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Country Overview
Iceland, located in the North Atlantic Ocean, is a Nordic island country. It is known for its stunning natural beauty, including volcanoes, geysers, hot springs, and glaciers. With a population of about 360,000 people, Iceland has the lowest population density in Europe. The capital and largest city is Reykjavik. The official language spoken is Icelandic. Iceland's economy relies heavily on tourism and fishing. In recent years, tourism has surged due to its unique landscapes and attractions such as the Blue Lagoon and Northern Lights. Additionally, the country has developed a growing renewable energy industry utilizing its abundant geothermal and hydroelectric resources. Despite being an island nation with a relatively small population size, Iceland has made significant cultural contributions to the global stage. It boasts a rich literary tradition with several notable authors like Halldór Laxness winning international acclaim for their works. Icelandic music artists such as Björk have also achieved worldwide popularity. The country places great importance on education and healthcare systems. Iceland has high literacy rates and provides free education from kindergarten through university level for all citizens. Politically speaking, Iceland operates as a parliamentary representative democratic republic. The President of Iceland serves as head of state but holds limited power while executive authority rests mainly with the Prime Minister. Icelandic society promotes gender equality and LGBTQ+ rights are protected by law since 1996 making it one of the most progressive countries in this regard globally. In conclusion, Iceland offers incredible natural landscapes combined with Nordic charm making it an intriguing destination for travelers seeking adventure or relaxation amidst breathtaking scenery while appreciating its cultural heritage shaped by unique literary traditions and strong emphasis on values such as equality.
National Currency
Iceland, a Nordic island country located in the North Atlantic Ocean, has its own unique currency known as the Icelandic króna (ISK). The symbol used for the currency is "kr" or "ISK". The Icelandic króna is divided into subunits called aurar, though these are now rarely used. 1 króna is equal to 100 aurar. However, due to inflation and changes in consumer practices, many prices are rounded off to whole numbers. The Central Bank of Iceland, known as "Seðlabanki Íslands," is responsible for issuing and regulating the currency. It plays a vital role in maintaining economic stability and controlling inflation within Iceland. While Iceland remains an independent nation with its own currency system, it is important to note that some larger businesses catering to tourists may accept major foreign currencies such as US dollars or euros. However, it's always recommended to exchange your foreign currency for Icelandic króna when visiting the country. ATMs can be found throughout major cities and towns where you can withdraw Icelandic króna using your debit or credit card. Additionally, several local banks operate exchange services where you can convert different currencies into ISK. As with any country's currency system, it's advisable to stay informed about exchange rates and keep track of how much you're spending during your time in Iceland.
Exchange Rate
The legal tender in Iceland is the Icelandic Krona (ISK). Here are the approximate exchange rates of some of the world's major currencies against the krone: 1 US dollar is about 130-140 Icelandic Kronor (USD/ISK) 1 euro is equal to about 150-160 Icelandic Kronor (EUR/ISK) 1 pound is approximately 170-180 Icelandic Kronor (GBP/ISK) Please note that the above figures are for reference only and the actual exchange rate is subject to market fluctuations.
Important Holidays
Iceland, known as the land of fire and ice, is a country with rich cultural traditions and unique folklore. It celebrates various important holidays throughout the year. Here are some key Icelandic holidays: 1) Independence Day (June 17th): This national holiday commemorates Iceland's independence from Denmark in 1944. It is celebrated with parades, concerts, and community gatherings across the country. The festivities often include traditional Icelandic music performances, speeches by dignitaries, and fireworks. 2) Þorrablót: Þorrablót is an ancient midwinter festival celebrated in January/February to honor Thorri, the god of frost in Norse mythology. It involves feasting on traditional Icelandic foods such as cured meats (including fermented shark), pickled sheep heads (svið), blood pudding (blóðmör), and dried fish. 3) Reykjavik Pride: Considered one of the biggest LGBTQ+ pride festivals in Europe, Reykjavik Pride takes place annually in August. The festival aims to promote equality and human rights for all individuals regardless of their sexual orientation or gender identity. It features colorful parades, outdoor concerts, art exhibitions, and various events promoting inclusivity. 4) Christmas Eve & Christmas Day: Celebrated with great fervor in Iceland like many other countries around the world, Christmas Eve marks the start of festivities. Families gather for a festive meal followed by gift exchanges around midnight when it officially transitions into Christmas Day. Many Icelanders attend midnight mass at local churches. 5) New Year's Eve: Icelanders bid farewell to the old year by reveling in magnificent firework displays that light up Reykjavik's sky during this eventful night. Bonfires are also lit across towns to symbolize getting rid of old misfortunes while welcoming new beginnings. These festivals provide glimpses into Iceland's vibrant cultural heritage while showcasing its commitment to independence, diversity, and traditions. They are cherished by the Icelandic people and attract visitors from around the world who wish to experience the unique festivities and cultural richness of this remarkable country.
Foreign Trade Situation
