Iceland

Iceland Imports 2023

Complete list of Iceland's 174 import sources and 100+ product categories. Sourced from CEPII BACI.

$9.61B
Total imports (2023)
#118
Global import rank
174
Source countries
100+
Product categories tracked

Iceland imported $9.61 billion of merchandise goods in 2023, making it the world's #118 largest importer. Goods came from 174 source countries, with the top ten sources providing 64.8% of total import value. The leading import was preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals, valued at $1.14 billion 11.9% of total imports.

The two tables below list every source 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 import sources

174 countries and territories. Click for the full bilateral page.

#Source2023 import value% of total
1Norway$1.10B11.46%
2Germany$860.04M8.95%
3Netherlands$798.13M8.31%
4China$735.90M7.66%
5Denmark$696.20M7.25%
6USA$604.99M6.30%
7Sweden$441.31M4.59%
8United Kingdom$434.98M4.53%
9France$306.99M3.20%
10Australia$247.24M2.57%
11Kuwait$233.82M2.43%
12Brazil$223.09M2.32%
13Italy$212.44M2.21%
14Poland$208.63M2.17%
15Belgium$166.88M1.74%
16Japan$160.02M1.67%
17Spain$149.66M1.56%
18Lithuania$135.89M1.41%
19Jamaica$115.72M1.20%
20Austria$100.62M1.05%
21Finland$94.91M0.99%
22Switzerland$93.75M0.98%
23Türkiye$87.42M0.91%
24Czechia$86.29M0.90%
25Rep. of Korea$84.83M0.88%
26Estonia$74.68M0.78%
27Ireland$73.17M0.76%
28Latvia$68.66M0.71%
29Canada$63.19M0.66%
30Viet Nam$58.11M0.60%
31Angola$54.32M0.57%
32Morocco$54.09M0.56%
33Hungary$49.89M0.52%
34Slovakia$49.32M0.51%
35Colombia$48.28M0.50%
36Greenland$38.34M0.40%
37Romania$37.43M0.39%
38Indonesia$36.93M0.38%
39India$36.62M0.38%
40Portugal$35.46M0.37%
41Malaysia$34.22M0.36%
42Singapore$33.37M0.35%
43Thailand$31.59M0.33%
44Other Asia, nes$29.14M0.30%
45Slovenia$25.65M0.27%
46Saudi Arabia$22.47M0.23%
47Mexico$21.92M0.23%
48Bangladesh$21.65M0.23%
49Peru$17.03M0.18%
50South Africa$13.52M0.14%
51Ukraine$10.63M0.11%
52China, Hong Kong SAR$10.55M0.11%
53Tunisia$10.40M0.11%
54Bulgaria$9.58M0.10%
55Chile$9.21M0.10%
56Greece$9.10M0.09%
57Kazakhstan$8.54M0.09%
58Ecuador$8.37M0.09%
59Pakistan$7.59M0.08%
60Argentina$7.49M0.08%
61Israel$7.43M0.08%
62Serbia$7.28M0.08%
63Croatia$6.78M0.07%
64Cambodia$5.89M0.06%
65Sri Lanka$5.60M0.06%
66Philippines$5.19M0.05%
67New Zealand$4.79M0.05%
68Dominica$4.72M0.05%
69Luxembourg$4.58M0.05%
70Malta$4.41M0.05%
71Russian Federation$4.28M0.04%
72Egypt$4.06M0.04%
73Uzbekistan$4.05M0.04%
74Myanmar$3.61M0.04%
75Senegal$3.40M0.04%
76Côte d'Ivoire$2.51M0.03%
77Costa Rica$2.20M0.02%
78United Arab Emirates$2.13M0.02%
79Kenya$1.74M0.02%
80Cyprus$1.38M0.01%
81North Macedonia$1.31M0.01%
82Bahrain$1.26M0.01%
83Nicaragua$1.18M0.01%
84Andorra$1.18M0.01%
85Uruguay$1.02M0.01%
86Bosnia Herzegovina$987,7440.01%
87Lao People's Dem. Rep.$954,1500.01%
88Iran$790,6640.01%
89Belarus$762,1140.01%
90Honduras$642,6930.01%
91Ethiopia$624,7320.01%
92Falkland Isds (Malvinas)$596,1530.01%
93Jordan$589,7930.01%
94Mauritius$574,7880.01%
95Ghana$541,1910.01%
96Rep. of Moldova$476,5470.00%
97Seychelles$450,6870.00%
98Madagascar$404,9730.00%
99United Rep. of Tanzania$372,6350.00%
100Namibia$338,4860.00%
101San Marino$336,7920.00%
102Georgia$317,9220.00%
103French Polynesia$316,1490.00%
104Dominican Rep.$310,8980.00%
105Guatemala$309,8630.00%
106Albania$301,7830.00%
107El Salvador$244,8040.00%
108Burkina Faso$227,0480.00%
109Lebanon$214,0800.00%
110Nepal$192,8690.00%
111Uganda$178,3910.00%
112Panama$161,5130.00%
113Qatar$156,4390.00%
114Cuba$156,2230.00%
115Paraguay$123,7380.00%
116Rwanda$121,5300.00%
117Sudan$110,3490.00%
118Samoa$103,3260.00%
119Guyana$101,6250.00%
120Haiti$99,0890.00%
121Azerbaijan$93,5920.00%
122Mozambique$60,0050.00%
123Zimbabwe$58,3440.00%
124Afghanistan$58,1900.00%
125Maldives$55,6450.00%
126Syria$54,0010.00%
127China, Macao SAR$47,7690.00%
128Cameroon$43,3960.00%
129Bolivia (Plurinational State of)$42,9760.00%
130Bahamas$40,3830.00%
131Venezuela$38,1490.00%
132Oman$29,7360.00%
133Congo$29,6490.00%
134Benin$28,6900.00%
135Sierra Leone$28,4820.00%
136Trinidad and Tobago$25,6240.00%
137Nigeria$23,9590.00%
138Brunei Darussalam$22,7610.00%
139Tajikistan$21,6200.00%
140Mauritania$20,6430.00%
141Mali$19,7070.00%
142Mongolia$18,6110.00%
143Liberia$12,5420.00%
144Algeria$12,2070.00%
145Cabo Verde$11,7310.00%
146Gabon$11,7080.00%
147Botswana$10,8830.00%
148Barbados$8,5890.00%
149Montenegro$8,0760.00%
150Yemen$6,5750.00%
151Zambia$6,3390.00%
152Togo$5,9080.00%
153Iraq$5,1960.00%
154Armenia$4,5100.00%
155Br. Virgin Isds$4,1740.00%
156Belize$4,0940.00%
157Papua New Guinea$3,4210.00%
158Malawi$3,0680.00%
159Guinea$2,4480.00%
160Suriname$2,4180.00%
161Somalia$2,0840.00%
162Saint Kitts and Nevis$2,0680.00%
163Fiji$6410.00%
164State of Palestine$3730.00%
165Sao Tome and Principe$3600.00%
166Gambia$3570.00%
167Montserrat$3090.00%
168Guinea-Bissau$2440.00%
169Palau$2190.00%
170Grenada$1980.00%
171Saint Lucia$1930.00%
172Saint Helena$1000.00%
173Eswatini$520.00%
174Pitcairn$310.00%

