In 2020, the value of road vehicle imports to Iceland fell to its lowest level since 2015, nearly halving from its high point in 2017. Although this coincided with the beginning of the COVID-19 pandemic, vehicle imports had already been decreasing in the previous two years, tracking Iceland's overall GDP development during this period. In 2021, import values began to rise again and rose even more strongly in the following year, growing to over one billion euros in 2023.
Value of road vehicle imports to Iceland from 2015 to 2023
(in million euros)
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Nordic Statistics database. (May 14, 2024). Value of road vehicle imports to Iceland from 2015 to 2023 (in million euros) [Graph]. In Statista. Retrieved October 02, 2024, from https://www.statista.com/statistics/1359853/road-vehicle-import-value-iceland/
Nordic Statistics database. "Value of road vehicle imports to Iceland from 2015 to 2023 (in million euros)." Chart. May 14, 2024. Statista. Accessed October 02, 2024. https://www.statista.com/statistics/1359853/road-vehicle-import-value-iceland/
Nordic Statistics database. (2024). Value of road vehicle imports to Iceland from 2015 to 2023 (in million euros). Statista. Statista Inc.. Accessed: October 02, 2024. https://www.statista.com/statistics/1359853/road-vehicle-import-value-iceland/
Nordic Statistics database. "Value of Road Vehicle Imports to Iceland from 2015 to 2023 (in Million Euros)." Statista, Statista Inc., 14 May 2024, https://www.statista.com/statistics/1359853/road-vehicle-import-value-iceland/
Nordic Statistics database, Value of road vehicle imports to Iceland from 2015 to 2023 (in million euros) Statista, https://www.statista.com/statistics/1359853/road-vehicle-import-value-iceland/ (last visited October 02, 2024)
Value of road vehicle imports to Iceland from 2015 to 2023 (in million euros) [Graph], Nordic Statistics database, May 14, 2024. [Online]. Available: https://www.statista.com/statistics/1359853/road-vehicle-import-value-iceland/