The value of exported goods amounted to ISK 65,100 million fob and the value of imported goods amounted to ISK 62,400 million fob according to preliminary figures for October 2019. Thus, there was a trade surplus, calculated on fob value, of ISK 2,700 million as compared with a trade deficit of ISK 12,100 million in October 2018, at current rates of exchange. Trade in ships and aircraft has little effects on the figures at this time.
In October 2019 the value of exported goods was ISK 4,100 million higher than in October 2018 or 6.8% at current exchange rate. The greatest increase was in marine products.
The value of imported goods in October 2019 was ISK 10,700 million lower than in October 2018 or 14.7% at current exchange rate. The decrease was mainly in industrial supplies, and fuels and lubricants.
It should be borne in mind that these are preliminary figures and might change due to regular revision.
