According to preliminary figures for April 2019 the value of exported goods amounted to ISK 50,200 million fob and the value of imported goods amounted to ISK 66,100 million fob. Thus, there was a trade deficit, calculated on fob value, of ISK 15,900 million as compared with a trade deficit of ISK 15,600 million in April 2018, at current rates of exchange.1 Excluding trade in ships and aircrafts has no insignificant impact on the balance of trade in April 2019 compared to a deficit of ISK 10,800 million in April 2018.
In April 2019 the value of exported goods was ISK 3,700 million higher than in April 2018 or 7.8% at current exchange rate. The increase was mainly due to exports in marine products.
The value of imported goods in April 2019 was ISK 3,900 million higher than in April 2018 or 6.3% at current exchange rate, mainly due to an increase in the imports of industrial supplies.
It should be borne in mind that these are preliminary figures that may change due to regular revision.