Iceland, a Nordic island country located in the North Atlantic Ocean, has a small but vibrant economy driven primarily by fishing and renewable energy resources. Trade plays a crucial role in Iceland's economy. The country heavily relies on international trade to sustain its economic growth and development. Iceland primarily exports fish and fish products, accounting for a significant portion of its exports. Its pristine waters provide abundant marine resources like cod, herring, and mackerel, which are exported to various countries around the world. Apart from fish products, Iceland also exports aluminum due to its vast reserves of geothermal energy used for smelting operations. Aluminum constitutes another major export commodity for Iceland. In terms of imports, Iceland mainly relies on machinery and transport equipment such as automobiles and aircraft parts. Additionally, it imports petroleum products as it is largely dependent on fossil fuels for energy consumption despite efforts towards renewable energy sources. Iceland's main trading partners include European countries such as Germany, the United Kingdom, Belgium, Denmark (including Greenland), Norway and Spain. It also has significant trading relationships with the United States. The COVID-19 pandemic impacted global trade including Iceland's export-oriented economy. Lockdown measures worldwide resulted in reduced demand for Icelandic seafood products leading to decreased export volumes in 2020. However, with vaccine distribution progressing globally in 2021 there is optimism for recovery as markets reopen. In recent years, increased tourism has also contributed significantly to Iceland's revenue generation; however travel restrictions induced by the pandemic have severely impacted this sector too. Overall, while being a small nation with limited natural resources other than fisheries and renewable energy sources such as geothermal power - which prompts aluminium production - through trade partnerships with several nations both within Europe and beyond allow Icleandic goods accesssibilty within internatinal markets fostering economic growth.
Market Development Potential
Iceland, a small island nation located in the North Atlantic, has a promising potential for developing its foreign trade market. Despite its small population and size, Iceland's strategic location makes it well-positioned to engage in international trade. One of Iceland's major strengths lies in its abundant renewable energy resources. The country is known for its geothermal and hydroelectric power plants, providing clean and sustainable energy sources. This environmentally friendly advantage can attract foreign investors looking to establish energy-intensive industries or seek access to low-cost renewable energy solutions. Furthermore, Iceland boasts a diverse range of natural resources such as fish, aluminum, and minerals. The fishing industry has been a significant contributor to the country's economy for centuries. With an Exclusive Economic Zone (EEZ) that is one of the largest in Europe, Iceland possesses vast marine resources that can be harnessed to expand exports of seafood products worldwide. In recent years, Iceland has also witnessed growth in its tourism sector. The country's stunning landscapes including glaciers, waterfalls, and geysers have attracted tourists from around the globe. As a result, there has been an increase in demand for Icelandic products such as local crafts and souvenir items. By leveraging this growing tourism industry and promoting unique Icelandic products abroad, the nation can tap into new markets and generate additional export revenue. Moreover, being part of the European Economic Area (EEA) provides Iceland with access to a large consumer market within the European Union (EU). This membership allows for preferential trading arrangements with EU member states while offering opportunities for joint ventures or partnerships with European companies. However, it is essential for Iceland to diversify its export portfolio beyond traditional sectors like fishing and aluminum production. By investing in research and development efforts aimed at innovation-driven industries such as technology or sustainable agriculture practices tailored to cold climates like theirs', Iceland can create niche markets where it could excel internationally. In conclusion,"Iceland has tremendous untapped potential in its foreign trade market development. Its vast renewable energy resources, abundant natural resources, thriving tourism sector, and membership in the European Economic Area position it well for further economic growth. By diversifying its export portfolio and investing in innovation-driven industries, Iceland can expand its international market presence."
Hot selling products in the market
When it comes to choosing products for marketable exports, Iceland has a few distinct advantages. Given its unique geographical location and thriving tourism industry, certain product categories are more likely to be in high demand in the international market. Firstly, Iceland is known for its stunning natural landscapes and geothermal resources. This makes products related to eco-tourism and outdoor activities particularly popular. Outdoor gear such as hiking boots, camping equipment, and thermal clothing could be hot-selling items. Secondly, Iceland has also gained global recognition for its high-quality seafood industry. With an abundance of fish species surrounding the island nation, exporting seafood products like fresh or frozen fish fillets or smoked salmon can be highly lucrative. Furthermore, Icelandic wool is renowned for its exceptional quality and warmth. Knitted sweaters made from Icelandic sheep's wool are not only trendy but also provide insulation during cold winters. These unique garments can draw attention from fashion-conscious consumers worldwide. In recent years, there has been a growing interest in natural beauty and skincare products made from organic or sustainably sourced ingredients. This offers an opportunity for Iceland to export specialized skincare lines derived from indigenous plants such as Arctic berries or mosses known for their antioxidant properties. Lastly, traditional Icelandic handicrafts like woodcarvings or ceramics showcase the country's rich cultural heritage. These handmade crafts can appeal to tourists looking for authentic souvenirs or individuals passionate about supporting local artisans. In conclusion, when considering product selection for successful exports in the Icelandic market, it would be wise to focus on outdoor gear related to eco-tourism activities such as hiking equipment and thermal clothing; premium seafood like fresh or frozen fish fillets; knitted sweaters made from Icelandic wool; skincare lines derived from indigenous plants; and traditional handicrafts that reflect Iceland's unique culture.
Customer characteristics and taboo
