{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:12.839Z", "seo": { "title": "Iceland exports to China: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Iceland to China, the product routes that need a closer look, and the conditions that may affect planning." }, "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com", "email": "support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" }, "exporter": { "iso3": "ISL", "country_name": "Iceland" }, "importer": { "iso3": "CHN", "country_name": "China" }, "latestYear": 2024, "risk": { "exporter_iso3": "ISL", "importer_iso3": "CHN", "all_history_lane_count": 75, "current_lane_count": 33, "current_product_count": 33, "first_observed_last_year": 1997, "latest_data_year": 2024, "current_trade_usd": 139374202.0677354, "attention_trade_usd": 49629163.14298771, "critical_trade_usd": 18719703.099802937, "high_volatility_trade_usd": 45434025.37216863, "unrecovered_drawdown_trade_usd": 31919538.2132864, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 67143364.04497772, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 1, "high_attention_lane_count": 4, "high_volatility_lane_count": 19, "unrecovered_drawdown_lane_count": 13, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 17, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 0.9955739677838185, "trade_weighted_below_peak_pct": 22.50111038141436, "product_concentration_hhi": 1313.2154996022136, "top1_product_share_pct": 21.1414235431772, "top3_product_share_pct": 52.79138773435415, "top_product_hs6": "030399", "top_product_trade_usd": 29465690.36906358, "top_product_description": "Fish: frozen, fish fins (other than shark fins), heads, tails, maws and other edible fish offal", "top_attention_product_hs6": "030391", "top_attention_product_reason": "Current trade remains more than 50% below its historical peak", "distance_km": 7889.9443359375, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0.008899999782443047, "has_reported_fta": 1, "avg_applied_tariff_pct": 29.164320707494944, "avg_mfn_tariff_pct": 30.189875567878776, "avg_preferential_tariff_pct": 0.10898182193535354, "tariff_advantage_pp": 30.08089374594342, "buyer_biz_entry_days": 8.5, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 17734062.645370997, "buyer_gdp_pc_latest": 12556, "buyer_population_latest": 1412359.985, "buyer_gdp_5y_cagr_pct": 5.1812362915018895, "buyer_gdp_pc_5y_cagr_pct": 5.16286575688667, "buyer_population_5y_cagr_pct": 0.01746865158438471, "buyer_investment_5y_avg_pct": 44.900000000000006, "buyer_savings_5y_avg_pct": 46.43, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 35.60857203607028, "critical_trade_share_pct": 13.431254006896646, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_buyer_markets" ], "attention_level": "High attention", "primary_risk_reason": "Buyer-market concentration is the largest observed corridor exposure", "buyer_gdp_mn_2024": 17734062.645370997, "buyer_gdp_pc_2024": 12556, "buyer_population_2024": 1412359.985 }, "history": [ { "year": 1995, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 1885069.6893312314, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 2439517.4433064237, "yoy_growth_pct": 29.412586553863406, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 7727838.219204906, "yoy_growth_pct": 216.7773298940181, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 7042704.428244873, "yoy_growth_pct": -8.86578848477142, "cagr_3y_pct": 55.16866270600887 }, { "year": 1999, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 5849861.260012113, "yoy_growth_pct": -16.937288514463912, "cagr_3y_pct": 33.848614310813716 }, { "year": 2000, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 11948973.473973908, "yoy_growth_pct": 104.26080111768611, "cagr_3y_pct": 15.635413697723276 }, { "year": 2001, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 13276436.36287341, "yoy_growth_pct": 11.109430377352947, "cagr_3y_pct": 23.53234491170666 }, { "year": 2002, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 14425977.673638998, "yoy_growth_pct": 8.658508046482982, "cagr_3y_pct": 35.10348854200356 }, { "year": 2003, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 19840596.69617732, "yoy_growth_pct": 37.53380980502008, "cagr_3y_pct": 18.41536120611087 }, { "year": 2004, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 20705866.227088995, "yoy_growth_pct": 4.361106392926106, "cagr_3y_pct": 15.967767132286781 }, { "year": 2005, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 36482114.14139647, "yoy_growth_pct": 