{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:18.428Z",
  "seo": {
    "title": "Iceland exports to Luxembourg: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Iceland to Luxembourg, 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": "LUX",
    "country_name": "Luxembourg"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "ISL",
    "importer_iso3": "LUX",
    "all_history_lane_count": 12,
    "current_lane_count": 3,
    "current_product_count": 3,
    "first_observed_last_year": 2000,
    "latest_data_year": 2024,
    "current_trade_usd": 2919199.9787241556,
    "attention_trade_usd": 1777526.0811085247,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 251435.36536597443,
    "unrecovered_drawdown_trade_usd": 890238.5322496563,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 2919199.9787241556,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 1,
    "high_volatility_lane_count": 1,
    "unrecovered_drawdown_lane_count": 1,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 3,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 0.4779370053550885,
    "trade_weighted_below_peak_pct": 54.406802055198106,
    "product_concentration_hhi": 4711.888379033605,
    "top1_product_share_pct": 60.89086373196664,
    "top3_product_share_pct": 100,
    "top_product_hs6": "760120",
    "top_product_trade_usd": 1777526.0811085247,
    "top_product_description": "Aluminium: unwrought, alloys",
    "top_attention_product_hs6": "760120",
    "top_attention_product_reason": "The buyer market is concentrated among relatively few suppliers",
    "distance_km": 2319.428466796875,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": null,
    "has_reported_fta": 1,
    "avg_applied_tariff_pct": 0.6849554168176768,
    "avg_mfn_tariff_pct": 4.334022337878789,
    "avg_preferential_tariff_pct": 0.6296982264458081,
    "tariff_advantage_pp": 3.704324111432981,
    "buyer_biz_entry_days": 16.5,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 86710.80333699999,
    "buyer_gdp_pc_latest": 135683,
    "buyer_population_latest": 639.07,
    "buyer_gdp_5y_cagr_pct": 5.9490070751361035,
    "buyer_gdp_pc_5y_cagr_pct": 4.101286267407822,
    "buyer_population_5y_cagr_pct": 1.7749260109831688,
    "buyer_investment_5y_avg_pct": 22.124,
    "buyer_savings_5y_avg_pct": 54.153999999999996,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 60.89086373196664,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_product_mix",
      "concentrated_buyer_markets"
    ],
    "attention_level": "High attention",
    "primary_risk_reason": "Buyer-market concentration is the largest observed corridor exposure",
    "buyer_gdp_mn_2024": 86710.80333699999,
    "buyer_gdp_pc_2024": 135683,
    "buyer_population_2024": 639.07
  },
  "history": [
    {
      "year": 1999,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 2015876.4732629452,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2000,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 690049.6748864693,
      "yoy_growth_pct": -65.76924806461288,
      "cagr_3y_pct": null
    },
    {
      "year": 2001,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 437108.6145051144,
      "yoy_growth_pct": -36.65548576962523,
      "cagr_3y_pct": null
    },
    {
      "year": 2002,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 505121.9390561894,
      "yoy_growth_pct": 15.5598225004278,
      "cagr_3y_pct": -36.95594995357624
    },
    {
      "year": 2003,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 594938.5176596523,
      "yoy_growth_pct": 17.78116760703039,
      "cagr_3y_pct": -4.823314368831488
    },
    {
      "year": 2004,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 1635162.2379059042,
      "yoy_growth_pct": 174.84558309289616,
      "cagr_3y_pct": 55.235303282585434
    },
    {
      "year": 2005,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 748174.1263199365,
      "yoy_growth_pct": -54.24465481308465,
      "cagr_3y_pct": 13.99054178412733
    },
    {
      "year": 2006,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 937236.2079307239,
      "yoy_growth_pct": 25.269796824000323,
      "cagr_3y_pct": 16.356948638030012
    },
    {
      "year": 2007,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 1683499.4019792343,
      "yoy_growth_pct": 79.62381177058309,
      "cagr_3y_pct": 0.9758162349350341
    },
    {
      "year": 2008,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 6272161.315059835,
      "yoy_growth_pct": 272.5668870262659,
      "cagr_3y_pct": 103.14439531488793
    },
    {
      "year": 2009,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 6253705.045065766,
      "yoy_growth_pct": -0.29425694058209384,
      "cagr_3y_pct": 88.26204789489493
    },
    {
      "year": 2010,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 1538175.9222066584,