Iceland, a Nordic island nation located in the North Atlantic Ocean, has unique customer characteristics and taboos that should be taken into consideration when interacting with locals. One of the key customer characteristics in Iceland is their strong sense of individualism. Icelandic customers are known to value their independence and privacy. They appreciate personal space and prefer not to be overly crowded or disturbed by others when going about their daily activities. Icelandic customers also have a high standard for quality products and services. They expect goods to be of excellent quality and services to be efficient and professional. It is important for businesses to prioritize delivering top-notch products or services that meet these expectations. Additionally, Icelandic customers tend to value honesty and transparency in business transactions. They appreciate open communication without hidden agendas or attempts at manipulation. In terms of taboos, it is important not to discuss sensitive topics related to Iceland's economy such as its banking crisis or financial struggles during conversations with Icelandic customers. Additionally, discussing politics can also be considered inappropriate unless initiated by the customer themselves. Furthermore, visitors should respect the natural environment in Iceland as it holds great significance for locals. Littering or disrespecting nature is strongly discouraged as Icelanders have a deep respect for their pristine landscape. It is also worth noting that tipping is not expected or common in Iceland. Unlike some other countries where tipping might be customary, service charges are usually included within the bill at restaurants or hotels. By understanding these customer characteristics and abiding by the taboos mentioned above, businesses can effectively engage with Icelandic customers while respecting their cultural values and preferences
Customs management system
Iceland, a Nordic island country located in the North Atlantic Ocean, has a well-organized and efficient customs management system. The country's customs regulations aim to maintain security, control the movement of goods, and enforce international trade laws. Upon arrival at Icelandic airports or ports, travelers are required to go through customs procedures. Non-European Union (EU)/European Economic Area (EEA) citizens must fill out a customs declaration form to declare any goods they bring with them. This includes items such as alcohol, cigarettes, firearms, and large sums of currency. In terms of import restrictions, Iceland has strict rules on food products due to its remote geographical location and ecological concerns. It is forbidden to bring fresh fruit, vegetables or uncooked meat into the country without proper permits. When it comes to duty-free allowances for personal items brought into Iceland by travelers from outside the EU/EEA region, there are certain limits enforced by Icelandic Customs. These allowances typically include a certain quantity of alcohol and tobacco products that can be brought in without paying duties. Icelandic customs officials may conduct luggage inspections at random or based on suspicion. Travelers should cooperate if their luggage is chosen for inspection by providing honest answers and presenting relevant invoices or receipts when asked. Visitors leaving Iceland should note that there are also export restrictions on some cultural artifacts as well as protected plants and animals under CITES regulations. These items require special permits for exportation. In conclusion, Iceland maintains strict customs regulations pertaining to imports and exports in order to protect its environment and maintain fair trade practices. International travelers should familiarize themselves with these rules prior to visiting the country while understanding that compliance with these regulations is essential for hassle-free entry and departure from Iceland.
Import tax policies
Iceland, a small island nation located in the North Atlantic Ocean, has its own unique import tax policies. The country applies import taxes on various goods and products coming into the country to protect domestic industries and generate revenue for the government. Iceland's import tax policy is based on a tariff system that classifies imported goods into different categories. The tariffs are set by the Icelandic government to regulate imports and encourage local production. The objective is to strike a balance between supporting domestic industries while meeting consumer demand for imported goods. The tax rates vary depending on the type of goods being imported. Essential items such as food, medicine, and sanitary products generally have lower or no import taxes applied to them. On the other hand, luxury items or those that compete with domestically produced products may face higher tariffs. In addition to specific tariffs on individual products, Iceland also imposes value-added tax (VAT) on most imported goods. VAT is currently set at 24%, which is added to the total value of an item including any customs duties or other charges. It's worth noting that some exemptions and special considerations exist in Iceland's import tax policy. For example, certain imports from countries within the European Economic Area (EEA) are exempt from customs duties due to free trade agreements with these countries. Additionally, certain businesses may be eligible for reduced or waived fees under specific circumstances outlined by Icelandic law. To navigate through Iceland's complex import tax structure efficiently, it is crucial for individuals and businesses involved in international trade to consult with experts such as customs brokers or legal professionals who can provide accurate information regarding specific product categories and associated taxes. In summary, Iceland applies import taxes mainly through its tariff system based on different product categories. The ultimate aim is to support domestic industries while still allowing for imports required by consumers. Value-added tax (VAT) also needs to be considered when calculating total costs of importing goods into Iceland.
Export tax policies
Iceland, a Nordic island country located in the North Atlantic Ocean, has an interesting taxation policy related to its export goods. The Icelandic government has implemented a value-added tax (VAT) system that applies to its products and services. For export goods, Iceland follows a zero-rated VAT policy. This means that when businesses sell their products or services outside the country's borders, they do not have to pay any VAT on these transactions. Exported goods are exempted from any direct taxation at the point of sale. The zero-rated VAT policy aims to promote trade and encourage businesses in Iceland to engage in international markets. It helps make Icelandic products more competitive globally by allowing them to be sold at lower prices compared to countries where taxes are applied on exports. However, it is important to note that while exported goods may not be subject to immediate VAT payment, they may still encounter taxes and duties imposed by the importing country upon arrival. These taxes are often referred to as import duties or customs duties and are set by each individual country based on their own regulations. To conclude, Iceland adopts a zero-rated VAT policy for its export goods. This ensures that businesses exporting their products from Iceland do not have to pay any VAT within the country itself but may still face import duties imposed by the importing nation.
Certifications required for export
Iceland, known for its stunning landscapes and natural wonders, is also recognized for its export industry. As a country with limited resources and a small population, Iceland focuses on high-quality products that bring value to the international market. Icelandic authorities have established stringent export certification processes to ensure that products leaving the country meet global standards and regulations. These certifications guarantee the authenticity and quality of Icelandic exports, fostering trust among international buyers. One prominent export certification in Iceland is related to fisheries products. Given its rich fishing grounds and thriving seafood industry, Icelandic fishery has gained global recognition for its sustainable practices and high-quality products. The Icelandic Responsible Fisheries Management Certification is issued by independent third-party organizations after evaluating the fishing fleets' compliance with environmental sustainability standards. Another important export certification concerns geothermal energy technology. As one of the world's leaders in utilizing geothermal resources, Iceland provides innovative solutions in this field. The Geothermal Technology Export Certification ensures that equipment or services related to geothermal energy meet safety requirements, performance standards, and environmental regulations. Moreover, Iceland's agriculture sector also plays a significant role in exports. The Organic Agricultural Products Certification guarantees that agricultural goods exported from Iceland adhere to strict organic farming practices without synthetic inputs or harmful chemicals. Furthermore, several other certifications play essential roles when exporting various goods from Iceland such as food processing certifications (for dairy products or meat), cosmetics safety certifications (for skincare or beauty products), electrical product safety certificates (for electronics manufactured there), etc. In conclusion, Icelandic exporters follow rigorous certification processes across industries such as fisheries products sustainability endorsement, geothermal energy technology evaluation, organic agricultural practices validation among others. These certifications not only safeguard the reputation of Icelandic exports but also contribute to its overall economic growth while maintaining respect for nature and sustainability principles.
Recommended logistics
Iceland, known for its stunning natural landscapes and unique cultural heritage, offers a variety of logistic services to support business operations and international trade. Here are some recommended logistic services in Iceland: 1. Air Freight: Iceland has excellent air connectivity, with the main international airport being Keflavik International Airport near Reykjavik. Several cargo airlines operate in Iceland, providing efficient air freight solutions to transport goods globally. The airport also offers various handling services to ensure smooth workflow and timely delivery. 2. Sea Freight: As an island nation, sea freight plays a crucial role in Iceland's logistics network. The country has several ports strategically located around its coastline that handle both domestic and international shipments. Ports like Reykjavík Port and Akureyri Port offer containerized cargo handling facilities along with reliable customs clearance services. 3. Road Transportation: Iceland has a well-developed road network connecting major cities and towns across the country. Road transportation is primarily used for domestic logistics purposes or transporting goods from companies' warehouses to ports or airports for exportation or importation purposes. 4. Warehousing Facilities: Various warehouses situated throughout the country provide storage solutions for inbound shipments before they are further distributed or exported abroad. These facilities offer modern infrastructure with temperature-controlled storage options for perishable goods like seafood products or pharmaceuticals. 5 Customs Clearance Assistance: To facilitate smooth imports and exports, customs clearance agencies in Iceland can assist businesses with paperwork regulations, documentation requirements, tariff classifications, and duty calculations ensuring compliance with legal obligations imposed by Icelandic customs authorities. 6 E-commerce Logistics Solutions: With the growth of e-commerce globally, Icelandic logistics companies have developed tailored solutions to cater to this sector's needs efficiently. These include last-mile delivery services integrating online order processing systems resulting in improved supply chain efficiency. 7 Cold Chain Management Services: Given its geographical location close to Arctic waters, Icelandic logistics providers specialize in cold chain management due to high-quality seafood and other perishable exports. They have state-of-the-art cooling and temperature-controlled facilities to ensure the freshness and quality of goods during transportation. 8 Third-Party Logistics (3PL) Providers: Businesses seeking comprehensive logistics solutions can avail themselves of services provided by 3PL providers in Iceland. These companies offer end-to-end logistics services, including warehousing, transportation, inventory management, order fulfillment, and distribution. Overall, Iceland boasts a well-developed logistics infrastructure offering diverse logistic services to facilitate smooth trade connections with the rest of the world. Whether it's air freight, sea freight, road transportation or specialized cold chain management services you require; Icelandic logistic providers can cater to your specific needs efficiently.
Channels for buyer development

Important trade shows

Iceland, a small island nation located in the North Atlantic Ocean, may seem like an unlikely destination for international buyers and trade shows. However, this unique country offers several important channels for international procurement and hosts various notable exhibitions. One of the significant avenues for sourcing products from Iceland is through its fishing industry. Iceland boasts one of the most abundant fishing grounds in the world, making it an attractive market for seafood procurement. The country exports a range of high-quality fish products such as cod, haddock, and arctic char to various countries globally. International buyers can establish direct relationships with Icelandic fishing companies or work with Icelandic fish processors who can connect them with reliable suppliers. Another prominent sector for international procurement in Iceland is renewable energy technology. As a nation heavily reliant on geothermal and hydropower sources, Iceland has developed advanced expertise in renewable energy solutions. The country's geothermal technologies have gained global recognition and represent excellent opportunities for international buyers looking to source clean energy equipment or explore collaborations with Icelandic firms involved in geothermal projects. Emerging industries like information technology (IT) and software development also offer potential avenues for international procurement in Iceland. With a highly educated workforce and a tech-savvy population, Iceland has seen growth in IT startups specializing in areas such as software development, gaming technologies, and data processing solutions. International buyers seeking innovative IT solutions can engage with these Icelandic companies to explore partnerships or source cutting-edge technologies. In terms of trade shows and exhibitions held in Iceland annually or periodically, there are several noteworthy events that attract international participants: 1. Reykjavik Internet Marketing Conference (RIMC): This conference focuses on digital marketing trends and strategies. It brings together professionals from around the world to share knowledge about online advertising techniques, social media marketing insights, search engine optimization practices, etc. 2. Arctic Circle Assembly: As an annual event held in Reykjavik since 2013, the Arctic Circle Assembly provides a platform for international dialogue on Arctic issues. It welcomes policymakers, representatives from indigenous communities, scientists, and business leaders to discuss topics like sustainable development, shipping routes, energy resources, and environmental conservation. 3. Icelandic Fisheries Exhibition: This exhibition showcases the latest advancements in the fishing industry, offering a platform for equipment suppliers, shipbuilders, fish processors, and other stakeholders involved in the sector to present their products and services. 4. UT Messan: Organized by the Icelandic Union of Purchasing Professionals (UT), this trade show focuses on procurement-related matters. The event brings together suppliers from various industries to showcase their products and services while providing networking opportunities for professionals looking to expand their procurement networks. Through these trade shows and exhibitions along with established channels such as fishing industry contacts or collaborations with renewable energy companies or IT startups in Iceland, international buyers can tap into this unique nation's offerings. Despite its small size, Iceland holds significant potential as a source of high-quality seafood products or as a partner in diverse industries ranging from renewable energy solutions to cutting-edge technology development.
In Iceland, the commonly used search engines are similar to those used worldwide. Here are some of the popular search engines in Iceland along with their website URLs: 1. Google (https://www.google.is): Google is the most widely used search engine globally, and it is also popular in Iceland. It offers comprehensive search results and various additional services like maps, translation, news, and more. 2. Bing (https://www.bing.com): Bing is another well-known search engine that is commonly used in Iceland as an alternative to Google. It provides general web searching along with features like images, videos, news highlights, and maps. 3. Yahoo (https://search.yahoo.com): Yahoo Search has its user base in Iceland as well, although it might be less popular compared to Google and Bing. Like other search engines, Yahoo offers diverse searching options such as exploring news headlines from around the world or searching for images. 4. DuckDuckGo (https://duckduckgo.com): DuckDuckGo prioritizes user privacy by not tracking personal information or profiling users for targeted advertisements. It has gained traction among those who are concerned about online privacy in Iceland and globally. 5. StartPage (https://www.startpage.com): StartPage is a privacy-focused search engine that acts as a proxy between users and other mainstream engines like Google while preserving anonymity. 6. Yandex (https://yandex.com): Yandex might not be specifically tailored for Icelandic searches but can still be utilized by Icelandic users looking for specific content within Eastern European countries or Russian-speaking regions. These are some of the commonly used search engines in Iceland that locals rely on for their daily online queries and explorations.

