meanwhile, the growth slowed for government expenditure (1.8 percent vs 2.1 percent in Q2). The contribution of net foreign demand was negative (-0.3 percent), as exports rose 9.7 percent (6.3 percent in Q3) and imports also advanced 9.7 percent (6 percent in Q3). On...

  8. Tunisia GDP Annual Growth Rate The Gross Domestic Product (GDP) in Tunisia expanded 1.10 percent in the fourth quarter of 2016 over the same quarter of the previous year. GDP Annual Growth Rate in Tunisia averaged 3.36 percent from 2001 until 2016, reaching an all time high of 7.40 percent in the first quarter of 2004 and a record low of -2.20 percent in the third quarter of 2011.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=tunisiagdpyoy&v=201704010521t&h=300&w=600&ref=/tunisia/gdp-growth-annual’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/tunisia/gdp-growth-annual’>tradingeconomics.com</a> Calendar GMT Reference Actual ...

  9. Iceland Imports Imports to Iceland declined 6.6 percent year-on-year to ISK 42.4 billion in February of 2017, mainly driven by food and beverages (-11.4 percent from -2.6 percent); fuels and lubricants (-13.8 percent from +7.5 percent), transport equipment (-18.4 percent from -32.3 percent); capital goods (-8.7 percent from -7.4 percent) and industrial supplies (-5.9 percent from -3.2 percent). Imports in Iceland averaged 12488.03 ISK Million from 1960 until 2017, reaching an all time high of 66338.70 ISK Million in June of 2015 and a record low of 1.21 ISK Million in January of 1960.  Export Data  API...

  10. Iceland GDP Growth Rate The economy of Iceland expanded 2.6 percent on quarter in the last three months of 2016, slowing from a downwardly revised 4.5 percent expansion in the previous period but marking the fourth consecutive quarter of growth. Exports slowed (2.7 percent compared to 4.8 percent in Q3) and imports went up 0.7 percent, recovering from a 1.6 percent drop in Q3. In contrast, household spending rose faster (2.5 percent compared to 0.6 percent in Q3) and gross fixed capital formation also increased more (4.3 percent compared to 1.1 percent in Q3) while government consumption growth was steady at 0.4 percent. Year-on-year,...

  11. United States Exports of NAICS – Fish and Other Marine Products Exports of NAICS – Fish and Other Marine Products in the United States decreased to 206 USD Million in January from 318.90 USD Million in December of 2016. Exports of NAICS – Fish and Other Marine Products in the United States averaged 351.17 USD Million from 2003 until 2017, reaching an all time high of 712.20 USD Million in August of 2015 and a record low of 99.60 USD Million in January of 2003.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=usexpfoma&v=201703280328t&h=300&w=600&ref=/united-states/exports-of-naics-fish-and-other-marine-products’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/united-states/exports-of-naics-fish-and-other-marine-products’>tradingeconomics.com</a>...

  12. Iceland GDP Annual Growth Rate The economy of Iceland expanded 11.3 percent year-on-year in the last three months of 2016, following a downwardly revised 9.6 percent rise in the previous period. It is the highest growth rate since the last quarter of 2007, boosted by rising household spending (7.2 percent compared to 5.7 percent in Q3) while a slowdown was recorded for gross fixed capital formation (18.6 percent compared to 20.9 percent in Q3); government spending (1.7 percent compared to 1.8 percent in Q3); exports (14 percent compared to 17 percent in Q3) and imports (8.8 percent compared to 17.7 percent in Q3). Considering full...

  13. Canada Exports Exports from Canada rose 0.5 percent from the previous month to a record CAD 46.5 billion in January of 2017 boosted by sales of motor vehicles (7.7 percent) and parts and farm, fishing and intermediate foods products (12.8 percent). In addition, canola exports jumped 38.4 percent to a record high reflecting rising Chinese demand. By contrast, sales fell for consumer goods and metal and non-metallic mineral products (-4.6 percent). Excluding energy products, exports rose 0.9 percent. Among major trading partners, exports went up to the US (2.3 percent), China (14 percent), Japan (6.6 percent) and South Korea...

