The value of exported goods amounted to 47.1 billion ISK fob according to preliminary figures for April 2020 while the value of imported goods amounted to 48.0 billion ISK fob. Thus, there was a trade deficit, calculated on fob value, of 0.8 billion ISK as compared with a trade deficit of 15.2 billion ISK in April 2019, at current rates of exchange.

The value of exported goods was 3.1 billion ISK lower in April 2020 than in April 2019 or 6.1% at current exchange rate. There was a decrease in all categories except manufacturing products.

The value of imported goods in April 2020 was 17.4 billion ISK lower than in April 2019 or 26.6% at current exchange rate. There was a decrease in all categories greatest in fuels and lubricants and industrial supplies.

It should be noted that these are preliminary figures and might change due to regular revision.

Statistics