Iceland - Fuel imports (% of merchandise imports)

The value for Fuel imports (% of merchandise imports) in Iceland was 7.55 as of 2021. As the graph below shows, over the past 59 years this indicator reached a maximum value of 19.62 in 1979 and a minimum value of 5.18 in 1998.

Definition: Fuels comprise the commodities in SITC section 3 (mineral fuels, lubricants and related materials).

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 12.73
1963 11.35
1964 9.35
1965 9.06
1966 7.70
1967 7.98
1968 11.11
1969 9.93
1970 9.24
1971 8.09
1972 7.68
1973 7.93
1974 12.13
1975 12.70
1976 12.27
1977 12.83
1978 11.76
1979 19.62
1980 16.73
1981 16.47
1982 15.54
1983 16.25
1984 15.75
1985 15.71
1986 9.60
1987 7.42
1988 6.35
1989 8.72
1990 9.84
1991 8.35
1992 8.32
1993 9.21
1994 8.28
1995 7.22
1996 7.84
1997 7.59
1998 5.18
1999 5.42
2000 9.30
2001 8.91
2002 8.56
2003 7.76
2004 9.15
2005 9.36
2006 8.85
2007 8.91
2008 12.21
2009 12.43
2010 13.07
2011 14.45
2012 15.00
2013 19.04
2014 17.16
2015 12.49
2016 10.65
2017 11.16
2018 14.59
2019 12.07
2020 6.67
2021 7.55

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