Places

What are Iceland's main industries?

Link to this answer

CloseClose

Link to this answer

Share this credible answer with others. Simply paste this code into your blog or Web page:

<a href="http://qanda.encyclopedia.com/question/iceland-main-industries-89975.html" >What are Iceland's main industries?</a>
E-mail this answer Link to this answer

Aside from aluminum smelting and ferrosilicon production, Iceland has little heavy industry and relies on imports for many of the necessities and luxuries of life. More than half of Iceland's gross national product comes from the communications, trade, and service industries. Tourism is also important. The country has expanded its hydroelectric and geothermal energy resources to reduce dependence on oil imports, and roughly 90% of all homes are now heated by geothermal energy ...

Answer verified with
Get more facts and information about Iceland . Or, view the full encyclopedia entry from The Columbia Encyclopedia, Sixth Edition.

Similar questions: What industry dominates Iceland's Gross National Product? How does geothermal energy contribute to the economy of Iceland? Does Iceland have a trade imbalance? [ Hide these questions ]

Related research questions

Related research articles

Iceland Seafood Corp. May Leave Pennsylvania.(Originated from The Patriot-News,...
Newspaper article from: Knight Ridder/Tribune Business News ...Department, said the main objective of the Friday...but it is believed Iceland is seeking a new location...Mass., port where Iceland receives its seafood...Arthur Treacher's. Iceland provides its seafood...away- from home eating industry, such as restaurants...
Iceland: now FSA launches inquiry.
Newspaper article from: The Mail on Sunday (London, England) ...Department of Trade and Industry has launched an inquiry...just a month before Iceland issued a profits warning. Iceland's share price subsequently...Thornton interview Iceland executives and advisers...Grimsey. The FSA's main role is to regulate...
Iceland's emerging hydrogen society a blue print for future.
Magazine article from: Natural Gas Week ...Skulason said the hybrid's main drawback is its range...the mainstream market. Iceland currently gets 72% of...hydro. What fossil fuels Iceland does use are mostly limited...replacing fossil fuels in Iceland with hydrogen-based...and also help fuel new industries, Sigfusson said...
Iceland's geology key to fueling EV market
Magazine article from: Aftermarket Business ...amp; MARKET Analysis Iceland may turn out to be the...sustainable energy," says industry consultant Teitur Torkelsson...electricity will be the main driver of change in the...good technologies to Iceland and implement them here...among the Republic of Iceland's 300,000 inhabitants...
Explosive Iceland.(News)
Newspaper article from: The Journal (Newcastle, England) ...wonders worth a visit. Iceland's beloved Gullfoss...national park. Most of Iceland's beauty spots are...along Adalstraeti, the `main street'. Although much...is still the dominant industry and fish dominates the...arms agreement which put Iceland well and truly on the...
See all results at HighBeam

HighBeam gives you access to newspaper, magazine, and trade journal articles plus press releases, facts, information, and biographies from thousands of sources.