Basic Details |
| Region | Nordic Region |
| Capital City | Reykjavík |
| Government Type | Parliamentary Republic |
| Official Languages | Icelandic |
| Currency | Icelandic krona, ISK |
| Phone Code | +354 |
| Important Cities | Reykjavík, Kópavogur, Hafnarfjörður, Akureyri, Reykjanesbær, Garðabær, Mosfellsbær, Selfoss, Akranes, Seltjarnarnes, Vestmannaeyjar, Grindavík, Ísafjörður, Álftanes, Sauðárkrókur, Hveragerði, Egilsstaðir, Húsavík |
| National Day | National Day (Jun-17) |
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Economy |
| GDP (nominal) | USD 30.57 Billion |
| Ease of Doing Business Ranking | 26 |
| Primary Industries | Tourism,Manufacturing,Aluminium,Fisheries,Finance,Banks,Stock market |
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Foreign Relations |
| Bordering Nations | Greenland, Faroe Islands, Norway, Sweden, Scotland, United Kingdom, Ireland |
| Member of | (Members of the Nordic Council), ( European Free Trade Association), ( NATO), ( Council of Europe), ( United Nations) |
| Major Exports | Fisheries, Sea Food & Crustaceans, Mining, Metals & Minerals, Food & Beverages, Spirits & Vinegar, Edible Oils & Seeds, Instruments & Optical Solutions, Animal Meat and Food Preperations, Chemical Products, Machinery & Appliances, Electrical Products, Other Products, Pharmaceutical Products, Plastics and Products, Aviation Vehicles, Dairy, Eggs, Honey, & Edible Products, Cereals & Pulses |
| Major Imports | Mining, Metals & Minerals, Automobiles, Vehicles & Components, Electrical Products, Machinery & Appliances, Chemical Products, Instruments & Optical Solutions, Household Items & Products, Wood and Pulp, Food & Beverages, Spirits & Vinegar, Fashion and Apparel, Fisheries, Sea Food & Crustaceans, Books and Papers, Marine Vessels |
| Total Exports Value | USD 7.424 Billion |
| Total Imports Value | USD 9.764 Billion |
| Foreign Trade Balance | USD 2.34 Billion (Deficit) |
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Foreign Relations with India |
| Flags |  |
| Maps |  |
| Trade Agreements with India | Iceland exported goods to India amounting to US $1.14 million in 2007. The main item of export were fish products, primarily cod, amounting to 77% of the total exports. Other items included industrial goods and medical products. India exported US$18.95 million worth of goods to Iceland in the same year, in which consumer goods were the largest with 52.5% of total exports, followed by raw materials at 37.8%. The trade between the two countries is still considered limited, but with growth potential. By 2007, total bilateral trade was US$26.7 million of which imports from India were US$25.1 million and exports to India were US$1.6 million. |
| Major Exports to India | Edible Oils & Seeds, Instruments & Optical Solutions, Mining, Metals & Minerals, Pharmaceutical Products, Electrical Products, Machinery & Appliances, Art and Antiques, Silk & Textiles, Cereals & Pulses, Chemical Products, Plastics and Products, Rubber and Products, Hides, Leather & Tannery, Wood and Pulp, Books and Papers |
| Major Imports from India | Mining, Metals & Minerals, Fashion and Apparel, Silk & Textiles, Electrical Products, Hides, Leather & Tannery, Cosmetics and Accessories, Pharmaceutical Products, Rubber and Products, Chemical Products, Machinery & Appliances, Household Items & Products, Automobiles, Vehicles & Components, Fisheries, Sea Food & Crustaceans, Plastics and Products, Cereals & Pulses, Edible Oils & Seeds |
| India's Imports Value | USD 4.95 Million |
| India's Exports Value | USD 10.41 Million |
| Trade Balance with India | USD 5.46 Million (Deficit) |
| Indian Embassy Details for Iceland | Embassy of India
Honourable Ambassador
Tungata - 7,101 Reykjavik Iceland
hoc.reykjavik@mea.gov.in
354-5349955, 5349957
https://indianembassyreykjavik.gov.in/
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| Embassy Details of Iceland in India | Iceland
Embassy of Iceland
H.E. Mr. Gudni Bragason
Ambassador
33 B, Dr. S radhakrishna MargChanakyapuriNew Delhi 110021
icemb.newdelhi@utn.stjr.is
+91-11-43530300 (O)
Iceland
Honorary Consulate of Iceland in Mumbai
H.E. Mr. Gul Rupchand Kripalani
Honorary Consul
7 Elysium Mansion, Walton Road Colaba Causeway Mumbai 400001
gul.kripalani@pijikay.com
022856161/22886688 (O)
Iceland
Honorary Consulate of Iceland in Kolkata
H.E. Mr. Sharad Varma
Honorary Consul
B.Ghose and Co. Pvt. Ltd., 19/1, Camac Street, Kolkata-700017
Kolkataconsulate.iceland@gmail.com
+91-33-66527200 (O)
Iceland
Honorary Consulate of Iceland in Chennai
H.E. Mr. Kumaran Sitaraman
Honorary Consul
29, Developed Industrial Estate Perungudi Chennai - 600096
kumar.sitaraman@auromatrix.com
044-24988201 (O)
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