Iceland - Food exports (% of merchandise exports)

The value for Food exports (% of merchandise exports) in Iceland was 45.96 as of 2021. As the graph below shows, over the past 59 years this indicator reached a maximum value of 95.25 in 1965 and a minimum value of 38.18 in 2008.

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 93.87
1963 93.99
1964 93.79
1965 95.25
1966 93.59
1967 92.49
1968 91.15
1969 85.24
1970 79.96
1971 86.15
1972 75.76
1973 75.89
1974 76.92
1975 80.60
1976 74.68
1977 76.77
1978 79.60
1979 77.97
1980 77.52
1981 80.46
1982 77.78
1983 71.05
1984 70.59
1985 77.89
1986 79.92
1987 79.31
1988 74.71
1989 74.70
1990 79.79
1991 83.60
1992 82.97
1993 82.08
1994 79.05
1995 75.53
1996 76.25
1997 74.24
1998 75.12
1999 69.61
2000 65.24
2001 63.64
2002 64.41
2003 64.15
2004 62.14
2005 58.47
2006 52.96
2007 43.16
2008 38.18
2009 43.46
2010 41.36
2011 42.59
2012 44.58
2013 46.95
2014 43.83
2015 44.99
2016 47.22
2017 42.60
2018 44.27
2019 46.76
2020 50.81
2021 45.96

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 export shares may not sum to 100 percent because of unclassified trade.

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports