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April 2013 |
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| Iceland |
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| BASIC
INDICATORS |
|
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|
| Population
(thousands, 2011) |
|
319 |
|
Rank in world trade,
2011 |
Exports |
Imports |
|
|
| GDP (million
current US$, 2011) |
|
14 026 |
|
Merchandise |
|
|
111 |
129 |
|
|
| GDP (million
current PPP US$, 2011) |
|
11 639 |
|
excluding intra-EU trade |
87 |
103 |
|
|
| Current
account balance (million US$, 2011) |
- 983 |
|
Commercial services |
|
85 |
92 |
|
|
| Trade per
capita (US$, 2009-2011) |
|
41 841 |
|
excluding intra-EU trade |
59 |
66 |
|
|
| Trade to GDP
ratio (2009-2011) |
|
103.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Annual percentage change |
|
|
|
|
|
|
|
2011 |
|
2005-2011 |
2010 |
2011 |
|
|
|
|
|
|
|
|
|
|
|
| Real GDP (2005=100) |
|
103 |
|
1 |
-4 |
3 |
| Exports of
goods and services (volume, 2005=100) |
135 |
|
5 |
1 |
4 |
|
|
| Imports of
goods and services (volume, 2005=100) |
76 |
|
-4 |
4 |
7 |
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| |
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| TRADE POLICY |
|
|
|
|
|
|
|
|
|
|
|
|
|
| WTO accession |
1 January 1995 |
|
Contribution to WTO budget (%, 2013) |
0.042 |
|
|
| Trade Policy
Review |
13, 15 November 2012 |
|
Import duties collected (%,
2009-2011) |
|
|
|
| GPA
accession |
28 April 2001 |
|
in total tax revenue |
|
|
1.3 |
|
|
| Tariffs and
duty free imports |
|
|
|
to total imports |
|
|
|
0.8 |
|
|
| Tariff binding
coverage (%) |
|
94.8 |
|
Number of notifications to WTO and measures in
force |
|
|
| MFN tariffs |
|
|
Final bound |
Applied 2011 |
|
Outstanding notifications in WTO Central
Registry |
32 |
|
|
| Simple average
of import duties |
|
|
|
Goods RTAs - services EIAs notified to WTO |
26 - 10 |
|
|
| All goods |
|
|
24.2 |
5.6 |
|
Anti-dumping (30 June 2012) |
|
... |
|
|
| Agricultural
goods (AOA) |
113.8 |
27.2 |
|
Countervailing duties (30 June 2012) |
|
... |
|
|
| Non-agricultural
goods |
9.6 |
2.3 |
|
Safeguards (6 November 2012) |
|
0 |
|
|
| Non ad-valorem duties (% total tariff lines) |
3.8 |
2.4 |
|
Number of disputes
(complainant - defendant) |
|
|
| MFN duty free
imports (%, 2010) |
|
|
|
Requests for consultation |
0 - 0 |
|
|
| in
agricultural goods (AOA) |
67.4 |
|
Original panel / Appellate Body (AB) reports |
0 - 0 |
|
|
| in
non-agricultural goods |
82.6 |
|
Compliance panel / AB reports (Article 21.5 DSU) |
0 - 0 |
|
|
| Services
sectors with GATS commitments |
113 |
|
Arbitration awards (Article
22.6 DSU) |
|
0 - 0 |
|
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| |
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| MERCHANDISE
TRADE |
|
|
Value |
|
Annual percentage change |
|
|
|
|
|
|
|
2011 |
|
2005-2011 |
2010 |
2011 |
|
|
| Merchandise exports, f.o.b. (million US$) |
5 347 |
|
10 |
14 |
16 |
|
|
| Merchandise imports, c.i.f. (million US$) |
4 841 |
|
0 |
9 |
24 |
|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
2011 |
|
|
|
|
|
2011 |
|
|
| Share in world total exports |
0.03 |
|
Share in world total imports |
0.03 |
|
|
|
|
|
|
|
|
|
|
|
|
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|
| Breakdown in
economy's total exports |
|
|
Breakdown in economy's total imports |
|
|
|
| By main commodity group (ITS) |
|
|
By main
commodity group (ITS) |
|
|
|
| Agricultural
products |
|
|
43.3 |
|
Agricultural products |
|
|
11.6 |
|
|
| Fuels and
mining products |
|
42.3 |
|
Fuels and mining products |
|
29.9 |
|
|
| Manufactures |
|
|
|
14.0 |
|
Manufactures |
|
|
|
58.5 |
|
|
|
|
|
|
|
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|
|
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|
|
|
|
|
|
| By main destination |
|
|
By main
origin |
|
|
|
| 1. European
Union (27) |
|
|
78.3 |
|
1. European Union (27) |
|
|
46.0 |
|
|
| 2. Norway |
|
|
|
|
4.4 |
|
2. Norway |
|
|
|
15.9 |
|
|
| 3. United
States |
|
|
3.7 |
|
3. United States |
|
|
10.9 |
|
|
| 4. Russian
Federation |
|
|
3.1 |
|
4. China |
|
|
|
6.3 |
|
|
| 5. Japan |
|
|
|
|
2.5 |
|
5. Brazil |
|
|
|
5.8 |
|
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| |
|
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|
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|
|
| COMMERCIAL
SERVICES TRADE |
|
Value |
|
Annual percentage change |
|
|
|
|
|
|
|
2011 |
|
2005-2011 |
|
2010 |
2011 |
|
|
| Commercial services exports (million US$) |
2 939 |
|
7 |
6 |
19 |
|
|
| Commercial services imports (million US$) |
2 590 |
|
0 |
9 |
18 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2011 |
|
|
|
|
|
2011 |
|
|
| Share in world total exports |
0.07 |
|
Share in world total imports |
0.06 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Breakdown in
economy's total exports |
|
|
Breakdown in economy's total imports |
|
|
|
| By principal services item |
|
|
By
principal services item |
|
|
|
|
| Transportation |
|
46.5 |
|
Transportation |
|
30.3 |
|
|
| Travel |
|
25.5 |
|
Travel |
|
28.6 |
|
|
| Other
commercial services |
|
28.1 |
|
Other commercial services |
|
41.1 |
|
|
| |
|
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|
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|
|
| INDUSTRIAL
PROPERTY |
|
|
|
|
|
|
|
|
|
|
| Patent grants
by patent office, 2011 |
|
Trademark registrations by office, 2011 |
|
|
| Residents |
Non-residents |
Total |
|
Direct residents |
Direct non-residents |
Madrid |
Total |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 6 |
61 |
67 |
|
573 |
497 |
2 299 |
3 369 |
|
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| |
|
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| |
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