{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:18.481Z", "seo": { "title": "Iceland exports to Singapore: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Iceland to Singapore, 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": "SGP", "country_name": "Singapore" }, "latestYear": 2024, "risk": { "exporter_iso3": "ISL", "importer_iso3": "SGP", "all_history_lane_count": 33, "current_lane_count": 3, "current_product_count": 3, "first_observed_last_year": 1999, "latest_data_year": 2024, "current_trade_usd": 808921.2124087133, "attention_trade_usd": 0, "critical_trade_usd": 0, "high_volatility_trade_usd": 251691.08263363494, "unrecovered_drawdown_trade_usd": 499277.8201611633, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 808921.2124087133, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 0, "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": 0.8885673231918693, "trade_weighted_below_peak_pct": 45.932602387778154, "product_concentration_hhi": 4828.967821006373, "top1_product_share_pct": 61.72143992546205, "top3_product_share_pct": 100.00000000000003, "top_product_hs6": "760719", "top_product_trade_usd": 499277.8201611633, "top_product_description": "Aluminium: foil, (not backed), of a thickness not exceeding 0.2mm, not rolled", "top_attention_product_hs6": "", "top_attention_product_reason": "", "distance_km": 11529.234375, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0.6318999528884888, "has_reported_fta": 1, "avg_applied_tariff_pct": 0.35649841120444437, "avg_mfn_tariff_pct": 0.35649841120444437, "avg_preferential_tariff_pct": 0, "tariff_advantage_pp": 0.35649841120444437, "buyer_biz_entry_days": 1.5, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 396986.899888, "buyer_gdp_pc_latest": 72794, "buyer_population_latest": 5453.566, "buyer_gdp_5y_cagr_pct": 7.791336242259628, "buyer_gdp_pc_5y_cagr_pct": 6.573928477882984, "buyer_population_5y_cagr_pct": 1.1423129294040102, "buyer_investment_5y_avg_pct": 27.51, "buyer_savings_5y_avg_pct": 51.083999999999996, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 0, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_product_mix", "concentrated_buyer_markets" ], "attention_level": "Stable", "primary_risk_reason": "Buyer-market concentration is the largest observed corridor exposure", "buyer_gdp_mn_2024": 396986.899888, "buyer_gdp_pc_2024": 72794, "buyer_population_2024": 5453.566 }, "history": [ { "year": 1995, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 291041.36541810713, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 102253.02911710492, "yoy_growth_pct": -64.86649622117831, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 69926.45184886653, "yoy_growth_pct": -31.614297930691603, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 29156.781785775016, "yoy_growth_pct": -58.30364473691277, "cagr_3y_pct": -53.55614194119212 }, { "year": 1999, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 793021.3041307101, "yoy_growth_pct": 2619.8519711719646, "cagr_3y_pct": 97.94121152619371 }, { "year": 2000, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 391473.5956955752, "yoy_growth_pct": -50.63517289428956, "cagr_3y_pct": 77.56348526839896 }, { "year": 2001, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 241556.92177030674, "yoy_growth_pct": -38.29547524371206, "cagr_3y_pct": 102.34538331465792 }, { "year": 2002, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 429979.5172948114, "yoy_growth_pct": 78.00339321415643, "cagr_3y_pct": -18.45682116534466 }, { "year": 2003, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 67372.62870900347, "yoy_growth_pct": -84.33120044115728, "cagr_3y_pct": -44.3762404145905 }, { "year": 2004, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 213273.24908107935, "yoy_growth_pct": 216.55770773358313, "cagr_3y_pct": -4.066055970364946 }, { "year": 2005, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 153574.5361932423, "yoy_growth_pct": -27.991655374060343, "cagr_3y_pct": -29.049224257553263 }, { "year": 2006, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 135384.20791627915, "yoy_growth_pct": -11.844625240524465, "cagr_3y_pct": 26.190938967742472 }, { "year": 2007, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 114761.4968988432, "yoy_growth_pct": -15.232730120332006, "cagr_3y_pct": -18.663289100640757 }, { "year": 2008, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 240148.2961330323, "yoy_growth_pct": 109.2585951059105, "cagr_3y_pct": 16.070030639326525 }, { "year": 