According to preliminary figures for January 2019, the value of exported goods amounted to ISK 57,600 million fob and the value of imported goods amounted to ISK 53,100 million fob. Thus there was a trade surplus, calculated on fob value, of ISK 4,600 million as compared with a trade deficit of ISK 2,800 million in January 2018, at current rates of exchange.1 Excluding ships and aircrafts the trade surplus for January 2019 was 4,200 million ISK compared to a 2,800 million ISK trade deficit in the same month the year before.
In January 2019 the value of exported goods was ISK 9,300 million higher than in January 2018 or 19.1% at current exchange rate, mainly due to increased exports in marine- and industrial products.
The value of imported goods in January 2019 was ISK 1,900 million higher than in the same month last year or 3.7% at current exchange rate. The largest increase is due to capital goods.
It should be borne in mind that these are preliminary figures that may change due to regular revision.