Major yellow pages

Iceland, a small island nation in the North Atlantic, has several main yellow pages directories that cater to various industries and services. Here are some of the prominent yellow page directories in Iceland along with their respective websites: 1. Yellow.is - Yellow.is is an online directory that covers a wide range of businesses and service providers in Iceland. It includes listings for accommodations, restaurants, transportation services, healthcare providers, shopping centers, and many more. The website for Yellow.is is https://en.ja.is/. 2. Njarðarinn - Njarðarinn is a comprehensive directory specific to the region of Reykjavik and its surroundings. It provides information on local businesses including restaurants, shops, hotels, banks as well as emergency numbers and services available in the area. The website for Njarðarinn is http://nordurlistinn.is/. 3. Torg - Torg specializes in listing classified ads from individuals and businesses offering products or services across Iceland. From real estate to job opportunities or cars for sale, Torg serves as a platform where people can find various goods both new and used throughout the country. The website for Torg is https://www.torg.is/. 4.Herbergi - Herbergi offers a collection of listings specifically focused on accommodations such as hotels, guesthouses, bed & breakfasts spread across different regions of Iceland including popular tourist destinations like Reykjavik or Akureyri.Their website can be found at https://herbergi.com/en. 5.Jafnréttisstofa – This yellow pages directory focuses on promoting equality within Icelandic society by providing resources related to gender equality issues.Their website provides information about organizations working towards gender equality along with articles addressing such topics.Check out their site at https://www.jafnrettisstofa.is/english. These directories provide valuable information about various aspects of Icelandic business landscape, services, and opportunities. Keep in mind that some of the websites may be available only in Icelandic language, but you can use translator tools to navigate through the pages.

