Iceland - Transport services exports

Transport services (% of commercial service exports)

The value for Transport services (% of commercial service exports) in Iceland was 24.41 as of 2020. As the graph below shows, over the past 44 years this indicator reached a maximum value of 73.40 in 1982 and a minimum value of 24.41 in 2020.

Definition: Transport services (% of commercial service exports) covers all transport services (sea, air, land, internal waterway, space, and pipeline) performed by residents of one economy for those of another and involving the carriage of passengers, movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Excluded are freight insurance, which is included in insurance services; goods procured in ports by nonresident carriers and repairs of transport equipment, which are included in goods; repairs of railway facilities, harbors, and airfield facilities, which are included in construction services; and rental of carriers without crew, which is included in other services.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1976 68.95
1977 70.34
1978 72.08
1979 69.19
1980 67.40
1981 70.97
1982 73.40
1983 67.98
1984 65.82
1985 69.73
1986 62.11
1987 53.86
1988 52.70
1989 52.11
1990 50.75
1991 49.70
1992 45.94
1993 46.75
1994 47.30
2009 39.44
2010 39.13
2011 39.36
2012 40.03
2013 39.18
2014 37.97
2015 35.78
2016 33.77
2017 33.93
2018 33.90
2019 28.35
2020 24.41

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports