{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:15.603Z",
  "seo": {
    "title": "Iceland exports to Taiwan: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Iceland to Taiwan, 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": "TWN",
    "country_name": "Taiwan"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "ISL",
    "importer_iso3": "TWN",
    "all_history_lane_count": 37,
    "current_lane_count": 16,
    "current_product_count": 16,
    "first_observed_last_year": 1997,
    "latest_data_year": 2024,
    "current_trade_usd": 22570397.115550812,
    "attention_trade_usd": 20382275.919279404,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 3817531.006707738,
    "unrecovered_drawdown_trade_usd": 5170586.164140478,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 18922438.749506112,
    "access_friction_trade_usd": 22570397.115550812,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 4,
    "high_volatility_lane_count": 9,
    "unrecovered_drawdown_lane_count": 7,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 7,
    "access_friction_lane_count": 16,
    "trade_weighted_volatility_cv": 0.7313721183944023,
    "trade_weighted_below_peak_pct": 31.79281051502809,
    "product_concentration_hhi": 4785.919411152127,
    "top1_product_share_pct": 67.73238537200528,
    "top3_product_share_pct": 85.84271460764738,
    "top_product_hs6": "030331",
    "top_product_trade_usd": 15287468.35429684,
    "top_product_description": "Fish: halibut (reinhardtius hippoglossoides, hippoglossus hippoglossus, hippoglossus stenolepis), frozen (excluding fillets, livers, roes and other fish meat of heading no. 0304)",
    "top_attention_product_hs6": "030331",
    "top_attention_product_reason": "The buyer market is concentrated among relatively few suppliers",
    "distance_km": 9608.0361328125,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": null,
    "avg_mfn_tariff_pct": null,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": null,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 610872,
    "buyer_gdp_pc_latest": 25889,
    "buyer_population_latest": 23596.027,
    "buyer_gdp_5y_cagr_pct": null,
    "buyer_gdp_pc_5y_cagr_pct": null,
    "buyer_population_5y_cagr_pct": null,
    "buyer_investment_5y_avg_pct": null,
    "buyer_savings_5y_avg_pct": null,
    "buyer_macro_resilience_label": "Macro trend unavailable",
    "attention_trade_share_pct": 90.30534914796067,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_product_mix",
      "concentrated_buyer_markets",
      "market_access_friction"
    ],
    "attention_level": "High attention",
    "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction",
    "buyer_gdp_mn_2024": 610872,
    "buyer_gdp_pc_2024": 25889,
    "buyer_population_2024": 23596.027
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 21678075.937349644,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 22444000.777237937,
      "yoy_growth_pct": 3.53317721601234,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 22466312.6059252,
      "yoy_growth_pct": 0.09941110280966559,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 13367344.02971994,
      "yoy_growth_pct": -40.500498394229254,
      "cagr_3y_pct": -14.88460269049705
    },
    {
      "year": 1999,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 11821909.573476193,
      "yoy_growth_pct": -11.561267913863393,
      "cagr_3y_pct": -19.24009749124369
    },
    {
      "year": 2000,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 18358043.52224571,
      "yoy_growth_pct": 55.28830945750152,
      "cagr_3y_pct": -6.5100632723327445
    },
    {
      "year": 2001,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 15072921.015757201,
      "yoy_growth_pct": -17.894731007188746,
      "cagr_3y_pct": 4.084030026175767
    },
    {
      "year": 2002,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 16408577.317280443,
      "yoy_growth_pct": 8.86129702482319,
      "cagr_3y_pct": 11.547822833726173
    },
    {
      "year": 2003,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 12825434.398212422,
      "yoy_growth_pct": -21.837011520154704,
      "cagr_3y_pct": -11.267667862010722
    },
    {
      "year": 2004,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 19537619.77815028,
      "yoy_growth_pct": 52.33495546063831,
      "cagr_3y_pct": 9.03302887792834
    },
    {
      "year": 2005,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 8319919.702597434,
      "yoy_growth_pct": -57.4158991879761,
      "cagr_3y_pct": -20.258805738360298
    },
    {
      "year": 2006,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 6102041.407310977,
      "yoy_growth_pct": -26.657448323618404,
      "cagr_3y_pct": -21.932964313429448
    },
    {
      "year": 2007,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 3939862.0451183096,
      "yoy_growth_pct": -35.43370517941942,
      "cagr_3y_pct": -41.35876331650073
    },
    {
      "year": 2008,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 6862349.795614006,
      "yoy_growth_pct": 74.17741324513653,
      "cagr_3y_pct": -6.218342198365267
    },
    {
      "year": 2009,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 17705356.404024616,
      "yoy_growth_pct": 158.0071976998432,
      "cagr_3y_pct": 42.62965805560191
    },
    {
      "year": 2010,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 15517416.916871367,
      "yoy_growth_pct": -12.357500392682896,
      "cagr_3y_pct": 57.923273572126455
    },
    {
      "year": 2011,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 14817722.867091917,
      "yoy_growth_pct": -4.509088423207253,
      "cagr_3y_pct": 29.251682599445306
    },
    {
      "year": 2012,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 14767451.260420354,
      "yoy_growth_pct": -0.33926674916567867,
      "cagr_3y_pct": -5.8687936999156864
    },
    {
      "year": 2013,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 11968598.398558259,
      "yoy_growth_pct": -18.95284983512061,
      "cagr_3y_pct": -8.291845217851368
    },
    {
      "year": 2014,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 10332165.952593865,
      "yoy_growth_pct": -13.6727158140883,
      "cagr_3y_pct": -11.3245702881417
