Europe

Iceland
Last reviewed: 03 April 2009

Country information

Iceland today
Economy
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Trade and Investment
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TRADE AND INVESTMENT

Trade and Investment with the UK

Imports from Iceland were worth £292m in 2004 (19 per cent of its products), making the UK Iceland's most important market- over £200m of this was fish. Iceland is currently our 67th largest export market. The balance of trade remains in Iceland's favour. In 2004, UK exports to Iceland were worth £172m - up from £124m in 2003. UK exports consist of all types of machinery equipment: general industrial; office; and electrical. We also export road vehicles, and clothing. The UK is currently Iceland's fifth largest supplier, after Germany, USA, Norway and Denmark with a 6.8 per cent market share (2004).

UK Trade and Investment Country Profile: Iceland