2009, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 282812.82477139286, "yoy_growth_pct": 17.765909367404454, "cagr_3y_pct": 27.833210738939897 }, { "year": 2010, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 555627.7938321655, "yoy_growth_pct": 96.46485065919418, "cagr_3y_pct": 69.17229950205275 }, { "year": 2011, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 1666548.9332723683, "yoy_growth_pct": 199.9398071464673, "cagr_3y_pct": 90.7419361895716 }, { "year": 2012, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 3064953.3883165116, "yoy_growth_pct": 83.91019472187311, "cagr_3y_pct": 121.29669343861539 }, { "year": 2013, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 3819042.5665689, "yoy_growth_pct": 24.603609997037744, "cagr_3y_pct": 90.1327132021521 }, { "year": 2014, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 2533894.91570705, "yoy_growth_pct": -33.65104285853643, "cagr_3y_pct": 14.98914462547598 }, { "year": 2015, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 2849240.4088041796, "yoy_growth_pct": 12.445089618451544, "cagr_3y_pct": -2.40331340870904 }, { "year": 2016, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 1403849.700489005, "yoy_growth_pct": -50.72898390212717, "cagr_3y_pct": -28.365532277404615 }, { "year": 2017, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 1746319.3743603535, "yoy_growth_pct": 24.395038425556194, "cagr_3y_pct": -11.669296218937308 }, { "year": 2018, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 3265617.7107852865, "yoy_growth_pct": 87.00002752826504, "cagr_3y_pct": 4.6514899564888745 }, { "year": 2019, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 2108252.238131324, "yoy_growth_pct": -35.4409356867326, "cagr_3y_pct": 14.516302949947768 }, { "year": 2020, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 2386420.7144613704, "yoy_growth_pct": 13.194269229217316, "cagr_3y_pct": 10.970560414669283 }, { "year": 2021, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 2753103.152686624, "yoy_growth_pct": 15.36537275272587, "cagr_3y_pct": -5.531784056238854 }, { "year": 2022, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 5314804.976237151, "yoy_growth_pct": 93.0477966672147, "cagr_3y_pct": 36.098995855473405 }, { "year": 2023, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 2323924.6333557237, "yoy_growth_pct": -56.27450783714273, "cagr_3y_pct": -0.8806733409522316 }, { "year": 2024, "exporter_iso3": "ISL", "importer_iso3": "SGP", "export_value_usd": 2314951.467649875, "yoy_growth_pct": -0.38612120105165904, "cagr_3y_pct": -5.614241781119311 } ], "riskLanes": [ { "exporter_iso3": "ISL", "importer_iso3": "SGP", "hs_code": "760719", "hs_description": "Aluminium: foil, (not backed), of a thickness not exceeding 0.2mm, not rolled", "buyer_imports_latest_usd": 31514932.952611085, "current_below_peak_pct": 74.41920091826874, "lane_volatility_cv": 0.6857541721010203, "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": "SGP", "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": 58077449.026366346, "current_below_peak_pct": 0, "lane_volatility_cv": 1.2745059245338366, "attention_level": "Watch", "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": "SGP", "hs_code": "151790", "hs_description": "Edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this chapter, other than edible fats or oils of heading no. 1516", "buyer_imports_latest_usd": 39882188.618700884, "current_below_peak_pct": 0, "lane_volatility_cv": 0.9597086392541927, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier", "limited_history" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "ISL", "importer_iso3": "SGP", "distance_km": 11520, "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": 396986.89988800004, "importer_gdp_per_capita_usd": 72794.00302260944, "importer_population": 5453.566, "importer_biz_entry_days": 1.5, "importer_biz_entry_cost_pct": 0.4, "exporter_gdp_million_usd": 25458.933915999998, "exporter_gdp_per_capita_usd": 68383.7653366282, "avg_applied_tariff_pct": 0.35649841120444437, "avg_mfn_tariff_pct": 0.35649841120444437, "avg_preferential_tariff_pct": 0, "tariff_advantage_pp": 0.35649841120444437 }, "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-SGP/risk", "html": "https://www.yugalinks.com/trade/corridor/ISL-SGP/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/ISL-SGP/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/ISL-SGP/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/ISL-SGP/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" } }