Iceland

Iceland Exports 2023

Complete list of Iceland's 155 export destinations and 100+ product categories. Sourced from CEPII BACI.

$7.30B
Total exports (2023)
#116
Global export rank
155
Destination countries
100+
Product categories tracked

Iceland exported $7.30 billion of merchandise goods in 2023, making it the world's #116 largest exporter. Goods flowed to 155 destinations, with the top ten markets absorbing 78.2% of total export value. The leading export was unwrought, (not alloyed), valued at $1.68 billion 23.0% of the country's export portfolio.

The two tables below list every destination country and the most-traded product categories at the HS6 (Harmonized System 6-digit) level. All values come from the CEPII BACI database, which reconciles UN Comtrade declarations to produce cleaner bilateral flows.

All export destinations

155 countries and territories. Click any country for the full bilateral page.

#Destination2023 export value% of total
1Netherlands$2.24B30.74%
2USA$685.73M9.40%
3United Kingdom$608.04M8.33%
4Germany$559.45M7.67%
5Norway$419.51M5.75%
6Spain$289.22M3.96%
7Poland$281.54M3.86%
8Denmark$229.09M3.14%
9China$200.57M2.75%
10France$188.53M2.58%
11Japan$179.00M2.45%
12Canada$115.10M1.58%
13Austria$88.82M1.22%
14Czechia$77.15M1.06%
15Portugal$76.23M1.04%
16Switzerland$72.62M1.00%
17Greenland$72.33M0.99%
18Nigeria$69.26M0.95%
19Ukraine$68.68M0.94%
20Belgium$67.08M0.92%
21Italy$48.94M0.67%
22Hungary$47.12M0.65%
23Sweden$45.87M0.63%
24Australia$38.21M0.52%
25Ireland$36.03M0.49%
26Belarus$34.61M0.47%
27Other Asia, nes$34.30M0.47%
28Slovakia$32.80M0.45%
29Türkiye$31.86M0.44%
30Finland$31.42M0.43%
31Lithuania$27.10M0.37%
32Bahamas$25.04M0.34%
33Latvia$20.01M0.27%
34Rep. of Korea$19.57M0.27%
35Senegal$15.41M0.21%
36Brazil$13.23M0.18%
37Thailand$12.58M0.17%
38Greece$11.97M0.16%
39India$10.81M0.15%
40Antigua and Barbuda$9.70M0.13%
41Gabon$9.05M0.12%
42Chile$8.91M0.12%
43Egypt$7.22M0.10%
44Indonesia$6.77M0.09%
45Rep. of Moldova$6.44M0.09%
46Kazakhstan$5.81M0.08%
47Morocco$5.77M0.08%
48Luxembourg$5.65M0.08%
49Estonia$5.53M0.08%
50China, Hong Kong SAR$5.28M0.07%
51Georgia$4.74M0.06%
52Côte d'Ivoire$4.66M0.06%
53Cyprus$4.38M0.06%
54Israel$4.22M0.06%
55South Africa$4.10M0.06%
56Singapore$4.01M0.06%
57Azerbaijan$3.76M0.05%
58Oman$3.58M0.05%
59Mexico$3.58M0.05%
60Marshall Isds$3.43M0.05%
61United Arab Emirates$3.33M0.05%
62New Zealand$2.90M0.04%
63Malta$2.85M0.04%
64Colombia$2.69M0.04%
65Panama$2.55M0.03%
66Viet Nam$2.17M0.03%
67Qatar$2.08M0.03%
68Bulgaria$1.92M0.03%
69Slovenia$1.83M0.03%
70Tunisia$1.82M0.03%
71Argentina$1.78M0.02%
72Ecuador$1.69M0.02%
73Romania$1.69M0.02%
74Armenia$1.40M0.02%
75Myanmar$1.36M0.02%
76Iraq$1.32M0.02%
77Saudi Arabia$1.31M0.02%
78Uruguay$996,1270.01%
79Croatia$902,0280.01%
80Costa Rica$889,1480.01%
81Malaysia$886,9860.01%
82Saint Vincent and the Grenadines$808,4650.01%
83El Salvador$738,4000.01%
84Kuwait$736,7540.01%
85Bahrain$725,6230.01%
86Barbados$691,5840.01%
87Peru$663,3630.01%
88Philippines$615,1590.01%
89Niger$614,1940.01%
90Angola$578,7150.01%
91Namibia$537,9860.01%
92Benin$515,7870.01%
93Cuba$499,5810.01%
94Mozambique$489,0000.01%
95Serbia$381,2790.01%
96Ghana$360,0240.00%
97Bangladesh$339,6120.00%
98Kyrgyzstan$325,2200.00%
99Pakistan$290,6000.00%
100Dominican Rep.$266,5490.00%
101Gibraltar$232,1590.00%
102Kenya$195,9730.00%
103Mauritius$195,1480.00%
104Bosnia Herzegovina$192,8410.00%
105China, Macao SAR$190,4750.00%
106Guatemala$183,8800.00%
107Zambia$183,0370.00%
108Lebanon$179,8220.00%
109Zimbabwe$141,7870.00%
110Bermuda$140,5110.00%
111Ethiopia$139,6390.00%
112Guyana$134,9240.00%
113Seychelles$128,8110.00%
114Cambodia$123,5200.00%
115Jordan$87,7920.00%
116Sri Lanka$74,2300.00%
117Montenegro$73,1010.00%
118Montserrat$65,2530.00%
119Libya$53,9030.00%
120North Macedonia$49,4090.00%
121Russian Federation$47,4040.00%
122Algeria$46,4740.00%
123Togo$46,4010.00%
124Botswana$46,2480.00%
125Dominica$42,5930.00%
126Nicaragua$34,5970.00%
127Eswatini$30,9330.00%
128Central African Rep.$29,4530.00%
129Bolivia (Plurinational State of)$27,9110.00%
130Brunei Darussalam$27,2660.00%
131French Polynesia$24,4570.00%
132Fiji$23,0470.00%
133Syria$22,5970.00%
134Saint Kitts and Nevis$22,4800.00%
135Honduras$22,3860.00%
136Uzbekistan$19,1570.00%
137Sao Tome and Principe$18,7550.00%
138Belize$15,9450.00%
139Venezuela$15,2600.00%
140Burkina Faso$13,8640.00%
141Liberia$11,7060.00%
142Jamaica$8,5920.00%
143Suriname$4,2460.00%
144Mauritania$4,1000.00%
145New Caledonia$3,7190.00%
146Uganda$3,5270.00%
147Andorra$3,4240.00%
148United Rep. of Tanzania$3,0230.00%
149Paraguay$2,6470.00%
150Maldives$2,5920.00%
151Gambia$1,7750.00%
152Albania$1,7400.00%
153Malawi$1,0920.00%
154Guam$2710.00%
155Cayman Isds$250.00%

