The value of exported goods from Iceland in January 2006 amounted to 14,100 million ISK while the value of imports amounted to 25,500 million. Thus, there was a trade deficit of 11,400 million as compared with a trade deficit of 4,300 million in January 2005, at constant rates of exchange¹. The value of exports was 9% higher than in January 2005 and the value of imports was 47.5% higher than in January 2005, at constant rates of exchange.
| Balance of trade in January 2005 | |||
| Million ISK at fixed exchange rate | Change on previous year at constant exchange rates, %¹ January-January | ||
| January | |||
| 2005 | 2006 | ||
| Exports fob, total | 12,926 | 14,088 | 9.5 |
| Imports fob, total | 17,260 | 25,463 | 47.5 |
| Balance of trade | -4,335 | -11,375 | · |
| The value of exports and imports January 2005 and 2006 | |||
| Change on previous year at constant exchange rates, % ¹ January-January | |||
| Million ISK at current exchange rate | |||
| January | |||
| 2005 | 2006 | ||
| Exports fob, total | 14,072.6 | 14,088.0 | 9.0 |
| Marine products | 7,373.7 | 7,913.5 | 16.8 |
| Agricultural products | 452.2 | 473.5 | 14.0 |
| Manufacturing products | 5,816.7 | 5,374.3 | 0.6 |
| Other products | 430.0 | 326.6 | -17.3 |
| Imports fob, total | 18,791.8 | 25,462.5 | 47.5 |
| Food and beverages | 1,392.7 | 1,209.7 | -5.4 |
| Industrial supplies n.e.s. | 3,932.0 | 7,001.2 | · |
| Fuels and lubricants | 2,591.9 | 2,678.7 | 12.5 |
| Capital goods (except for transport) | 3,594.7 | 6,696.5 | · |
| Transport equipment | 4,507.1 | 4,729.5 | 14.2 |
| Consumer goods n.e.s. | 2,743.5 | 3,115.5 | 23.6 |
| Goods n.e.s. | 29.9 | 31.3 | 14.1 |
| Balance of trade | -4,719.2 | -11,374.5 | · |
¹ Based on trade-weighted index of average foreign currency prices in terms of ISK, change on previous year -8.1 per cent.
Statistics