76.19216574319303, "cagr_3y_pct": 36.24217892337893 }, { "year": 2006, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 38577830.86895151, "yoy_growth_pct": 5.74450460692193, "cagr_3y_pct": 24.813345785613517 }, { "year": 2007, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 34257755.028566524, "yoy_growth_pct": -11.198337861608232, "cagr_3y_pct": 18.273785871814276 }, { "year": 2008, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 42739774.84250742, "yoy_growth_pct": 24.75941522399232, "cagr_3y_pct": 5.418640390219709 }, { "year": 2009, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 36369271.427730426, "yoy_growth_pct": -14.905327504068, "cagr_3y_pct": -1.9459359085436945 }, { "year": 2010, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 33376391.304629005, "yoy_growth_pct": -8.229145115124425, "cagr_3y_pct": -0.8650421388282092 }, { "year": 2011, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 60829589.84293869, "yoy_growth_pct": 82.25334574892216, "cagr_3y_pct": 12.484898145986767 }, { "year": 2012, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 74156022.03211023, "yoy_growth_pct": 21.907812009879123, "cagr_3y_pct": 26.80526166940096 }, { "year": 2013, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 67071260.360929094, "yoy_growth_pct": -9.55385884657266, "cagr_3y_pct": 26.19215676315434 }, { "year": 2014, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 48696760.213972464, "yoy_growth_pct": -27.395489585372836, "cagr_3y_pct": -7.147188105640845 }, { "year": 2015, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 66060920.302277185, "yoy_growth_pct": 35.65773166840462, "cagr_3y_pct": -3.7798421718135633 }, { "year": 2016, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 89234693.80006479, "yoy_growth_pct": 35.07939851844417, "cagr_3y_pct": 9.984737709767998 }, { "year": 2017, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 103278039.59147616, "yoy_growth_pct": 15.73754018014144, "cagr_3y_pct": 28.480131466785032 }, { "year": 2018, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 153417826.77571297, "yoy_growth_pct": 48.54835295341431, "cagr_3y_pct": 32.42716109357309 }, { "year": 2019, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 134622933.84037212, "yoy_growth_pct": -12.250788145251057, "cagr_3y_pct": 14.690761879095815 }, { "year": 2020, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 95646372.78895709, "yoy_growth_pct": -28.952393132087817, "cagr_3y_pct": -2.5264373572149834 }, { "year": 2021, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 134631545.8572557, "yoy_growth_pct": 40.75969838847841, "cagr_3y_pct": -4.260680708168252 }, { "year": 2022, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 167782359.56997466, "yoy_growth_pct": 24.623362601709566, "cagr_3y_pct": 7.615728242864583 }, { "year": 2023, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 198236157.97894537, "yoy_growth_pct": 18.150774900903556, "cagr_3y_pct": 27.49841593896798 }, { "year": 2024, "exporter_iso3": "ISL", "importer_iso3": "CHN", "export_value_usd": 150339052.9018896, "yoy_growth_pct": -24.16163911032967, "cagr_3y_pct": 3.7468674704090654 } ], "riskLanes": [ { "exporter_iso3": "ISL", "importer_iso3": "CHN", "hs_code": "030399", "hs_description": "Fish: frozen, fish fins (other than shark fins), heads, tails, maws and other edible fish offal", "buyer_imports_latest_usd": 160747289.8033937, "current_below_peak_pct": 0, "lane_volatility_cv": 0.8983940042825382, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "ISL", "importer_iso3": "CHN", "hs_code": "030331", "hs_description": "Fish: halibut (reinhardtius hippoglossoides, hippoglossus hippoglossus, hippoglossus stenolepis), frozen (excluding fillets, livers, roes and other fish meat of heading no. 0304)", "buyer_imports_latest_usd": 328599478.9319095, "current_below_peak_pct": 4.55938387722857, "lane_volatility_cv": 0.8142431905509856, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "ISL", "importer_iso3": "CHN", "hs_code": "030391", "hs_description": "Fish: frozen, livers, roes and milt", "buyer_imports_latest_usd": 94068514.80884115, "current_below_peak_pct": 53.69110593482005, "lane_volatility_cv": 1.65736929250002, "attention_level": "Critical attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_buyer_market" ] }, { "exporter_iso3": "ISL", "importer_iso3": "CHN", "hs_code": "030214", "hs_description": "Fish: fresh or chilled, Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99", "buyer_imports_latest_usd": 944837053.0880518, "current_below_peak_pct": 0, "lane_volatility_cv": 