In 2015 the goods exported from Iceland amounted to 626,100 million ISK and goods imported into Iceland for 656,700 million ISK fob, 700,200 million ISK cif. Thus there was a trade deficit of trade in goods, calculated on fob value, of 30,600 million ISK, whereas the trade surplus in 2014 was 4,200 million ISK. Exports of goods increased by 6% at current prices¹ but imports of goods increased by 12%. Manufacturing products constituted 52.9% of all exports of goods and marine products 42.3% of all exports but the largest import of goods categories were industrial supplies, 28.2% of total, and capital goods with 20.9% of total. Largest trading countries were the Netherlands in exports of goods and Norway in imports of goods and EEA was the most important market area for both exports of goods and imports of goods.
| The value of exports and imports January-December 2014 and 2015 | |||
| Million ISK at current exchange rate | Change on prev. | ||
| January- | January- | year at current | |
| December | December | exch. rates, % | |
| 2014 | 2015 | Jan.-December | |
| Exports fob, total | 590,501.7 | 626,091.9 | 6.0 |
| Marine products | 243,956.3 | 264,665.4 | 8.5 |
| Agricultural products | 11,691.8 | 13,267.6 | 13.5 |
| Manufacturing products | 309,989.6 | 331,060.2 | 6.8 |
| Other products | 24,864.0 | 17,098.7 | -31.2 |
| Imports fob, total | 586,251.8 | 656,661.9 | 12.0 |
| Food and beverages | 54,749.1 | 65,036.8 | 18.8 |
| Industrial supplies n.e.s. | 159,919.3 | 184,882.8 | 15.6 |
| Fuels and lubricants | 103,148.5 | 83,123.8 | -19.4 |
| Capital goods (except for transport) | 124,173.9 | 137,382.1 | 10.6 |
| Transport equipment | 68,003.7 | 103,893.4 | 52.8 |
| Consumer goods n.e.s. | 74,226.1 | 81,398.8 | 9.7 |
| Goods n.e.s. | 2,031.2 | 944.2 | -53.5 |
| Balance of trade | 4,249.9 | -30,570.1 | · |
¹Statistics Iceland does no longer publish trade in goods at constant exchange rates. On Statistics Iceland website is available table of the breakdown of trade in goods by currencies.
Monthly figures of external trade for current year are revised together with the release of figures for new months. Annual figures are published in the first half of the year after the end of the reference year. The figures are considered as final at that point of time.