Resources
The major resources of Iceland
(natural)
fish processing
Iceland is surrounded by some of the richest and most prolific fishing grounds in the North Atlantic Ocean and fisheries have long been the mainstay of the Icelandic economy.The country now has an exclusive economic zone of 200 nautical miles.
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renewable energy
Iceland has extensive resources of hydroelectric power and geothermal energy. It is unique in that it produces nearly all its electricity from emission-free, sustainable natural resources.
Iceland is a world leader in the use of renewable energy. While many cities struggle with soaring energy costs and the burdens of pollution, due to a reliance on limited energy supplies like oil or coal, nearly 90% of homes in Iceland are heated with geothermal water. |
water
Icelandic water is pure, and plentiful. Visitors to the country have no need to purchase bottled water, as the tap water, which has not been treated with large amounts of chemicals like fluoride, is as fresh as anything available off the shelf.
Iceland has a growing industry of exporting bottled water to the premium bottled water market. With no additives or strong mineral flavour, Icelandic water is becoming increasingly popular around the world |
exports-partners:
Netherlands 32.4% Germany 15% UK 9% Norway 4.4% |
exports- commodities:
fish and fish products aluminum animal products ferrosilicon |
imports-partners:
Norway 15.9% us 10.8% Germany 7.8% Netherlands 7.3% china 6.2% Denmark 6.2% Brazil 5.8% UK 5.1% |
imports- commodities:
machinery and equipment petroleum products foodstuffs textiles |
economy rate compared to their neighboring countries
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