Iceland is an island and European country, located in the northwest of Scandinavia and northwest of the island of Greenland, north of the Atlantic Ocean. It was built on a volcanic island to the north of the Atlantic and consists of many small islands around it. Iceland is an island and by sea it is adjacent to Greenland. It's area is 102,829 km2. And the capital is Reykjavik.
Cities in Iceland
Iceland phone code: +354
Icelandic currency: Icelandic Krona
Reykjavik, Kopavogur, Hafnarfjörður, Akureyr Reykjavik
The basis of Icelandic economy is fishing because it is an island state.
A large part of Icelandic land is not suitable for agriculture. Its main products are animal feeding, potatoes and turnips.
Livestock breeding is carried out in the grasslands of the island, which are not covered by glaciers. More ovine livestock is done.
Fishing is the most important source of income in Iceland. The processing of fisheries products and production of fish products are the main industrial activity. There is a fish tin and fish flour factory. There are shipyards where small ships are built and large ships repaired, weaving, cement, shoe factories. In addition, there are aluminum foundries and ammonium sulphate plant in eastern Reykjavik. 30% of the population works in industry.
80% of the country's exports are fish products, canned fish, salted and frozen fish, fish meal, fish oil and manure. In addition, there are animal products. Imported goods are industrial and food products.
Iceland’s Exports Products
There are Fresh Fish in Raw Aluminum, Fish Fillet, Non-fillet Frozen Fish, Processed Fish and Non-fillet.
Iceland’s Import Products
Airplanes, Helicopters, Refined Petroleum, Aluminum Oxide, Automobile and Carbon based Electronics.
Iceland Exports to Countries
Netherlands, Great Britain, Germany, Spain and the United States.
Iceland Imports to Countries
United Kingdom, Germany, the United States, Norway and the Netherlands.
The people of Iceland consist of 5% and other nationalities.
Iceland’s Spoken Languages
Official language is Icelandic