Iceland vs USA: 2023 Trade Comparison
Side-by-side stats from CEPII BACI. Bold values mark the larger figure.
| Iceland | Metric | USA |
|---|---|---|
| $7.30B | Total exports | $1.90T |
| $9.61B | Total imports | $2.98T |
| $-2.31B | Trade balance | $-1.08T |
| $16.90B | Total trade volume | $4.87T |
| #116 | Global export rank | #2 |
| #118 | Global import rank | #1 |
Direct trade between Iceland and USA
Iceland → USA
$685.73M
USA → Iceland
$604.99M
Iceland top exports
- unwrought, (not alloyed)$1.68B
- unwrought, alloys$642.35M
- frozen, cod (Gadus morhua, Gadus ogac, Gadus macrocephalus)$331.30M
- of fish or of crustaceans, molluscs or other aquatic invertebrates$286.87M
- ferro-silicon, containing by weight more than 55% of silicon$243.33M
USA top exports
- petroleum oils and oils obtained from bituminous minerals, crude$124.16B
- preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$115.84B
- liquefied, natural gas$39.59B
- consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$33.69B
- of an unladen weight exceeding 15,000kg$31.57B
Shared top trade partners
Both countries appear as major export destinations for 4 of the same partners:
ChinaGermanyUnited KingdomNetherlands

