Imports to Iceland rose by 6% year-on-year to ISK 99 billion in January 2024, driven by increased purchases of transport equipment (31%), capital goods except for transport (26%) and consumer goods n.e.s (12%). source: Statistics Iceland

Imports in Iceland averaged 20774.95 ISK Million from 1960 until 2024, reaching an all time high of 135816.80 ISK Million in October 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 February of 2024.

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Iceland Imports

Related Last Previous Unit Reference
Balance of Trade -4991.80 -28877.00 ISK Million Jan 2024
Current Account 61847.00 1032.00 ISK Million Sep 2023
Current Account to GDP -2.00 -3.00 percent of GDP Dec 2022
Exports 94034.80 72397.40 ISK Million Jan 2024
Imports 99026.60 101274.40 ISK Million Jan 2024
External Debt 2949926.00 2950035.00 ISK Million Sep 2023
Capital Flows 73503.00 -33082.00 ISK Million Sep 2023
Gold Reserves 1.98 1.98 Tonnes Dec 2023
Tourist Arrivals 130836.00 137088.00 Jan 2024
Foreign Direct Investment 148326.00 -61326.00 ISK Million Sep 2023
Remittances 2793.00 2399.00 ISK Million Sep 2023
Terrorism Index 0.00 0.00 Points Dec 2022
Imports by Country
Imports by Category
Exports by Country
Exports by Category

Iceland Imports
In Iceland, the total value of imports of goods in 2021 was ISK 222.8 billion, 28.9% higher than in 2020. The increase is mainly in transport equipment and capital goods. The largest import categories were industrial supplies (28.8%) and capital goods (22.2%). The largest trading countries in imports of goods for the year 2021 were Norway, China and Germany. Over 58% of the total value of imports came from EEA countries.
Actual Previous Highest Lowest Dates Unit Frequency
99026.60 101274.40 135816.80 1.21 1960 - 2024 ISK Million Monthly
Current Prices, NSA

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category