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October 2011 |
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| Iceland |
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| BASIC
INDICATORS |
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| Population
(thousands, 2010) |
|
317 |
|
Rank in world trade,
2010 |
Exports |
Imports |
|
|
| GDP (million
current US$, 2010) |
|
12 594 |
|
Merchandise |
|
|
108 |
127 |
|
|
| GDP (million
current PPP US$, 2010) |
|
11 093 |
|
excluding intra-EU trade |
84 |
101 |
|
|
| Current
account balance (million US$, 2010) |
15 014 |
|
Commercial services |
|
84 |
98 |
|
|
| Trade per
capita (US$, 2005-2007) |
|
45 878 |
|
excluding intra-EU trade |
58 |
72 |
|
|
| Trade to GDP
ratio (2005-2007) |
|
78.4 |
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Annual percentage change |
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|
2010 |
|
2005-2010 |
2009 |
2010 |
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| Real GDP (2005=100) |
|
101 |
|
0 |
-7 |
-3 |
| Exports of
goods and services (volume, 2005=100)
a |
129 |
|
7 |
7 |
... |
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|
| Imports of
goods and services (volume, 2005=100)
a |
68 |
|
-9 |
-24 |
... |
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| |
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| TRADE POLICY |
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| WTO accession |
1 January 1995 |
|
Contribution to WTO budget (%, 2011) |
0.047 |
|
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| Trade Policy
Review |
7, 9 June 2006 |
|
Import duties collected (%,
2005-2007) |
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| GPA
accession |
28 April 2001 |
|
in total tax revenue |
|
|
1.0 |
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| Tariffs and
duty free imports |
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|
to total imports |
|
|
|
0.7 |
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| Tariff binding
coverage (%) |
|
95.0 |
|
Number of notifications to WTO and measures in
force |
|
|
| MFN tariffs |
|
|
Final bound |
Applied 2010 |
|
Outstanding notifications in WTO Central
Registry |
25 |
|
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| Simple average
of import duties |
|
|
|
Goods RTAs - services EIAs notified to WTO |
22 - 7 |
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| All goods |
|
|
23.5 |
5.6 |
|
Anti-dumping (30 June 2010) |
|
... |
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| Agricultural
goods (AOA) |
109.0 |
26.8 |
|
Countervailing duties (30 June 2010) |
|
... |
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| Non-agricultural
goods |
9.6 |
2.3 |
|
Safeguards (22 October 2010) |
|
0 |
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| Non ad-valorem duties (% total tariff lines) |
3.1 |
2.4 |
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Number of disputes
(complainant - defendant) |
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| MFN duty free
imports (%, 2009) |
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Requests for consultation |
0 - 0 |
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| in
agricultural goods (AOA) |
68.3 |
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Original panel / Appellate Body (AB) reports |
0 - 0 |
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| in
non-agricultural goods |
81.9 |
|
Compliance panel / AB reports (Article 21.5 DSU) |
0 - 0 |
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| Services
sectors with GATS commitments |
113 |
|
Arbitration awards (Article
22.6 DSU) |
|
0 - 0 |
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| MERCHANDISE
TRADE |
|
|
Value |
|
Annual percentage change |
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|
2010 |
|
2005-2010 |
2009 |
2010 |
|
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| Merchandise exports, f.o.b. (million US$) |
4 604 |
|
8 |
-25 |
14 |
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| Merchandise imports, c.i.f. (million US$) |
3 920 |
|
-5 |
-42 |
9 |
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2010 |
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2010 |
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| Share in world total exports |
0.03 |
|
Share in world total imports |
0.03 |
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| Breakdown in
economy's total exports |
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Breakdown in economy's total imports |
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| By main commodity group (ITS) |
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By main
commodity group (ITS) |
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| Agricultural
products |
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|
41.9 |
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Agricultural products |
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|
12.2 |
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| Fuels and
mining products |
|
43.0 |
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Fuels and mining products |
|
29.0 |
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| Manufactures |
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|
14.6 |
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Manufactures |
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58.8 |
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| By main destination |
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By main
origin |
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| 1. European
Union (27) |
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|
77.5 |
|
1. European Union (27) |
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|
51.9 |
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| 2. United
States |
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|
4.6 |
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2. Norway |
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|
9.0 |
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| 3. Norway |
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|
4.2 |
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3. Brazil |
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|
8.7 |
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| 4. Japan |
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2.5 |
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4. United States |
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|
8.2 |
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| 5. Russian
Federation |
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|
2.1 |
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5. China |
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6.0 |
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| |
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| COMMERCIAL
SERVICES TRADE |
|
Value |
|
Annual percentage change |
|
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|
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|
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|
2010 |
|
2005-2010 |
|
2009 |
2010 |
|
|
| Commercial services exports (million US$) |
2 532 |
|
5 |
6 |
10 |
|
|
| Commercial services imports (million US$) |
2 073 |
|
-4 |
-24 |
8 |
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2010 |
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|
2010 |
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| Share in world total exports |
0.07 |
|
Share in world total imports |
0.06 |
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| Breakdown in
economy's total exports |
|
|
Breakdown in economy's total imports |
|
|
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| By principal services item |
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By
principal services item |
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| Transportation |
|
47.5 |
|
Transportation |
|
35.7 |
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| Travel |
|
22.6 |
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Travel |
|
26.3 |
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| Other
commercial services |
|
29.9 |
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Other commercial services |
|
38.0 |
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| |
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| INDUSTRIAL
PROPERTY |
|
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| Patent grants
by patent office, 2009 |
|
Trademark registrations by office, 2009 |
|
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| Residents |
Non-residents |
Total |
|
Direct residents |
Direct non-residents |
Madrid |
Total |
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|
|
|
|
|
|
|
|
| 4 |
75 |
79 |
|
387 |
528 |
2 385 |
3 300 |
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| |
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| a Refers to 2009 and to the average annual
percentage change for 2005-2009. |
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