    },
    {
      "year": 2015,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 14110801.515240643,
      "yoy_growth_pct": 36.57157250458371,
      "cagr_3y_pct": -1.504729110639913
    },
    {
      "year": 2016,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 24850449.500358883,
      "yoy_growth_pct": 76.1094114570223,
      "cagr_3y_pct": 27.57443434123681
    },
    {
      "year": 2017,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 16220802.083206663,
      "yoy_growth_pct": -34.72632322818786,
      "cagr_3y_pct": 16.223419964902664
    },
    {
      "year": 2018,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 22130963.5978832,
      "yoy_growth_pct": 36.435692170828624,
      "cagr_3y_pct": 16.184862117620604
    },
    {
      "year": 2019,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 12442526.87439541,
      "yoy_growth_pct": -43.77774460943253,
      "cagr_3y_pct": -20.593123558614735
    },
    {
      "year": 2020,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 10307211.251081623,
      "yoy_growth_pct": -17.16143067135262,
      "cagr_3y_pct": -14.028147687322734
    },
    {
      "year": 2021,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 30038767.546417408,
      "yoy_growth_pct": 191.4344803330308,
      "cagr_3y_pct": 10.720302103830214
    },
    {
      "year": 2022,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 25013870.327005725,
      "yoy_growth_pct": -16.72804056174062,
      "cagr_3y_pct": 26.20912880120192
    },
    {
      "year": 2023,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 32086089.831259586,
      "yoy_growth_pct": 28.273191680451305,
      "cagr_3y_pct": 46.01311716778282
    },
    {
      "year": 2024,
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "export_value_usd": 23376289.96122848,
      "yoy_growth_pct": -27.14509594604969,
      "cagr_3y_pct": -8.019063889723077
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "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": 74153789.57171434,
      "current_below_peak_pct": 23.927888213164746,
      "lane_volatility_cv": 0.59206158039771,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "hs_code": "030391",
      "hs_description": "Fish: frozen, livers, roes and milt",
      "buyer_imports_latest_usd": 56068315.26590404,
      "current_below_peak_pct": 73.80584311292954,
      "lane_volatility_cv": 1.0850238096513791,
      "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",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "hs_code": "843850",
      "hs_description": "Machinery: industrial, for the preparation of meat or poultry",
      "buyer_imports_latest_usd": 26060602.509268533,
      "current_below_peak_pct": 55.9204322973612,
      "lane_volatility_cv": 0.8163126386354989,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "hs_code": "160420",
      "hs_description": "Fish preparations: fish minced or in forms n.e.c. in heading no. 1604, prepared or preserved",
      "buyer_imports_latest_usd": 85591535.2169507,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.8449620515229482,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "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": 28149651.90486565,
      "current_below_peak_pct": 67.43411543181864,
      "lane_volatility_cv": 1.3034763813103853,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "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": 24534894.860601984,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.0200538481885983,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "long_distance_without_fta",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "hs_code": "030313",
      "hs_description": "Fish: frozen, Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99",
      "buyer_imports_latest_usd": 22560036.77691832,
      "current_below_peak_pct": 87.1302259107835,
      "lane_volatility_cv": 1.2967962115592295,
      "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",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "hs_code": "902139",
      "hs_description": "Artificial parts of the body: excluding artificial joints",
      "buyer_imports_latest_usd": 134641840.16372395,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.9864162207531769,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": [
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "hs_code": "901819",
      "hs_description": "Medical, surgical instruments and appliances: electro-diagnostic apparatus (including apparatus for functional exploratory examination or for checking physiological parameters), n.e.s. in item no. 9018.1",
      "buyer_imports_latest_usd": 94486855.4766629,
      "current_below_peak_pct": 37.827923773977105,
      "lane_volatility_cv": 1.4338116530519325,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "TWN",
      "hs_code": "160419",
      "hs_description": "Fish preparations: fish prepared or preserved, whole or in pieces (but not minced), n.e.c. in heading no. 1604",
      "buyer_imports_latest_usd": 27759866.52439925,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.979025732919854,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "ISL",
    "importer_iso3": "TWN",
    "distance_km": 9622,
    "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": 0,
    "rta_coverage_ratio": null,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 0,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 610872,
    "importer_gdp_per_capita_usd": 25888.765087444594,
    "importer_population": 23596.027,
    "importer_biz_entry_days": null,
    "importer_biz_entry_cost_pct": null,
    "exporter_gdp_million_usd": 25458.933915999998,
    "exporter_gdp_per_capita_usd": 68383.7653366282,
    "avg_applied_tariff_pct": null,
    "avg_mfn_tariff_pct": null,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null
  },
  "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-TWN/risk",
    "html": "https://www.yugalinks.com/trade/corridor/ISL-TWN/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/ISL-TWN/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/ISL-TWN/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/ISL-TWN/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"
  }
}