0.8119146293698193, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market" ] }, { "exporter_iso3": "ISL", "importer_iso3": "CHN", "hs_code": "030354", "hs_description": "Fish: frozen, mackerel (Scomber scombrus, Scomber australasicus, Scomber japonicus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99", "buyer_imports_latest_usd": 150713837.88376483, "current_below_peak_pct": 26.481537558369002, "lane_volatility_cv": 1.0885791725821068, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "ISL", "importer_iso3": "CHN", "hs_code": "760719", "hs_description": "Aluminium: foil, (not backed), of a thickness not exceeding 0.2mm, not rolled", "buyer_imports_latest_usd": 170563059.55014256, "current_below_peak_pct": 45.223872418862065, "lane_volatility_cv": 0.7269558416359669, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "ISL", "importer_iso3": "CHN", "hs_code": "030389", "hs_description": "Fish: frozen, n.e.c. in heading 0303, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99", "buyer_imports_latest_usd": 970858096.4784622, "current_below_peak_pct": 64.01044549652259, "lane_volatility_cv": 0.711770838828627, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown" ] }, { "exporter_iso3": "ISL", "importer_iso3": "CHN", "hs_code": "030812", "hs_description": "Aquatic invertebrates: sea cucumbers (Stichopus japonicus, Holothuroidea), frozen", "buyer_imports_latest_usd": 18963054.143753637, "current_below_peak_pct": 77.45830551209497, "lane_volatility_cv": 1.017679932581734, "attention_level": "High attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "ISL", "importer_iso3": "CHN", "hs_code": "030359", "hs_description": "Fish: frozen, n.e.c. in item no. 0303.5, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99", "buyer_imports_latest_usd": 170236448.36478746, "current_below_peak_pct": 91.3299550199141, "lane_volatility_cv": 1.3140405180794217, "attention_level": "High attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown" ] }, { "exporter_iso3": "ISL", "importer_iso3": "CHN", "hs_code": "150420", "hs_description": "Fats and oils and their fractions: of fish, (excluding liver-oils)", "buyer_imports_latest_usd": 440113646.40212435, "current_below_peak_pct": 34.17712527720253, "lane_volatility_cv": 1.046059712083479, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "ISL", "importer_iso3": "CHN", "distance_km": 8958, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": 0, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 1, "rta_coverage_ratio": 2, "exporter_is_wto": 1, "importer_is_wto": 1, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 17734062.645370997, "importer_gdp_per_capita_usd": 12556.33325336033, "importer_population": 1412359.985, "importer_biz_entry_days": 8.5, "importer_biz_entry_cost_pct": 1.1, "exporter_gdp_million_usd": 25458.933915999998, "exporter_gdp_per_capita_usd": 68383.7653366282, "avg_applied_tariff_pct": 29.164320707494944, "avg_mfn_tariff_pct": 30.189875567878776, "avg_preferential_tariff_pct": 0.10898182193535354, "tariff_advantage_pp": 30.08089374594342 }, "sourceAttribution": { "publisher": "OECD", "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D", "year": 2025, "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)", "sourceUrl": "https://data-explorer.oecd.org/", "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0", "termsUrl": "https://www.oecd.org/termsandconditions/", "terms": "OECD Terms & Conditions", "accessed": "2026-08-29", "supportingSources": [ { "publisher": "CEPII", "dataset": "BACI bilateral trade flows", "release": "202601", "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.", "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html", "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37", "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf", "license": "Etalab 2.0 Open Licence", "accessed": "2026-08-29" } ] }, "links": { "canonical": "https://www.yugalinks.com/trade/corridor/ISL-CHN/risk", "html": "https://www.yugalinks.com/trade/corridor/ISL-CHN/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/ISL-CHN/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/ISL-CHN/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/ISL-CHN/risk/index.ld.json", "home": "https://www.yugalinks.com/", "tradeHub": "https://www.yugalinks.com/trade/", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "workspace": "https://www.yugalinks.com/app/corridors", "contact": "https://www.yugalinks.com/contact", "email": "mailto:support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" } }