What are some major imports in Iceland?

Main material imports to Iceland in 2017 were industrial supplies 27%, capital goods (except for transport) 21%, transport equipment 19%, fuels and lubricants 12%, consumer goods 13%, and food and beverages 8%.

What are the main exports and imports of Iceland?

Other Notable Exports From Iceland. Passenger and Cargo Ships – $273 million.
Other Notable Imports From Iceland. Cars – $408 million.
Aluminum. Aluminum is the biggest export market in Iceland and represents 33.7% of its total annual shipments.
Fish Fillets.
Ferroalloys.
Fish Oil.
Refined Petroleum.

What does the US import from Iceland?

U.S. total imports of agricultural products from Iceland totaled $6 million in 2019. Leading categories include: wine and beer ($2 million), other dairy products ($1 million), snack foods ($876 thousand), feeds & fodders ($498 thousand), and red meats, fresh, chilled, or frozen ($152 thousand).

Is Iceland expensive to live in?

According to data derived from Numbeo.com, Iceland is the world’s 4th most expensive country to live. The costs of living in Iceland, including groceries, transportation, restaurants and utilities, are, according to the infographic, 2.14% higher than in New York. …

How much money do I need to live in Iceland?

According to estimations from websites Investopedia and International Living, a retired couple living in a one-bedroom apartment in Reykjavik can expect to live on roughly $2,600 a month. This includes rent, utilities, groceries, dining out, transportation and any help around the house you might need.

What are the requirements to move to Iceland?

There is no special permit required for them to work or live in Iceland. The only requirements are that you register, apply for a kennitala, and show proof that you can support yourself and any dependents. The average income in Iceland is 163,635 Icelandic Króna (ISK) or 245,453 ISK per couple.

How much money do you need to live comfortably in Iceland?

Iceland is known for its relatively high prices. In order to support yourself you should have at least 125,000 ISK per month at your disposal. Renting a single room will cost you around 50,000 ISK per month minimum.