Major commerce platforms

In Iceland, there are several prominent e-commerce platforms that offer a wide range of products and services. Here are some of the major e-commerce platforms in Iceland along with their website addresses: 1. Aha.is (https://aha.is/): Aha.is is one of the largest online shopping websites in Iceland. It offers various categories including electronics, household items, clothing, cosmetics, books, and more. 2. Olafssongs.com (https://www.olafssongs.com/): Olafssongs.com is a popular platform for purchasing music CDs and vinyl records in Iceland. It offers a vast collection of Icelandic and international music across different genres. 3. Heilsuhusid.is (https://www.heilsuhusid.is/): Heilsuhusid.is is an online store specializing in health-related products such as vitamins, supplements, natural remedies, fitness equipment, healthy foods, and more. 4. Tolvutaekni.is (https://tolvutaekni.is/): Tolvutaekni.is is an electronic store that provides a wide range of computer components, laptops, tablets as well as other related accessories in Iceland. 5. Hjolakraftur.dk (https://hjolakraftur.dk/): Hjolakraftur.dk specializes in selling bicycles from various leading brands along with related accessories to cater to cycling enthusiasts throughout Iceland. 6. Costco.com: Although not an Icelandic-based platform, Costco.com delivers its products to Iceland as well. They offer bulk purchase options for groceries, household goods at discounted prices. 7. Hagkaup (https://hagkaup.is/): Hagkaup operates both physical stores and has an online platform offering clothing items for men, women & children along with home appliances, electronics & other household essentials. These are just some examples of the major e-commerce platforms in Iceland. It is worth mentioning that there are also several smaller specialized online stores catering to specific product categories.

Major social media platforms

Iceland, a Nordic island country in the North Atlantic Ocean, has several popular social media platforms that are widely used by its citizens. Here are some of the most popular social media platforms in Iceland along with their website URLs: 1. Facebook (www.facebook.com): Facebook is one of the most widely used social networking sites in Iceland. It allows users to connect with friends and family, share photos and videos, join groups and events, and discover news and information. 2. Twitter (www.twitter.com): Twitter is another popular platform in Iceland for sharing short messages (tweets) with a network of followers. It is commonly used for instant news updates, opinions, discussions on various topics, as well as following public figures. 3. Instagram (www.instagram.com): Instagram is a photo-sharing platform that allows users to share their experiences through pictures or short videos accompanied by captions and hashtags. Many Icelanders use Instagram to showcase the stunning natural beauty of their country. 4. Snapchat (www.snapchat.com): Snapchat is a multimedia messaging app extensively used by Icelandic youth to send photos or short videos called "snaps" that disappear after being viewed within a specific time frame. 5. LinkedIn (www.linkedin.com): LinkedIn is primarily used for professional networking purposes in Iceland where individuals can connect with colleagues, interact with industry professionals, search for job opportunities or find potential employees. 6. Reddit (www.reddit.com/r/Iceland/): Reddit provides online communities where users can submit content like text posts or direct links covering various topics including news discussions related to Iceland on r/iceland subreddit. 7. Meetup: Powerful worldwide platform wherein you may find dedicated meetups according to varied interests/locations & regular local events too! 8.Through Almannaromur.is you could also get different type forums & group experience according to your interest & location Please note that these are just some of the popular social media platforms accessed by people in Iceland, and there may be other platforms specific to certain communities or interest groups that are also widely used.

Major industry associations

Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning landscapes and unique geological features. The country's economy relies heavily on various industries that contribute to its growth and development. Here are some of the main industry associations in Iceland: 1. Icelandic Travel Industry Association (SAF): This association represents companies and individuals engaged in the tourism industry in Iceland. Their website is www.saf.is. 2. Federation of Icelandic Industries (SI): SI promotes the interests of industrial companies operating in sectors such as manufacturing, construction, energy, and technology. More information can be found at www.si.is/en. 3. Federation of Trade and Services (FTA): FTA represents trading companies across different sectors including wholesale trade, retail trade, services, hotels, restaurants, transportation, communications, finance, insurance and more. You can visit their website at www.vf.is/enska/english. 4. Association of State Licensed Commercial Banks (LB-FLAG): LB-FLAG represents licensed commercial banks operating within Iceland's financial sector to safeguard their mutual interests and promote cooperation with relevant authorities. Their website is www.lb-flag.is/en/home/. 5.International Flight Training Center (ITFC): The ITFC provides professional pilot training programs for both local and international students aspiring to become pilots or advance their aviation careers.Its website can be accessed at www.itcflightschool.com 6.Icelandic Seafood Exporters: This association deals with seafood processing plants involved in exporting Icelandic seafood products worldwide.Get more information from their official site:www.icelandicseafoodexporters.net These are just a few examples of prominent industry associations within Iceland; there are many other organizations representing various sectors contributing to the country's economy overall.

