External trade

In 2009, goods were exported from Iceland for 500,900 million ISK fob and imported into Iceland for 410,600 million ISK fob, 446,100 million ISK cif. Thus there was a trade surplus for the first time since 2002 of 90,300 million ISK, calculated on fob value, compared with 6,700 million ISK deficit in 2008. Exports values increased by 7.3% at current prices while imports decreased by 13.3%. Marine products constituted 41.7% of all exports, the second time in a row with less share than manufacturing products, increasing in value by 21.8% from the year before, at current prices.