NEWS RELEASE EXTERNAL TRADE 03 DECEMBER 2008

According to preliminary figures for November 2008 the value of exported goods amounted to ISK 43,200 million fob and the value of imported goods amounted to ISK 40,800 million fob. Thus, there was a trade surplus of ISK 2,400 million in November 2008, according to the preliminary figures, calculated on fob value.

Due to fluctuations in the ISK exchange rate, it is very difficult to compare data between months. Based on trade-weighted index of average foreign currency prices in terms of ISK, foreign currency prices were 13.5% higher in November than October.

There is an indication of decrease in the value of exported marine products and aluminium but an increase in the imports of industrial supplies in November compared with October this year.

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Further Information

For further information please contact 528 1100 , email upplysingar@hagstofa.is

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