Imports—commodities: machinery and equipment, petroleum products,
foodstuffs, textiles

Imports—partners: EU 58% (Germany 12%, Norway 12%, UK 10%,
Denmark 9%, Sweden 7%), US 9% (1997)

Debt—external: $2.2 billion (1996 est.)

Economic aid—recipient: $NA

Currency: 1 Icelandic krona (IKr) = 100 aurar

Exchange rates: Icelandic kronur (IKr) per US$1—69.250 (January 1999), 70.958 (1998), 70.904 (1997), 66.500 (1996), 64.692 (1995), 69.944 (1994)

Fiscal year: calendar year

Communications

Telephones: 143,600 (1993 est.)

Telephone system: adequate domestic service domestic: the trunk network consists of coaxial and fiber-optic cables and microwave radio relay links international: satellite earth stations—2 Intelsat (Atlantic Ocean), 1 Inmarsat (Atlantic and Indian Ocean regions); note—Iceland shares the Inmarsat earth station with the other Nordic countries (Denmark, Finland, Norway, and Sweden)