In April 2019, value of exported goods in BOP* was estimated 51,200 million ISK and value of imported goods was estimated 65,400 million. Hence, a deficit of balance of trade in goods in BOP was estimated 14,200 million. In the same month, export of services was estimated 44,400 million ISK in and import of services was estimated 34,700 million. Hence, the surplus of balance of trade in services was estimated 9,700 million ISK in April 2019.
Total export of trade in goods and services was therefore estimated 95,600 million ISK in April and total import of trade in goods and services was estimated 100,100 million ISK. The deficit of balance of trade in goods and services was estimated 4,500 million ISK in April 2019.
*According to BOP and NA standards.
The value of exports and imports in January-April 2018 and 2019 | |||||
Million ISK at current exchange rate | Change on prev. | ||||
April | January-April | year at current | |||
2018 | 2019 | 2018 | 2019 | exchange rates % | |
Trade in goods and services: Total Exports | 92,815.6 | 95,562.4 | 365,175.7 | 403,916.6 | 10.6 |
Trade in goods: =Exports in BOP | 47,697.9 | 51,199.2 | 188,243.8 | 227,851.9 | 21.0 |
Trade in services: Exports total | 45,117.7 | 44,363.2 | 176,931.9 | 176,064.7 | -0.5 |
Trade in goods and services: Total Imports | 96,419.8 | 100,099.3 | 359,432.8 | 375,827.3 | 4.6 |
Trade in goods: = Imports in BOP | 62,163.9 | 65,398.7 | 229,912.9 | 239,139.2 | 4.0 |
Trade in services: Imports total | 34,255.9 | 34,700.6 | 129,519.9 | 136,688.1 | 5.5 |
Balance of trade in goods and services | -3,604.2 | -4,536.9 | 5,742.8 | 28,089.2 |