{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:15.598Z", "seo": { "title": "Iceland exports to Portugal: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Iceland to Portugal, 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": "PRT", "country_name": "Portugal" }, "latestYear": 2024, "risk": { "exporter_iso3": "ISL", "importer_iso3": "PRT", "all_history_lane_count": 38, "current_lane_count": 16, "current_product_count": 16, "first_observed_last_year": 1995, "latest_data_year": 2024, "current_trade_usd": 99787187.80653235, "attention_trade_usd": 26184015.700453535, "critical_trade_usd": 0, "high_volatility_trade_usd": 5966915.6439708425, "unrecovered_drawdown_trade_usd": 3149242.1081072893, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 30272781.691152994, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 3, "high_volatility_lane_count": 5, "unrecovered_drawdown_lane_count": 8, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 7, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 0.5675862064153051, "trade_weighted_below_peak_pct": 27.570953883267386, "product_concentration_hhi": 4781.9247516991445, "top1_product_share_pct": 66.90456625223473, "top3_product_share_pct": 88.95509423108211, "top_product_hs6": "030562", "top_product_trade_usd": 66762185.177263334, "top_product_description": "Fish: cod (gadus morhua, gadus ogac, gadus macrocephalus), salted or in brine but not dried or smoked", "top_attention_product_hs6": "760110", "top_attention_product_reason": "The buyer market is concentrated among relatively few suppliers", "distance_km": 2952.571533203125, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0.2847999930381775, "has_reported_fta": 1, "avg_applied_tariff_pct": 4.297285717517172, "avg_mfn_tariff_pct": 5.920413126868688, "avg_preferential_tariff_pct": 0.6477571372449898, "tariff_advantage_pp": 5.272655989623698, "buyer_biz_entry_days": 6.5, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 249886.464355, "buyer_gdp_pc_latest": 24262, "buyer_population_latest": 10299.423, "buyer_gdp_5y_cagr_pct": 5.462941650481978, "buyer_gdp_pc_5y_cagr_pct": 4.644844908749368, "buyer_population_5y_cagr_pct": 0.7817840835313117, "buyer_investment_5y_avg_pct": 23.083999999999996, "buyer_savings_5y_avg_pct": 19.34, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 26.239857316371285, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_product_mix", "concentrated_buyer_markets" ], "attention_level": "Watch", "primary_risk_reason": "Buyer-market concentration is the largest observed corridor exposure", "buyer_gdp_mn_2024": 249886.464355, "buyer_gdp_pc_2024": 24262, "buyer_population_2024": 10299.423 }, "history": [ { "year": 1995, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 34670858.67687347, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 48992809.678551234, "yoy_growth_pct": 41.30832505521691, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 46130490.09133556, "yoy_growth_pct": -5.84232585556077, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 73530607.42287219, "yoy_growth_pct": 59.396978608477966, "cagr_3y_pct": 28.479701408284463 }, { "year": 1999, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 93460724.21643999, "yoy_growth_pct": 27.104518094009933, "cagr_3y_pct": 24.02205747983539 }, { "year": 2000, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 106265840.8428713, "yoy_growth_pct": 13.701067195645432, "cagr_3y_pct": 32.06929862769008 }, { "year": 2001, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 107295086.540079, "yoy_growth_pct": 0.9685574301619537, "cagr_3y_pct": 13.42372174697848 }, { "year": 2002, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 86281539.57478426, "yoy_growth_pct": -19.58481757451711, "cagr_3y_pct": -2.6290109721137767 }, { "year": 2003, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 71190964.05139676, "yoy_growth_pct": -17.48992379801916, "cagr_3y_pct": -12.499527735856264 }, { "year": 2004, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 140573405.56715524, "yoy_growth_pct": 97.45961786058608, "cagr_3y_pct": 9.422788318240794 }, { "year": 2005, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 61638944.39808018, "yoy_growth_pct": -56.15177412157537, "cagr_3y_pct": -10.60516326235328 }, { "year": 2006, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 56768712.688404344, "yoy_growth_pct": -7.901225040816118, "cagr_3y_pct": -7.2683350622164244 }, { "year": 2007, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 97977832.2530672, "yoy_growth_pct": 72.59125249299565, "cagr_3y_pct": -11.337177324909087 }, { "year": 2008, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 78262895.71332346, "yoy_growth_pct": -20.12183377238024, "cagr_3y_pct": 8.284652385711656 }, { "year": 2009, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 49522732.111453645, "yoy_growth_pct": -36.7225916443788, "cagr_3y_pct": -4.449745084149736 }, { "year": 2010, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 39521358.571419746, "yoy_growth_pct": -20.19552054907887, "cagr_3y_pct": -26.113003491724218 }, { "year": 2011, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 61995327.63628766, "yoy_growth_pct": 56.86537577966813, "cagr_3y_pct": -7.473170227317394 }, { "year": 2012, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 49291262.051057056, "yoy_growth_pct": -20.491972652781897, "cagr_3y_pct": -0.15604391592874967 }, { "year": 2013, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 40055473.67690173, "yoy_growth_pct": -18.73717164025681, "cagr_3y_pct": 0.44847217866679223 }, { "year": 2014, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 47805242.2919748, "yoy_growth_pct": 19.3475894894785, "cagr_3y_pct": -8.299397726455538 }, { "year": 2015, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 44169620.576519355, "yoy_growth_pct": -7.605069111982655, "cagr_3y_pct": -3.5909262887257154 }, { "year": 2016, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 51025017.65621092, "yoy_growth_pct": 15.52061573138328, "cagr_3y_pct": 8.402782678698827 }, { "year": 2017, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 49460251.67478413, "yoy_growth_pct": -3.066664262557728, "cagr_3y_pct": 1.1409276831202853 }, { "year": 2018, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 62703016.88224581, "yoy_growth_pct": 26.77456090303947, "cagr_3y_pct": 12.388426120185025 }, { "year": 2019, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 62922033.44359092, "yoy_growth_pct": 0.34929190369965557, "cagr_3y_pct": 7.23581624611338 }, { "year": 2020, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 66400814.49266535, "yoy_growth_pct": 5.528716824120328, "cagr_3y_pct": 10.316132610469042 }, { "year": 2021, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 72327972.94285077, "yoy_growth_pct": 8.92633395459348, "cagr_3y_pct": 4.875155785705743 }, { "year": 2022, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 75473204.59025776, "yoy_growth_pct": 4.348568775585848, "cagr_3y_pct": 6.250263009217205 }, { "year": 2023, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 80230479.43626845, "yoy_growth_pct": 6.303263352653188, "cagr_3y_pct": 6.509577094250529 }, { "year": 2024, "exporter_iso3": "ISL", "importer_iso3": "PRT", "export_value_usd": 105384330.17989478, "yoy_growth_pct": 31.351988571385057, "cagr_3y_pct": 13.367851264528795 } ], "riskLanes": [ { "exporter_iso3": "ISL", "importer_iso3": "PRT", "hs_code": "030562", "hs_description": "Fish: cod (gadus morhua, gadus ogac, gadus macrocephalus), salted or in brine but not dried or smoked", "buyer_imports_latest_usd": 356916139.02963513, "current_below_peak_pct": 33.607744963411186, "lane_volatility_cv": 0.4612011198195802, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "ISL", "importer_iso3": "PRT", "hs_code": "760110", "hs_description": "Aluminium: unwrought, (not alloyed)", "buyer_imports_latest_usd": 96851555.82050027, "current_below_peak_pct": 0, "lane_volatility_cv": 0.7068962402539587, "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": "PRT", "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": 12832965.298454177, "current_below_peak_pct": 20.76891789517355, "lane_volatility_cv": 0.4049771031249872, "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": "PRT", "hs_code": "030251", "hs_description": "Fish: fresh or chilled, cod (Gadus morhua, Gadus ogac, Gadus macrocephalus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99", "buyer_imports_latest_usd": 22565734.59616816, "current_below_peak_pct": 23.486272062752754, "lane_volatility_cv": 1.435186083813648, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market" ] }, { "exporter_iso3": "ISL", "importer_iso3": "PRT", "hs_code": "720449", "hs_description": "Ferrous waste and scrap: n.e.s. in heading no. 7204", "buyer_imports_latest_usd": 280357584.9139193, "current_below_peak_pct": 0, "lane_volatility_cv": 0.7652207992589927, "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": "PRT", "hs_code": "720429", "hs_description": "Ferrous waste and scrap: of alloy steel (excluding stainless)", "buyer_imports_latest_usd": 41515885.802466124, "current_below_peak_pct": 80.55462450883283, "lane_volatility_cv": 0.7957482638655079, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "concentrated_buyer_market" ] }, { "exporter_iso3": "ISL", "importer_iso3": "PRT", "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": 54470434.17590842, "current_below_peak_pct": 83.11933631910723, "lane_volatility_cv": 0.6083077783095229, "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": "PRT", "hs_code": "030532", "hs_description": "Fish fillets: dried, salted or in brine, but not smoked, of the families Bregmacerotidae, Euclichthyidae, Gadidae, Macrouridae, Melanonidae, Merlucciidae, Moridae and Muraenolepididae", "buyer_imports_latest_usd": 25626267.89933343, "current_below_peak_pct": 94.47016878997962, "lane_volatility_cv": 1.3764439690811132, "attention_level": "Watch", "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": "PRT", "hs_code": "030363", "hs_description": "Fish: frozen, cod (Gadus morhua, Gadus ogac, Gadus macrocephalus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99", "buyer_imports_latest_usd": 123877393.27177018, "current_below_peak_pct": 11.42116783104111, "lane_volatility_cv": 1.128608576381516, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "ISL", "importer_iso3": "PRT", "hs_code": "901580", "hs_description": "Surveying equipment: articles n.e.c. in heading no. 9015, including hydrographic, oceanographic, hydrological, meteorological or geophysical instruments and appliances (excluding compasses)", "buyer_imports_latest_usd": 13865825.639219426, "current_below_peak_pct": 29.49738133960704, "lane_volatility_cv": 1.9437643599671621, "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": "PRT", "distance_km": 2951, "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": 249886.46435499997, "importer_gdp_per_capita_usd": 24262.180935281518, "importer_population": 10299.423, "importer_biz_entry_days": 6.5, "importer_biz_entry_cost_pct": 1.9, "exporter_gdp_million_usd": 25458.933915999998, "exporter_gdp_per_capita_usd": 68383.7653366282, "avg_applied_tariff_pct": 4.297285717517172, "avg_mfn_tariff_pct": 5.920413126868688, "avg_preferential_tariff_pct": 0.6477571372449898, "tariff_advantage_pp": 5.272655989623698 }, "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-PRT/risk", "html": "https://www.yugalinks.com/trade/corridor/ISL-PRT/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/ISL-PRT/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/ISL-PRT/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/ISL-PRT/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" } }