Total export revenues of trade in services for the third quarter of 2017, according to preliminary figures, were 225,243 million ISK and the import expenditure of services 107,740 million ISK. Therefore, the services trade surplus in the third quarter of 2017 was 117,503 million ISK. The surplus in the third quarter of 2016 was 122,740 million ISK at current exchange rates. The services trade surplus for the first three quarters of 2017 was 220,422 million ISK, according to preliminary figures. The surplus was 215,986 billion ISK, at current exchange rates, for the same period in 2016.

Travel is the largest category within import and export of services and had the largest surplus, 74,869 million ISK. Surplus of transport services was 63,054 million ISK. Other business services had the largest deficit of 15,232 million ISK.

External Trade in Services 2017        
  Total 1st quarter 2017 2nd quarter 2017 3rd quarter 2017
Value in million ISK        
Export of services 512,436.8 124,292.8 162,901.1 225,242.9
1. Manufacturing services on physical inputs owned by others 0.0 0.0 0.0 0.0
2. Maintenance and repair services n.i.e. 4,462.9 1,453.4 1,403.1 1,606.4
3. Transport 181,823.8 42,665.8 58,549.5 80,608.5
4. Travel 261,979.2 58,091.2 81,211.4 122,676.6
5. Construction 902.3 419.8 279.4 203.1
6. Insurance and pension services 1,337.7 427.7 438.2 471.8
7. Financial services 11,863.3 3,845.9 3,933.3 4,084.1
8. Charges for the use of intellectual property n.ie. 3,940.0 1,561.1 1,338.9 1,040.0
9. Telecommunications, computer and information services 22,229.0 7,066.4 7,769.2 7,393.4
10. Other business services 18,742.7 7,018.7 6,087.6 5,636.4
11. Personal, cultural and recreational services 3,227.0 1,100.1 1,247.5 879.4
12. Government goods and services n.i.e. 1,928.9 642.7 642.9 643.3
         
Import of services 292,015.0 82,900.0 101,375.4 107,739.6
1. Manufacturing services on physical inputs owned by others 0.0 0.0 0.0 0.0
2. Maintenance and repair services n.i.e. 13,851.2 4,465.0 4,348.5 5,037.7
3. Transport 47,019.5 13,803.8 15,661.6 17,554.1
4. Travel 128,939.1 34,087.9 47,043.7 47,807.5
5. Construction 2,227.8 755.2 785.4 687.2
6. Insurance and pension services 3,365.1 1,415.6 914.1 1,035.4
7. Financial services 6,325.6 1,956.4 2,268.4 2,100.8
8. Charges for the use of intellectual property n.ie. 9,636.6 2,527.7 3,839.1 3,269.8
9. Telecommunications, computer and information services 18,816.0 6,080.9 5,995.8 6,739.3
10. Other business services 54,494.7 15,586.3 18,039.6 20,868.8
11. Personal, cultural and recreational services 5,949.9 1,762.8 1,983.5 2,203.6
12. Government goods and services n.i.e. 1,389.5 458.3 495.6 435.6
         
Balance of trade in services 220,421.9 41,392.8 61,525.8 117,503.3
1. Manufacturing services on physical inputs owned by others 0.0 0.0 0.0 0.0
2. Maintenance and repair services n.i.e. -9,388.4 -3,011.7 -2,945.4 -3,431.3
3. Transport 134,804.4 28,862.0 42,888.0 63,054.4
4. Travel 133,040.1 24,003.3 34,167.7 74,869.1
5. Construction -1,325.6 -335.5 -506.0 -484.1
6. Insurance and pension services -2,027.4 -987.9 -475.9 -563.6
7. Financial services 5,537.8 1,889.6 1,664.9 1,983.3
8. Charges for the use of intellectual property n.ie. -5,696.6 -966.6 -2,500.2 -2,229.8
9. Telecommunications, computer and information services 3,413.1 985.6 1,773.4 654.1
10. Other business services -35,752.1 -8,567.7 -11,952.0 -15,232.4
11. Personal, cultural and recreational services -2,722.9 -662.7 -736.0 -1,324.2
12. Government goods and services n.i.e. 539.4 184.4 147.3 207.7

Statistics