The value of exported goods amounted to 61.6 billion ISK fob according to preliminary figures for September 2020 while the value of imported goods amounted to 65.4 billion ISK fob. Thus, there was a trade deficit, calculated on fob value, of 3.8 billion ISK as compared with a trade deficit of 19 billion ISK in September 2019, at current rates of exchange.
The value of exported goods was 11.2 billion ISK higher in September 2020 than in September 2019 or 22.2% at current exchange rates. The export increases in all sectors compared with the same period last year.
The value of imported goods in September 2020 was 4 billion ISK lower than in September 2019 or 5.8% at current exchange rate. The decrease is mainly linked to less fuel import.
It should be noted that these are preliminary figures and might change due to regular revision.