Top export products (HS6)

100 product categories ranked by 2023 export value.

#HS6ProductValue% of total
1760110Aluminium: unwrought, (not alloyed)$1.68B23.03%
2760120Aluminium: unwrought, alloys$642.35M8.80%
3030471Fish fillets: frozen, cod (Gadus morhua, Gadus ogac, Gadus macrocephalus)$331.30M4.54%
4230120Flours, meals and pellets: of fish or of crustaceans, molluscs or other aquatic invertebrates$286.87M3.93%
5720221Ferro-alloys: ferro-silicon, containing by weight more than 55% of silicon$243.33M3.33%
6760511Aluminium: (not alloyed), wire, maximum cross-sectional dimension exceeds 7mm$236.06M3.24%
7030214Fish: fresh or chilled, Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99$228.42M3.13%
8150420Fats and oils and their fractions: of fish, (excluding liver-oils)$227.50M3.12%
9030444Fish fillets: fresh or chilled, of the families Bregmacerotidae, Euclichthyidae, Gadidae, Macrouridae, Melanonidae, Merlucciidae, Moridae, and Muraenolepididae$217.62M2.98%
10902139Artificial parts of the body: excluding artificial joints$194.41M2.66%
11271000Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils$147.26M2.02%
12902131Artificial parts of the body$147.05M2.02%
13030472Fish fillets: frozen, haddock (Melanogrammus aeglefinus)$93.36M1.28%
14030354Fish: frozen, mackerel (Scomber scombrus, Scomber australasicus, Scomber japonicus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99$85.95M1.18%
15030359Fish: frozen, n.e.c. in item no. 0303.5, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99$80.71M1.11%
16030562Fish: salted or in brine, not dried or smoked, other than edible fish offal, cod (Gadus morhua, Gadus ogac, Gadus macrocephalus)$76.10M1.04%
17760719Aluminium: foil, (not backed), of a thickness not exceeding 0.2mm, not rolled$75.37M1.03%
18030473Fish fillets: frozen, coalfish (Pollachius virens)$74.61M1.02%
19030391Fish: frozen, livers, roes and milt$70.94M0.97%
20030331Fish: frozen, halibut (Reinhardtius hippoglossoides, Hippoglossus hippoglossus, Hippoglossus stenolepis), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99$67.07M0.92%
21160521Crustacean preparations: shrimps and prawns, prepared or preserved, not in airtight containers$64.40M0.88%
22760429Aluminium: alloys, bars, rods and profiles, other than hollow$63.89M0.88%
23030572Fish: edible offal, fish heads, tails and maws$61.80M0.85%
24030489Fish fillets: frozen, of fish n.e.c. in heading 0304.8$60.53M0.83%
25030251Fish: fresh or chilled, cod (Gadus morhua, Gadus ogac, Gadus macrocephalus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99$59.93M0.82%
26030499Fish meat, excluding fillets, whether or not minced: frozen, n.e.c. in item no. 0304.9$59.50M0.82%
27030532Fish fillets: dried, salted or in brine, but not smoked, of the families Bregmacerotidae, Euclichthyidae, Gadidae, Macrouridae, Melanonidae, Merlucciidae, Moridae and Muraenolepididae$55.48M0.76%
28300215Blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale$52.17M0.71%
29030389Fish: frozen, n.e.c. in heading 0303, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99$44.00M0.60%
30280469Silicon: containing by weight less than 99.99% of silicon$43.63M0.60%
31030289Fish: fresh or chilled, n.e.c. in heading 0302, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99$39.25M0.54%
32970300Sculptures and statuary: original, in any material$38.51M0.53%
33854519Carbon electrodes: with or without metal, of a kind used for other than furnaces$38.26M0.52%
34890200Fishing vessels, factory ships and other vessels: for processing or preserving fishery products$38.13M0.52%
35854590Carbon: lamp carbons, battery carbons and other articles of graphite or other carbon, with or without metal, of a kind used for electrical purposes$33.28M0.46%
36030399Fish: frozen, fish fins (other than shark fins), heads, tails, maws and other edible fish offal$31.66M0.43%
37030449Fish fillets: fresh or chilled, other than fish of heading 0304.4$25.24M0.35%
