Trade deficit of 31 billion ISK in July
The value of exported goods from Iceland amounted to 75.8 billion ISK fob in July 2022 and the value of imported goods 106.8 billion ISK cif (95.4 billion ISK fob). Thus, there was a trade deficit, calculated on fob/cif value, of 31.0 billion ISK as compared with a trade deficit of 14.8 billion ISK in July 2021 at current rates of exchange.