Iceland’s trade surplus in 2012 amounted to ISK 77 billion (USD 627 million, EUR 483 million). Goods exported from Iceland amounted to ISK 633 billion while imports totaled ISK 556 billion, according to Statistics Iceland.
Photo: Páll Stefansson/Iceland Review.
In 2012, exports increased by 2.1 percent while imports increased by 6.3 percent. Manufacturing products constituted 52 percent of exports and marine products 42 percent.
The largest import of goods was made up of industrial supplies, or 29 percent of the total, followed by capital goods with 21 percent.
Iceland’s largest trading countries were the Netherlands in exports, and Norway in imports.