  14. United States Exports of Fish and Preparations Exports of Fish and Preparations in the United States decreased to 212 USD Million in January from 333 USD Million in December of 2016. Exports of Fish and Preparations in the United States averaged 321.89 USD Million from 1996 until 2017, reaching an all time high of 709 USD Million in September of 2015 and a record low of 103 USD Million in January of 1998.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=usexpfapa&v=201703280328t&h=300&w=600&ref=/united-states/exports-of-fish-and-preparations’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/united-states/exports-of-fish-and-preparations’>tradingeconomics.com</a> This page includes a chart with historical...

  15. Turkey Exports Exports from Turkey increased to $11.28 billion, mainly boosted by a 17.8 percent rise in sales of manufactured products which accounted for 93.2 percent of total sales. Among manufacturing, medium-low-technology products accounted for 25.5 percent and increased 35.87 percent; high-technology products accounted for 3.2 percent and fell 2.4 percent; while medium-high-technology products represented 32.8 percent and rose 20.86 percent. In addition shipments of agriculture, hunting and forestry went up 14.1 percent, fisheries (21.9 percent), and mining and quarrying (35.7 percent). Germany was the main export partner (9.9 percent share), followed by the United Kingdom (6 percent), and UAE (5.8 percent)....

  16. Iceland Three Month Interbank Rate Iceland Three Month Interbank Rate was quoted at 5.25 percent on Thursday February 16. Interbank Rate in Iceland averaged 8.51 percent from 1998 until 2017, reaching an all time high of 18.47 percent in October of 2008 and a record low of 3.88 percent in February of 2011.  Export Data  API Access Please Paste this Code in your Website source: tradingeconomics.com In Iceland, the interbank rate is the rate of interest charged on short-term loans made between banks.. This page provides – Iceland Three Month Interbank Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland...

  17. United States Imports from Iceland Imports from Iceland in the United States decreased to 25.05 USD Million in January from 26.15 USD Million in December of 2016. Imports from Iceland in the United States averaged 20.59 USD Million from 1985 until 2017, reaching an all time high of 50.50 USD Million in November of 2002 and a record low of 3.70 USD Million in January of 1992.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=usimpcica&v=201703260327t&h=300&w=600&ref=/united-states/imports-from-iceland’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/united-states/imports-from-iceland’>tradingeconomics.com</a> This page includes a chart with historical data for the United...

  18. Iceland Youth Unemployment Rate Youth Unemployment Rate in Iceland increased to 8.90 percent in January from 6.50 percent in December of 2016. Youth Unemployment Rate in Iceland averaged 10.25 percent from 2003 until 2017, reaching an all time high of 21.30 percent in July of 2010 and a record low of 3.20 percent in May of 2005.  Export Data  API Access Please Paste this Code in your Website source: tradingeconomics.com This page provides the latest reported value for – Iceland Youth Unemployment Rate – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iceland Youth...

  19. Russia Exports Exports from Russia increased by 47.2 percent to $25.1 billion in January 2017 from $17 billion a year earlier. It was the biggest monthly increase since April 2010, as exports to non-CIS countries advanced 49.1 percent (from 10.4 percent in December) while those to CIS countries went up 34.7 percent (from -3.8 percent). Exports in Russia averaged 21163.21 USD Million from 1994 until 2017, reaching an all time high of 50248 USD Million in December of 2011 and a record low of 4100 USD Million in January of 1994.  Export Data  API Access Please Paste...

  20. Norway Exports Exports from Norway grew by 18.0 percent from a year earlier to 71.24 NOK billion in February of 2017, driven by ships and oil platforms (728.5 percent), natural gas condensates (633.8 percent), crude oil (51.9 percent) and natural gas (21.8 percent). Exports in Norway averaged 25134.01 NOK Million from 1960 until 2017, reaching an all time high of 91186.74 NOK Million in January of 2014 and a record low of 449 NOK Million in July of 1960.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=notbetns&v=201703180222t&h=300&w=600&ref=/norway/exports’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br...

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