Iceland's International Trade Data from 1948 to 2020

Historical trade data for Iceland covering the years 1948 to 2020. The dataset is part of the Absell-Federico-Tena World Trade Historical Database, a project developed by researchers from the University of Gothenburg, New York University Abu Dhabi, and Universidad Carlos III de Madrid. The record was last updated on May 5, 2024.

Use Cases

• Analyzing Iceland's long-term trade balance and economic integration based on the historical time series.
• Modeling the impact of trade policy or global events on Iceland's economy based on the 72-year coverage.
• Conducting comparative studies of small, developed economies using Iceland's specific trade data.
• Training time-series forecasting models for trade flows using the multi-decade historical data.

Strengths

• Covers a long historical period of 72 years, from 1948 to 2020.
• Created by a named academic collaboration involving multiple universities.
• Last update timestamp (2024-05-05) suggests active metadata maintenance.

Limitations

• Column-level documentation is absent; field semantics must be inferred after download.
• Row count is unknown, which may limit suitability assessment for large-scale modeling.
• Description metadata is limited; actual data quality requires manual inspection after download.

Provenance

Source

Absell-Federico-Tena World Trade Historical Database project.

Collection Method

Likely compiled from historical national and international trade statistics.

Time Range

1948-2020

Freshness

Last updated 2024-05-05 05:44:21; freshness should be verified

Geography

Iceland