      "yoy_growth_pct": -75.40376606951915,
      "cagr_3y_pct": -2.9644181967911964
    },
    {
      "year": 2011,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 7612920.377821668,
      "yoy_growth_pct": 394.9317089101366,
      "cagr_3y_pct": 6.67058807390013
    },
    {
      "year": 2012,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 7901211.547250883,
      "yoy_growth_pct": 3.7868669987548786,
      "cagr_3y_pct": 8.106572565816684
    },
    {
      "year": 2013,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 6250255.119322577,
      "yoy_growth_pct": -20.894978169553426,
      "cagr_3y_pct": 59.57465416162484
    },
    {
      "year": 2014,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 7247248.998293414,
      "yoy_growth_pct": 15.951250947959617,
      "cagr_3y_pct": -1.627441881778724
    },
    {
      "year": 2015,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 8981263.992969798,
      "yoy_growth_pct": 23.9265270875157,
      "cagr_3y_pct": 4.363329063940724
    },
    {
      "year": 2016,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 6819312.703775389,
      "yoy_growth_pct": -24.071793133869622,
      "cagr_3y_pct": 2.947140285716454
    },
    {
      "year": 2017,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 4186453.510611758,
      "yoy_growth_pct": -38.60886437581893,
      "cagr_3y_pct": -16.716743835390126
    },
    {
      "year": 2018,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 8966372.642206658,
      "yoy_growth_pct": 114.17585599550631,
      "cagr_3y_pct": -0.055298781058377156
    },
    {
      "year": 2019,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 5250195.132445306,
      "yoy_growth_pct": -41.44571788449321,
      "cagr_3y_pct": -8.3473668912743
    },
    {
      "year": 2020,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 8208273.507429223,
      "yoy_growth_pct": 56.34225586594867,
      "cagr_3y_pct": 25.160853322315813
    },
    {
      "year": 2021,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 11701748.213083226,
      "yoy_growth_pct": 42.560408135670635,
      "cagr_3y_pct": 9.280998623054115
    },
    {
      "year": 2022,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 12998357.959006477,
      "yoy_growth_pct": 11.080478936246173,
      "cagr_3y_pct": 35.28127338913223
    },
    {
      "year": 2023,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 4333067.145128194,
      "yoy_growth_pct": -66.66450363350826,
      "cagr_3y_pct": -19.180802593999836
    },
    {
      "year": 2024,
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "export_value_usd": 6061214.626699373,
      "yoy_growth_pct": 39.88277641887434,
      "cagr_3y_pct": -19.68999779828212
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "hs_code": "760120",
      "hs_description": "Aluminium: unwrought, alloys",
      "buyer_imports_latest_usd": 24945458.437265858,
      "current_below_peak_pct": 43.71299800725506,
      "lane_volatility_cv": 0.2796969514411975,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "hs_code": "760110",
      "hs_description": "Aluminium: unwrought, (not alloyed)",
      "buyer_imports_latest_usd": 40391611.30345628,
      "current_below_peak_pct": 91.1253988924092,
      "lane_volatility_cv": 0.6765258810588887,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "LUX",
      "hs_code": "040310",
      "hs_description": "Dairy produce: yoghurt, whether or not concentrated or containing added sugar or other sweetening matter or flavoured or containing added fruit or cocoa",
      "buyer_imports_latest_usd": 20640805.75653317,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.1762691459792576,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "ISL",
    "importer_iso3": "LUX",
    "distance_km": 2317,
    "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": 1,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 0,
    "importer_is_eu": 1,
    "importer_gdp_million_usd": 86710.803337,
    "importer_gdp_per_capita_usd": 135682.79427449263,
    "importer_population": 639.07,
    "importer_biz_entry_days": 16.5,
    "importer_biz_entry_cost_pct": 1.6,
    "exporter_gdp_million_usd": 25458.933915999998,
    "exporter_gdp_per_capita_usd": 68383.7653366282,
    "avg_applied_tariff_pct": 0.6849554168176768,
    "avg_mfn_tariff_pct": 4.334022337878789,
    "avg_preferential_tariff_pct": 0.6296982264458081,
    "tariff_advantage_pp": 3.704324111432981
  },
  "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-LUX/risk",
    "html": "https://www.yugalinks.com/trade/corridor/ISL-LUX/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/ISL-LUX/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/ISL-LUX/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/ISL-LUX/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"
  }
}