Iceland - Food imports (% of merchandise imports)

The value for Food imports (% of merchandise imports) in Iceland was 11.33 as of 2021. As the graph below shows, over the past 59 years this indicator reached a maximum value of 14.68 in 1969 and a minimum value of 6.80 in 2006.

Definition: Food comprises the commodities in SITC sections 0 (food and live animals), 1 (beverages and tobacco), and 4 (animal and vegetable oils and fats) and SITC division 22 (oil seeds, oil nuts, and oil kernels).

Source: World Bank staff estimates through the WITS platform from the Comtrade database maintained by the United Nations Statistics Division.

See also:

Year Value
1962 13.26
1963 11.89
1964 12.33
1965 12.63
1966 11.20
1967 12.24
1968 13.49
1969 14.68
1970 14.01
1971 10.32
1972 11.56
1973 10.62
1974 9.86
1975 11.30
1976 12.46
1977 10.43
1978 10.34
1979 10.10
1980 9.96
1981 9.78
1982 10.18
1983 11.55
1984 11.17
1985 10.30
1986 9.83
1987 8.13
1988 8.55
1989 9.85
1990 9.28
1991 9.23
1992 9.69
1993 11.67
1994 11.56
1995 11.76
1996 10.69
1997 10.25
1998 10.13
1999 10.40
2000 9.38
2001 10.19
2002 11.58
2003 10.38
2004 9.94
2005 7.79
2006 6.80
2007 7.58
2008 8.84
2009 11.53
2010 10.97
2011 10.53
2012 10.34
2013 10.53
2014 10.67
2015 11.32
2016 10.37
2017 9.63
2018 9.63
2019 11.35
2020 13.29
2021 11.33

Limitations and Exceptions: Previous editions contained data based on the SITC revision 1. Data for earlier years in previous editions may differ because of the change in methodology. Concordance tables are available to convert data reported in one system to another.

Statistical Concept and Methodology: The classification of commodity groups is based on the Standard International Trade Classification (SITC) revision 3.

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Merchandise import shares may not sum to 100 percent because of unclassified trade.

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports