Export of services for the second quarter of 2015, according to preliminary figures, was 148,981 million ISK and the import of services 94,276 million ISK. Therefore, the services trade surplus in the second quarter of 2015 was 54,704 million ISK but the surplus in the second quarter of 2014 was 32,144 million ISK at current exchange rates.

Travel was the largest category within both imports and exports of services in the second quarter. Export of travel services was 54,558 million ISK and import 34,137 million ISK. Therefore the surplus of travel was 20,421 million ISK. Surplus of travel services in the same quarter of 2014 was 11,222 million ISK.

Export of transport services was 50,767 million ISK in the second quarter and import of transport services was 17,165 million ISK. Therefore the surplus was 33,602 million ISK.

Other business services had the largest deficit of 14,818 million ISK. Import was 23,093 million ISK and export 8,275 million ISK.

The transition table has been updated from the year 1997 simultaneously to this publication, explaining the changes for both trade in goods and trade in services back to 1995. The table that shows selected items of the exports of goods and services has also been updated.

External Trade in Services 2015 - first and second quarter    
  Total 1st quarter 2015 2nd quarter 2015
Value in million ISK      
Export of services 249,503.1 100,522.5 148,980.5
1. Manufacturing services on physical inputs owned by others 11,359.1 6,278.5 5,080.6
2. Maintenance and repair services n.i.e. 2,671.9 1,341.6 1,330.3
3. Transport 86,988.2 36,221.2 50,767.0
4. Travel 85,254.0 30,695.8 54,558.2
5. Construction 968.3 338.6 629.7
6. Insurance and pension services 1,106.7 453.4 653.2
7. Financial services 8,606.1 4,213.4 4,392.7
8. Charges for the use of intellectual property n.ie. 19,560.9 4,445.5 15,115.4
9. Telecommunications, computer and information services 13,376.5 6,695.2 6,681.3
10. Other business services 16,797.4 8,522.6 8,274.7
11. Personal, cultural and recreational services 1,764.6 790.2 974.5
12. Government goods and services n.i.e. 1,049.3 526.5 522.8
       
Import of services 174,989.6 80,713.5 94,276.1
1. Manufacturing services on physical inputs owned by others 0.0 0.0 0.0
2. Maintenance and repair services n.i.e. 10,513.2 4,986.1 5,527.1
3. Transport 30,431.3 13,266.2 17,165.1
4. Travel 58,789.0 24,651.6 34,137.4
5. Construction 337.2 206.8 130.4
6. Insurance and pension services 2,655.0 1,554.7 1,100.4
7. Financial services 5,301.8 2,662.9 2,638.9
8. Charges for the use of intellectual property n.ie. 6,678.7 3,324.0 3,354.7
9. Telecommunications, computer and information services 11,328.7 6,214.4 5,114.2
10. Other business services 44,843.9 21,751.0 23,092.9
11. Personal, cultural and recreational services 2,821.3 1,420.3 1,401.0
12. Government goods and services n.i.e. 1,289.5 675.5 614.0
       
Balance of trade in services 74,513.5 19,809.1 54,704.4
1. Manufacturing services on physical inputs owned by others 11,359.1 6,278.5 5,080.6
2. Maintenance and repair services n.i.e. -7,841.3 -3,644.5 -4,196.8
3. Transport 56,556.8 22,954.9 33,601.9
4. Travel 26,465.0 6,044.1 20,420.8
5. Construction 631.1 131.8 499.3
6. Insurance and pension services -1,548.3 -1,101.2 -447.1
7. Financial services 3,304.4 1,550.5 1,753.8
8. Charges for the use of intellectual property n.ie. 12,882.2 1,121.5 11,760.7
9. Telecommunications, computer and information services 2,047.8 480.8 1,567.0
10. Other business services -28,046.5 -13,228.3 -14,818.2
11. Personal, cultural and recreational services -1,056.6 -630.1 -426.5
12. Government goods and services n.i.e. -240.1 -149.0 -91.1

Statistics