38030351Fish: frozen, herrings (Clupea harengus, Clupea pallasii), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99$24.86M0.34%
39300490Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$23.00M0.32%
40160420Fish preparations: fish minced or in forms n.e.c. in heading no. 1604, prepared or preserved$22.71M0.31%
41030495Fish meat, excluding fillets, whether or not minced: frozen, of the families Bregmacerotidae, Euclichthyidae, Gadidae, Macrouridae, Melanonidae, Merlucciidae, Moridae and Muraenolepididae, other than Alaska Pollack (Theragra chalcogramma)$22.54M0.31%
42020840Meat and edible meat offal: of whales, dolphins and porpoises (mammals of the order Cetacea): of manatees and dugongs (mammals of the order Sirenia): of seals, sea lions and walruses (mammals of the suborder Pinnipedia), fresh, chilled or frozen$21.61M0.30%
43030252Fish: fresh or chilled, haddock (Melanogrammus aeglefinus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99$21.59M0.30%
44841210Engines: reaction engines, other than turbo-jets$20.15M0.28%
45843880Machinery: used in the industrial preparation or manufacture of food or drink, n.e.c. in heading no. 8438$19.60M0.27%
46220190Waters: other than mineral and aerated, (not containing added sugar or other sweetening matter nor flavoured), ice and snow$19.54M0.27%
47051191Animal products: of fish or crustaceans, molluscs or other aquatic invertebrates: dead animals of chapter 03, unfit for human consumption$19.41M0.27%
48842833Elevators and conveyors: continuous-action, for goods or materials, belt type, n.e.c. in item no. 8428.20 or 8428.31$18.96M0.26%
49220110Waters: mineral and aerated, including natural or artificial, (not containing added sugar or other sweetening matter nor flavoured)$18.27M0.25%
50121229Seaweeds and other algae: not fit for human consumption, fresh, chilled, frozen or dried, whether or not ground$18.08M0.25%
51901819Medical, surgical instruments and appliances: electro-diagnostic apparatus (including apparatus for functional exploratory examination or for checking physiological parameters), n.e.c. in item no. 9018.1$17.65M0.24%
52030222Fish: fresh or chilled, plaice (Pleuronectes platessa), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99$17.65M0.24%
53720449Ferrous waste and scrap: n.e.c. in heading no. 7204$16.51M0.23%
54160432Fish preparations: caviar substitutes, prepared from fish eggs$14.82M0.20%
55150410Oils of fish: fish-liver oils and their fractions, whether or not refined, but not chemically modified$14.58M0.20%
56030486Fish fillets: frozen, herrings (Clupea harengus, Clupea pallasii)$14.43M0.20%
57300214Blood, human or animal, antisera, other blood fractions and immunological products: immunological products, mixed, put up in measured doses or in forms or packings for retail sale$14.15M0.19%
58030199Fish: live, n.e.c. in heading 0301$13.98M0.19%
59030313Fish: frozen, Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99$13.51M0.19%
60890690Vessels: other, including lifeboats other than rowing boats, other than warships$13.49M0.18%
61030442Fish fillets: fresh or chilled, trout (Salmo trutta, Oncorhynchus mykiss, Oncorhynchus clarki, Oncorhynchus aguabonita, Oncorhynchus gilae, Oncorhynchus apache and Oncorhynchus chrysogaster)$13.20M0.18%
62151790Edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this chapter, other than edible fats or oils of heading no. 1516$12.51M0.17%
63293719Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: other than somatotropin, (its derivatives and structural anaologues) and insulin and its salts$12.39M0.17%
64760310Aluminium: powders of non-lamellar structure$11.85M0.16%
65251749Stones: of heading no. 2515 or 2516 (excluding marble), in granules, chippings and powder, whether or not heat-treated$11.57M0.16%
66330499Cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations)$10.75M0.15%
67902290Apparatus based on use of x-rays and similar: parts and accessories (x-ray generators, tubes, high tension generators, control panels and desks, screens, examination or treatment tables, chairs and like$10.54M0.14%