Business and trade websites

Iceland, a Nordic island country located in the North Atlantic Ocean, has a vibrant economy with a strong focus on industries such as fishing, renewable energy, tourism and creative industries. Here are some business and trade websites related to Iceland: 1. Invest in Iceland - The official website of Promote Iceland provides information on various investment opportunities in the country. It offers insights into key sectors and comprehensive data about the Icelandic business environment. Website: https://www.invest.is/ 2. Icelandic Export - Run by Promote Iceland, this website serves as an information hub for Icelandic exporters. It provides access to market intelligence reports, trade statistics, industry news and events. Website: https://www.icelandicexport.is/ 3. Icelandic Chamber of Commerce - The chamber is an influential platform for businesses operating in Iceland. Its website offers resources for businesses looking to establish partnerships or connect with local firms. Website: https://en.chamber.is/ 4. Ministry of Industries and Innovation - This government department fosters economic growth through innovation and industrial development in Iceland. Their website provides access to economic policies, initiatives as well as details on sector-specific strategies. Website: https://www.stjornarradid.is/raduneyti/vidskipta-og-innanrikisraduneytid/ 5. Confederation of Icelandic Employers - Representing employers across various sectors in Iceland, this organization ensures their interests are safeguarded through advocacy efforts at national level decision-making bodies. Website: https://www.saekja.is/english 6.The Federation of Trade & Services (LÍSA) – LÍSA represents companies within trade services with over 230 member companies that come from various business fields such as retailing wholesale commercial real estate info systems recruitment travel agencies bats computers restaurants etc Website :http://lisa.is/default.asp?cat_id=995&main_id=178 These websites provide valuable resources for investors, exporters, and businesses seeking to understand the Icelandic market and explore trade opportunities.

Trade data query websites

Here are some trade data query websites for Iceland: 1. Icelandic Customs - The official website of the Icelandic Directorate of Customs provides access to various trade statistics and data. You can find information on exports, imports, tariffs, and more. Website: https://www.customs.is/ 2. Statistics Iceland - The national statistical institute of Iceland offers a comprehensive database with trade-related data. You can access import and export statistics by country, commodity, and more. Website: https://www.statice.is/ 3. Ministry for Foreign Affairs of Iceland - The ministry's website provides information on international trade relations involving Iceland. You can find reports on bilateral trade agreements, trading partners, investment opportunities, and export promotion. Website: https://www.government.is/ministries/ministry-for-foreign-affairs/ 4. Central Bank of Iceland - The central bank's website offers economic indicators relevant to foreign trade in Iceland. It includes information on foreign exchange rates, balance of payments statistics related to imports and exports, inflation rates impacting international trade dynamics in the country. Website: https://www.cb.is/ 5. Eurostat - Eurostat is the statistical office of the European Union (EU). Although not specific to Iceland alone it provides comprehensive statistical data on European countries including information related to imports/exports for EU member states like Iceland. Website: https://ec.europa.eu/eurostat Please note that some websites may offer their content in both English and Icelandic languages; you can switch between them using language options available on each site. It is always recommended to explore these websites thoroughly to find specific details or additional sources that could provide you with accurate updated facts regarding Icelandic trade data queries.

B2b platforms

Iceland, a Nordic island country located in the North Atlantic Ocean, has several B2B platforms that facilitate business transactions and connections. Here are some of the prominent B2B platforms in Iceland: 1. Icelandic Startups (www.icelandicstartups.com): This platform connects startups, entrepreneurs, and investors in Iceland. It provides a space to showcase innovative ideas, seek funding opportunities, and connect with potential partners. 2. Promote Iceland (www.promoteiceland.is): Serves as an official platform for promoting Icelandic businesses internationally. It offers information on various industries such as tourism, seafood, renewable energy, creative industries, and more. 3. Eyrir Ventures (www.eyrir.is): A private equity firm based in Iceland that focuses on investments primarily within technology companies operating globally. The platform aims to support the growth of innovative startups by providing capital and strategic guidance. 4. Export Portal (www.exportportal.com): While not specific to Iceland only, this global B2B platform allows businesses from all over the world to connect and trade with each other on a single portal. It features various categories like electronics, food & beverages, textiles & clothing where Icelandic companies can showcase their products. 5.Samskip Logistics (www.samskip.com): A leading transport company based in Reykjavik offering integrated logistics services worldwide including road transport solutions tailored specifically to various industries such as fisheries or retail. 6.Business Iceland (www.businessiceland.is): Operated by Invest in Iceland Agency – offering information about investing opportunities across various sectors including renewable energy production/technology development or ICT infrastructure/telecommunications projects among others. These are just a few examples of B2B platforms available in Iceland that offer diverse services ranging from investment facilitation to logistics support for businesses operating within or looking to connect with Icelandic markets.
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