{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:18.430Z", "seo": { "title": "Iceland exports to World excl. Intra-EU: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Iceland to World excl. Intra-EU, 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": "WXD", "country_name": "World excl. Intra-EU" }, "latestYear": 2024, "risk": { "exporter_iso3": "ISL", "importer_iso3": "WXD", "all_history_lane_count": 66, "current_lane_count": 28, "current_product_count": 28, "first_observed_last_year": 1998, "latest_data_year": 2024, "current_trade_usd": 7468126.199999999, "attention_trade_usd": 1612590.621, "critical_trade_usd": 0, "high_volatility_trade_usd": 4909143.252, "unrecovered_drawdown_trade_usd": 1759940.582, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 4632795.502, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 1, "high_volatility_lane_count": 16, "unrecovered_drawdown_lane_count": 12, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 10, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 1.1354388955278274, "trade_weighted_below_peak_pct": 29.323109368785857, "product_concentration_hhi": 984.2670867394316, "top1_product_share_pct": 21.592974968741157, "top3_product_share_pct": 44.82721406073722, "top_product_hs6": "851712", "top_product_trade_usd": 1612590.621, "top_product_description": "Telephones for cellular networks or for other wireless networks", "top_attention_product_hs6": "851712", "top_attention_product_reason": "Trade has varied substantially across reported years", "distance_km": null, "shares_land_border": null, "shares_official_language": null, "common_spoken_language_score": null, "has_reported_fta": null, "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": null, "buyer_gdp_pc_latest": null, "buyer_population_latest": null, "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": 21.592974968741157, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_buyer_markets" ], "attention_level": "Watch", "primary_risk_reason": "Volatile products account for the largest observed corridor exposure", "buyer_gdp_mn_2024": null, "buyer_gdp_pc_2024": null, "buyer_population_2024": null }, "history": [ { "year": 1995, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 8722094, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 46070818, "yoy_growth_pct": 428.2082261438595, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 20953323, "yoy_growth_pct": -54.51931632731157, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 9785855.999999994, "yoy_growth_pct": -53.2968780178686, "cagr_3y_pct": 3.9104803951656164 }, { "year": 1999, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 17805646.000000007, "yoy_growth_pct": 81.95287157301333, "cagr_3y_pct": -27.158770037136616 }, { "year": 2000, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 27619612.894959662, "yoy_growth_pct": 55.11716280869366, "cagr_3y_pct": 9.644847167752225 }, { "year": 2001, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 27123973.999999996, "yoy_growth_pct": -1.7945178914875903, "cagr_3y_pct": 40.47040445287715 }, { "year": 2002, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 23891762.734756198, "yoy_growth_pct": -11.916436969169041, "cagr_3y_pct": 10.296945660709135 }, { "year": 2003, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 30087962.999999996, "yoy_growth_pct": 25.934462576216543, "cagr_3y_pct": 2.8943985642874592 }, { "year": 2004, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 28161652.077591524, "yoy_growth_pct": -6.402264328789798, "cagr_3y_pct": 1.2593036433018456 }, { "year": 2005, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 79238711.00000001, "yoy_growth_pct": 181.37096070102706, "cagr_3y_pct": 49.129331015296394 }, { "year": 2006, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 41256924.0328492, "yoy_growth_pct": -47.93337307966912, "cagr_3y_pct": 11.09674965494234 }, { "year": 2007, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 34957912.01057342, "yoy_growth_pct": -15.267769398563114, "cagr_3y_pct": 7.47211245873729 }, { "year": 2008, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 40291916.33249885, "yoy_growth_pct": 15.258360740515919, "cagr_3y_pct": -20.18334795332507 }, { "year": 2009, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 25886336.128172837, "yoy_growth_pct": -35.75302818919707, "cagr_3y_pct": -14.38998360450502 }, { "year": 2010, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 27240189.821372773, "yoy_growth_pct": 5.229993485738982, "cagr_3y_pct": -7.978731660802218 }, { "year": 2011, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 41531526.15736617, "yoy_growth_pct": 52.46415839870673, "cagr_3y_pct": 1.0151831638320452 }, { "year": 2012, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 55229727.48108137, "yoy_growth_pct": 32.982658214416794, "cagr_3y_pct": 28.73622543543839 }, { "year": 2013, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 51827337.52181591, "yoy_growth_pct": -6.160432278850059, "cagr_3y_pct": 23.912824469067928 }, { "year": 2014, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 45680945.709368035, "yoy_growth_pct": -11.859362464569301, "cagr_3y_pct": 3.225199755094499 }, { "year": 2015, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 32997078.518127866, "yoy_growth_pct": -27.7662097276568, "cagr_3y_pct": -15.776323213920406 }, { "year": 2016, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 52456590.96095357, "yoy_growth_pct": 58.97344042787025, "cagr_3y_pct": 0.40308445218244504 }, { "year": 2017, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 34829778.737999976, "yoy_growth_pct": -33.602664412703135, "cagr_3y_pct": -8.643691359150552 }, { "year": 2018, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 63740857.997999996, "yoy_growth_pct": 83.00678415868737, "cagr_3y_pct": 24.541513238268188 }, { "year": 2019, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 40102856.49799995, "yoy_growth_pct": -37.084536108286684, "cagr_3y_pct": -8.562344585865967 }, { "year": 2020, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 56648704.25500001, "yoy_growth_pct": 41.25852670326675, "cagr_3y_pct": 17.601561512453536 }, { "year": 2021, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 48803021.76699997, "yoy_growth_pct": -13.84971217114389, "cagr_3y_pct": -8.516465355064518 }, { "year": 2022, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 63988893.58730542, "yoy_growth_pct": 31.116663006662336, "cagr_3y_pct": 16.85386933649773 }, { "year": 2023, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 42628672.363071986, "yoy_growth_pct": -33.3811385488169, "cagr_3y_pct": -9.042759615454532 }, { "year": 2024, "exporter_iso3": "ISL", "importer_iso3": "WXD", "export_value_usd": 40103146.513928995, "yoy_growth_pct": -5.9244769051986275, "cagr_3y_pct": -6.335019896194217 } ], "riskLanes": [ { "exporter_iso3": "ISL", "importer_iso3": "WXD", "hs_code": "851712", "hs_description": "Telephones for cellular networks or for other wireless networks", "buyer_imports_latest_usd": 338594445.70595676, "current_below_peak_pct": 5.372289816925539, "lane_volatility_cv": 1.2427270371418897, "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": "WXD", "hs_code": "030244", "hs_description": "Fish: fresh or chilled, mackerel (Scomber scombrus, Scomber australasicus, Scomber japonicus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99", "buyer_imports_latest_usd": 58659943.12100001, "current_below_peak_pct": 86.46301629420228, "lane_volatility_cv": 1.2695394864116012, "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": "WXD", "hs_code": "560811", "hs_description": "Twine, cordage or rope: fishing nets, made up, of man made textile materials", "buyer_imports_latest_usd": 23580841.857873738, "current_below_peak_pct": 35.67577244024201, "lane_volatility_cv": 0.8008516992845572, "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": "WXD", "hs_code": "841869", "hs_description": "Refrigerating or freezing equipment: heat pumps, other than compression type units whose condensers are heat exchangers", "buyer_imports_latest_usd": 18471818.94792109, "current_below_peak_pct": 0, "lane_volatility_cv": 1.745480736876251, "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": "WXD", "hs_code": "210500", "hs_description": "Ice cream and other edible ice: whether or not containing cocoa", "buyer_imports_latest_usd": 14051884.873960694, "current_below_peak_pct": 0, "lane_volatility_cv": 0.4433306069699972, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "ISL", "importer_iso3": "WXD", "hs_code": "890190", "hs_description": "Vessels: n.e.s. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods", "buyer_imports_latest_usd": 96888930.93174614, "current_below_peak_pct": 0, "lane_volatility_cv": 1.0466384981297643, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market", "dominant_supplier", "limited_history" ] }, { "exporter_iso3": "ISL", "importer_iso3": "WXD", "hs_code": "870380", "hs_description": "Vehicles: with only electric motor for propulsion", "buyer_imports_latest_usd": 29976627.582817115, "current_below_peak_pct": 34.31862522985513, "lane_volatility_cv": 0.1687654495351702, "attention_level": "Watch", "primary_risk_reason": "The lane has limited historical coverage", "risk_driver_labels": [ "limited_history" ] }, { "exporter_iso3": "ISL", "importer_iso3": "WXD", "hs_code": "170490", "hs_description": "Sugar confectionery: (excluding chewing gum, including white chocolate), not containing cocoa", "buyer_imports_latest_usd": 28799215.11150468, "current_below_peak_pct": 0, "lane_volatility_cv": 1.5835539548229534, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "ISL", "importer_iso3": "WXD", "hs_code": "180690", "hs_description": "Chocolate and other food preparations containing cocoa: n.e.c. in chapter 18", "buyer_imports_latest_usd": 23338769.466254663, "current_below_peak_pct": 46.54995561008591, "lane_volatility_cv": 0.782367122290279, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "ISL", "importer_iso3": "WXD", "hs_code": "392690", "hs_description": "Plastics: other articles n.e.s. in chapter 39", "buyer_imports_latest_usd": 45175195.61912134, "current_below_peak_pct": 65.4140526731703, "lane_volatility_cv": 1.0955268680739383, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "ISL", "importer_iso3": "WXD", "distance_km": null, "shares_land_border": null, "shares_official_language": null, "shares_ethnic_language": null, "shared_religion": null, "shared_legal_system": null, "shared_colonial_history": null, "has_fta": null, "rta_coverage_ratio": null, "exporter_is_wto": null, "importer_is_wto": null, "exporter_is_eu": null, "importer_is_eu": null, "importer_gdp_million_usd": null, "importer_gdp_per_capita_usd": null, "importer_population": null, "importer_biz_entry_days": null, "importer_biz_entry_cost_pct": null, "exporter_gdp_million_usd": null, "exporter_gdp_per_capita_usd": null, "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-WXD/risk", "html": "https://www.yugalinks.com/trade/corridor/ISL-WXD/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/ISL-WXD/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/ISL-WXD/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/ISL-WXD/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" } }