Home > Community > Country Profiles-Iceland > Iceland-Selling and buying
Published: 29 Oct 2008 08:19:43 PST

Iceland flag

Iceland

Selling and buying

Reaching the consumers

Marketing opportunities

Consumers associations

Distributing a product

Organizations in the retail sector

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Market access procedures

International Conventions
Non tariff barriers
Iceland is a member of the European Free Trade Association (EFTA) with Norway, Liechtenstein and Switzerland. Goods, services and capitals traffic is free since January 1st, 1994 within EU countries, Iceland accepts all directives and regulations of the Single Market, except for fishing (it does not adhere to the "PAC"). Indeed, Iceland is very protectionist as regards to the import of farm products and licenses as well as state monopolies of imports (undergoing a dismantling). Some plant products such as potatoes and flowers are subject to seasonal limitations.
Customs classification
Iceland applies the Harmonised Customs System of codification and description of the goods. Customs duties are calculated ad valorem (and apply only to farm products of EU member countries). There is no exchange control on the settlement of imported goods. The customs policy is enforced by the Directorate of Customs.
Import procedures
Iceland applies the Harmonised Customs System of codification and description of the goods. Customs duties are calculated ad valorem (and apply only to farm products of EU member countries). There is no exchange control on the settlement of imported goods. The customs policy is enforced by the Directorate of Customs.
For further information

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Organizing goods transport

Ports
The airline company Air Atlanta
The airline company Icelandair
The airport Keflavik
Icelandic Maritime Administration
Airports
Sea transport organizations
Air transport organizations
Road transport organizations
Rail transport organizations

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Identifying a supplier

Business directories
Manufacturers associations of the main industries
Domestic Trade Agencies and their representations abroad
Iceland Chamber of Commerce
Enterprises federation

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Source: FITA

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