Imports to Iceland dropped 18.5 percent year-on-year to ISK 52.4 billion in December 2019, mainly due to lower purchases of industrial supplies (-23.8 percent) and fuels (-24.7 percent).
Imports in Iceland averaged 14871.37 ISK Million from 1960 until 2019, reaching an all time high of 74470.20 ISK Million in June of 2019 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.
Imports in Iceland is expected to be 60200.00 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 73600.00 in 12 months time. In the long-term, the Iceland Imports is projected to trend around 74400.00 ISK Million in 2020, according to our econometric models.