Iceland Trade May Shift in Favor of Europe, Central Banker Says
Iceland’s economy grew by a fifth between 2021 and 2023, helped by booming tourism and as its fish and aluminum exports were boosted by higher foreign demand.
Photographer: Maja Hitij/Getty Images
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Iceland’s central bank Governor Asgeir Jonsson signaled that the island nation’s companies are likely to direct exports toward Europe as a response to a weakening of the US dollar amid worries over President Donald Trump’s trade war.