68030569Fish: salted or in brine, not dried or smoked, other than edible fish offal, n.e.c. in item no. 0305.6$10.20M0.14%
69210690Food preparations: n.e.c. in item no. 2106.10$10.19M0.14%
70030520Fish: livers, roes and milt of fish, dried, smoked, salted or in brine$9.76M0.13%
71030483Fish fillets: frozen, flat fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae)$9.75M0.13%
72160529Crustacean preparations: shrimps and prawns, prepared or preserved, in airtight containers$9.12M0.13%
73030452Fish meat, excluding fillets, whether or not minced: fresh or chilled, salmonidae$9.10M0.12%
74030211Fish: fresh or chilled, trout (Salmo trutta, Oncorhynchus mykiss, Oncorhynchus clarki, Oncorhynchus aguabonita, Oncorhynchus gilae, Oncorhynchus apache and Oncorhynchus chrysogaster), excluding fillets, fish meat of 0304, and edible fish offal of 0302.9$8.94M0.12%
75842320Weighing machines: scales for continuous weighing of goods on conveyors$8.71M0.12%
76760200Aluminium: waste and scrap$8.57M0.12%
77890120Tankers$8.45M0.12%
78040610Dairy produce: fresh cheese (including whey cheese), not fermented, and curd$8.39M0.11%
79010121Horses: live, pure-bred breeding animals$8.12M0.11%
80843850Machinery: industrial, for the preparation of meat or poultry$8.11M0.11%
81160419Fish preparations: fish prepared or preserved, whole or in pieces (but not minced), n.e.c. in heading no. 1604$8.10M0.11%
82030363Fish: frozen, cod (Gadus morhua, Gadus ogac, Gadus macrocephalus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99$7.88M0.11%
83251310Pumice stone, whether or not heat treated$7.79M0.11%
84220860Vodka$7.70M0.11%
85030229Fish: fresh or chilled, flat fish, n.e.c. in item no. 0302.2, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99$7.61M0.10%
86760519Aluminium: (not alloyed), wire, maximum cross-sectional dimension is 7mm or less$7.44M0.10%
87230910Dog or cat food: put up for retail sale, used in animal feeding$7.43M0.10%
88392310Plastics: boxes, cases, crates and similar articles for the conveyance or packing of goods$7.42M0.10%
89030219Fish: fresh or chilled, salmonidae, n.e.c. in item no. 0302.1, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99$7.23M0.10%
90030551Fish: dried, whether or not salted but not smoked, other than edible fish offal, cod (Gadus morhua, Gadus ogac, Gadus macrocephalus)$7.16M0.10%
91030441Fish fillets: fresh or chilled, salmon, Pacific (Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus), Atlantic (Salmo salar), Danube (Hucho hucho)$7.03M0.10%
92901580Surveying equipment: articles n.e.c. in heading no. 9015, including hydrographic, oceanographic, hydrological, meteorological or geophysical instruments and appliances (excluding compasses)$7.02M0.10%
93510910Yarn: of wool or of fine animal hair, containing 85% or more by weight of wool or fine animal hair, put up for retail sale$6.97M0.10%
94902580Hydrometers and similar floating instruments, barometers, hygrometers, psychrometers, thermometers, pyrometers: recording or not, any combination of these instruments (excluding thermometers and barometers not combined with other instruments)$6.89M0.09%
95901890Medical, surgical or dental instruments and appliances: n.e.c. in heading no. 9018$6.83M0.09%
96051199Animal products: n.e.c. in chapter 5$6.71M0.09%
97300390Medicaments: (not containing antibiotics, hormones, alkaloids or their derivatives), for therapeutic or prophylactic uses, (not packaged for retail sale)$6.62M0.09%
98843890Machinery: parts of those machines used in the industrial preparation or manufacture of food or drink$6.34M0.09%
99030482Fish fillets: frozen, trout (Salmo trutta, Oncorhynchus mykiss, Oncorhynchus clarki, Oncorhynchus aguabonita, Oncorhynchus gilae, Oncorhynchus apache and Oncorhynchus chrysogaster)$6.34M0.09%
100890190Vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods$6.11M0.08%