Iceland - Manufactures exports (% of merchandise exports)

The value for Manufactures exports (% of merchandise exports) in Iceland was 11.96 as of 2021. As the graph below shows, over the past 59 years this indicator reached a maximum value of 26.75 in 2007 and a minimum value of 1.21 in 1962.

Definition: Manufactures comprise commodities in SITC sections 5 (chemicals), 6 (basic manufactures), 7 (machinery and transport equipment), and 8 (miscellaneous manufactured goods), excluding division 68 (non-ferrous metals).

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 1.21
1963 1.71
1964 1.86
1965 1.66
1966 3.23
1967 3.52
1968 2.51
1969 4.35
1970 3.30
1971 4.45
1972 4.87
1973 4.37
1974 5.52
1975 5.28
1976 5.76
1977 5.82
1978 4.70
1979 6.38
1980 8.17
1981 7.48
1982 9.30
1983 9.08
1984 12.14
1985 9.43
1986 8.53
1987 8.43
1988 12.24
1989 10.14
1990 8.01
1991 6.03
1992 6.18
1993 7.50
1994 9.22
1995 11.58
1996 11.50
1997 12.14
1998 9.18
1999 12.52
2000 13.27
2001 13.28
2002 13.95
2003 14.55
2004 16.73
2005 19.30
2006 19.06
2007 26.75
2008 19.05
2009 19.26
2010 14.63
2011 14.00
2012 14.28
2013 12.08
2014 13.84
2015 11.73
2016 13.15
2017 13.01
2018 10.99
2019 15.32
2020 11.29
2021 11.96

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