Iceland Imports

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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.


Iceland Imports

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Iceland’s main imports are machinery and equipment, petroleum products, foodstuffs and textiles. Iceland’s major import partners are European Union members (Sweden, Denmark, UK), United States and China. 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 March of 2017.

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  1. 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...

  2. 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...

  3. 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...

  4. 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,...

  5. 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)....

  6. 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...

  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 Exports 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.  Export Data  API Access Please Paste this Code in your Website <iframe...

  10. 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...

  11. 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...

  12. 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,...

  13. Brunei Imports Imports in Brunei decreased 4.5 percent year-on-year to BND 309.6 million in December of 2016, 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). The highest share of imports came from Singapore (21.2 percent of total imports); Malaysia (20.9 percent); China (14.5 percent). In 2016, imports dropped 17.1 percent to BND 3,688.9 million. Imports in Brunei averaged 435.60 Million BND from 2005 until 2016, reaching an all time high of 1165.87 Million BND in September of 2008 and a record...

  14. 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...

  15. 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...

  16. Denmark Imports Imports in Denmark increased by 7.6 percent year-on-year to 48033.80 DKK Million in January of 2017, mainly boosted by higher sales of machinery (9.2 percent), crude materials (19.9 percent), mineral fuels (23.8 percent) and transport equipment (16 percent). Imports in Denmark averaged 19047.62 DKK Million from 1960 until 2017, reaching an all time high of 51566.30 DKK Million in October of 2016 and a record low of 915 DKK Million in September of 1960.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=detbim&v=201703140022t&h=300&w=600&ref=/denmark/imports’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/denmark/imports’>tradingeconomics.com</a>...

  17. Italy Balance of Trade Year-on-year, exports rose 5.7 percent to €36.21 billion from €34.26 billion, boosted by higher sales of: Coke and refined petroleum products (21.8 percent); vehicles (21.3 percent); sport goods, games, musical instruments and other products (12.3 percent); substances and chemicals (11 percent); and base metals (9.7 percent). By contrast, exports fell for transport equipment (-17 percent). By main industrial groups, sales rose for: Energy (24.5 percent); intermediate goods (6.5 percent); capital goods (4.8 percent); and consumer goods (4.3 percent). The biggest increases in shipments were reported for China (20.9 percent); MERCOSUR countries (19.9 percent); Poland (19.1 percent); the US (12.1 percent);...

  18. Canada Imports Imports to Canada edged down 0.3 percent to CAD 45.6 billion in January of 2017 from an upwardly revised CAD 45.8 billion in the previous month, dragged down by lower imports of metal and non-metallic mineral products and industrial machinery, equipment and parts. In contrast, purchases of motor vehicles and parts increased. Among major trading partners, imports went up from the US (0.3 percent), United Kingdom (18.4 percent), Hong Kong (4.0 percent) and Netherlands (21.1 percent). Imports in Canada averaged 19501.49 CAD Million from 1971 until 2017, reaching an all time high of 47673 CAD Million in...

  19. Malaysia Imports Imports to Malaysia increased 16.1 percent from a year earlier to MYR 65.58 billion in January of 2017, compared to 11.5 percent rise in the preceding month and higher than market expectations of a 10 percent. It was the third consecutive month of increase, as purchases went up for: fuel & lubricants (98.4 percent); parts & accessories of capital goods, except transport equipment (9.6 percent); industrial supplies, processed (5.9 percent); industrial transport equipment (236.3 percent). In contrast, imports decreased for semi-durables (-5.2 percent) and food & beverages, processed for household consumption (-2.8 percent). Imports in Malaysia averaged...

  20. Japan Imports Imports to Japan decreased by 13.8 percent from a year earlier to 5,953.22 JPY billion in May of 2016, the 17th straight month of decline. Purchases fell from most of the country’s trading partners, including China (-9.7 percent), Hong Kong (-16.2 percent), Taiwan (-5.8 percent), South Korea (-21.4 percent), Thailand (-10.4 percent) and Malaysia (-20.0 percent). Imports also declined from the US (-8.5 percent), Russia (-26.0 percent), the EU countries (-1.5 percent), the Middle East (-30.7 percent) and South Africa (-28.4 percent). In contrast, imports rose from Germany (+11.1 percent, Italy (+11.3 percent) and Belgium (+37.4 percent). Purchases decreased for...

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