Country Report Iceland July 1998 Main report

Foreign trade.

Foreign trade (Ikr m) Total Jan-Mar Jan-Mar Imports cif 1997 1998 Fish & products 432 809 Cereals & products 494 558 Fruit, vegetables & products 655 718 Coffee, cocoa, tea & spices 305 421 Beverages & tobacco 488 614 Wood, lumber & cork 245 285 Metalliferous ores & scrap 517 1,935 Petroleum & products 2,717 2,455 Chemicals 2,703 3,086 Rubber manufactures 225 265 Wood & cork manufactures 394 535 Paper & manufactures 1,110 1,086 Textile yarn, cloth & mnfrs 857 1,279 Non-metallic mineral mnfrs 343 548 Base metals 801 1,174 Metal manufactures 1,177 2,061 Machinery incl electric 8,485 10,127 Transport equipment 3,165 7,783(a) Furniture 501 699 Clothing 1,108 1,573 Footwear 209 321 Scientific instruments etc 761 1,211 Total incl others 30,415 43,274 US Germany Jan-Mar Jan-Mar Jan-Mar Jan-Mar Imports cif 1997 1998 1997 1998 Fish & products 13 202 69 43 Cereals & products 128 175 52 27 Fruit, vegetables & products 138 182 16 24 Coffee, cocoa, tea & spices 9 18 15 31 Beverages & tobacco 189 231 27 29 Wood, lumber & cork 25 23 3 5 Metalliferous ores & scrap 0 0 1 5 Petroleum & products 3 3 15 18 Chemicals 256 272 363 377 Rubber manufactures 47 56 39 38 Wood & cork manufactures 15 13 44 71 Paper & manufactures 89 109 175 195 Textile yarn, cloth & mnfrs 33 53 57 59 Non-metallic mineral mnfrs 13 81 72 60 Base metals 20 34 139 216 Metal manufactures 48 111 187 482 Machinery incl electric 774 1,357 1,022 1,184 Transport equipment 297 3,751 471 709 Furniture 35 98 45 67 Clothing 30 46 62 76 Footwear 5 3 18 18 Scientific instruments etc 146 423 116 130 Total incl others 2,587 7,668 3,246 4,168 Norway UK Jan-Mar Jan-Mar Jan-Mar Jan-Mar Imports cif 1997 1998 1997 1998 Fish & products 65 55 1 9 Cereals & products 9 11 106 147 Fruit, vegetables & products 11 10 13 16 Coffee, cocoa, tea & spices 7 7 50 63 Beverages & tobacco 3 2 36 41 Wood, lumber & cork 21 23 4 4 Metalliferous ores & scrap 0 0 0 0 Petroleum & products 2,138 1,854 12 16 Chemicals 127 205 466 556 Rubber manufactures 7 13 29 33 Wood & cork manufactures 68 65 9 11 Paper & manufactures 167 144 33 37 Textile yarn, cloth & mnfrs 249 163 74 72 Non-metallic mineral mnfrs 24 32 43 103 Base metals 108 138 54 60 Metal manufactures 118 202 150 202 Machinery incl electric 300 600 866 1,158 Transport equipment 8 2 223 280 Furniture 31 36 46 56 Clothing 12 12 199 189 Footwear 0 1 9 8 Scientific instruments etc 35 39 108 116 Total incl others 3,650 3,879 2,973 3,738 Total Jan-Mar Jan-Mar Exports fob 1997 1998 Fish, fresh, frozen & salted etc 20,052 17,793 Marine products, preserved 373 408 Capelin meal 2,299 1,791 Capelin & herring oil 768 712 Skins, tanned & dressed 248 105 Ferro-silicon 1,016 673 Aluminium & alloys 3,086 4,988 Electronic weighing machinery 235 332 Aircraft 2,641 0 Total incl others 33,099 28,896 Germany UK Jan-Mar Jan-Mar Jan-Mar Jan-Mar Exports fob 1997 1998 1997 1998 Fish, fresh, frozen & salted etc 1,602 1,378 3,230 3,328 Marine products, preserved 75 136 9 19 Capelin meal 56 84 796 487 Capelin & herring oil 27 0 66 57 Skins, tanned & dressed 6 5 33 25 Ferro-silicon 3 0 34 0 Aluminium & alloys 1,991 3,129 376 400 Electronic weighing machinery 19 16 9 11 Aircraft 0 0 0 0 Total incl others 3,977 4,905 5,024 4,694 US France Jan-Mar Jan-Mar Jan-Mar Jan-Mar Exports fob 1997 1998 1997 1998 Fish, fresh, frozen & salted etc 3,181 2,887 1,555 1,463 Marine products, preserved 32 21 126 114 Capelin meal 60 2 116 35 Capelin & herring oil 0 0 38 61 Skins, tanned & dressed 22 11 0 0 Ferro-silicon 188 274 41 66 Aluminium & alloys 0 0 0 0 Electronic weighing machinery 60 46 3 5 Aircraft 2,641 0 0 0 Total incl others 6,313 3,434 1,970 1,806 (a) Of which, aircraft: 3,493. Source: Hagstofa Islands, Hagtidindi.

© 1998 The Economist lntelligence Unit Ltd. All rights reserved
Whilst every effort has been taken to verify the accuracy of this information, The Economist lntelligence Unit Ltd. cannot accept any responsibility or liability for reliance by any person on this information
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