empty
 
 

2026.03.0609:19:44UTC+00Iceland Trade Deficit Narrows Sharply in February

Iceland’s trade deficit narrowed significantly to ISK 9.9 billion in February 2026, down from ISK 59.5 billion in the same month a year earlier. Exports increased by 2% year-on-year to ISK 78 billion, supported by higher shipments of marine products (up 13.1%) and agricultural goods (up 3.3%). At the same time, imports dropped by 35.2% to ISK 88 billion, reflecting substantial declines in capital goods excluding transport (-65.6%), transport equipment (-30.6%), and fuels and lubricants (-26.9%).

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback