Ores and Metal Exports (As % of Merchandise Exports) rose 14.3% to 0.416 in Iceland in 2017

Ores and Metal Exports (As % of Merchandise Exports)
Economy | Iceland | May 17, 2019
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Ores and metal exports as a percentage of merchandise exports reached 0.416 in 2017 in Iceland, according to the National Statistical Office. This is 14.3 % more than in the previous year.

Historically, ores and metal exports as a percentage of merchandise exports in Iceland reached an all time high of 0.420 in 2010 and an all time low of < 0.001 in 1963. When compared to Iceland's main peers, ores and metal exports as a percentage of merchandise exports in Denmark amounted to 0.016, 0.065 in Norway, 0.047 in Sweden and 0.038 in United Kingdom in 2017.

Iceland has been ranked 8th within the group of 129 countries we follow in terms of ores and metal exports as a percentage of merchandise exports, 7 places above the position seen 10 years ago.

Ores and metals comprise commodities such as: i) crude fertiliser or minerals nes, ii) metalliferous ores, or scrap and iii) non-ferrous metals.

Ores and Metal Exports (As % of Merchandise Exports) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Belgium 0.038 0.037 0.030 0.027 0.027
Denmark 0.017 0.014 0.013 0.015 0.013
Finland 0.055 0.055 0.050 0.052 0.046
France 0.026 0.024 0.023 0.022 0.021
Germany 0.034 0.031 0.028 0.027 0.025
Iceland 0.403 0.377 0.380 0.390 0.402
Ireland 0.009 0.009 0.008 0.008 0.006
Netherlands 0.031 0.026 0.023 0.025 0.026
Norway 0.060 0.052 0.048 0.054 0.062
Russia 0.049 0.053 0.047 0.047 0.061
Sweden 0.053 0.053 0.047 0.047 0.041
United Kingdom 0.045 0.038 0.039 0.039 0.038