Top import products (HS6)

100 product categories ranked by 2023 import value.

#HS6ProductValue% of total
1271000Petroleum 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$1.14B11.90%
2281820Aluminium oxide: other than artificial corundum$579.00M6.03%
3870380Vehicles: with only electric motor for propulsion$399.12M4.15%
4854511Carbon electrodes: with or without metal, of a kind used for furnaces$287.89M3.00%
5854519Carbon electrodes: with or without metal, of a kind used for other than furnaces$250.50M2.61%
6880240Aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg$232.18M2.42%
7300490Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$167.36M1.74%
8230990Dog or cat food: (not put up for retail sale), used in animal feeding$136.60M1.42%
9847149Automatic data processing machines: presented in the form of systems, n.e.c. in item no. 8471.30 or 8471.41$127.35M1.33%
10870360Vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, capable of being charged by plugging to external source of electric power$97.66M1.02%
11870340Vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power$68.37M0.71%
12730890Iron or steel: structures and parts thereof, n.e.c. in heading 7308$67.28M0.70%
13847150Units of automatic data processing machines: processing units other than those of item no. 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units$59.60M0.62%
14150420Fats and oils and their fractions: of fish, (excluding liver-oils)$55.72M0.58%
15851762Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus$55.20M0.57%
16851712Telephones for cellular networks or for other wireless networks$47.59M0.50%
17210690Food preparations: n.e.c. in item no. 2106.10$46.70M0.49%
18841112Turbo-jets: of a thrust exceeding 25kN$44.57M0.46%
19940690Buildings: prefabricated, not of wood$41.05M0.43%
20270111Coal: anthracite, whether or not pulverised, but not agglomerated$40.94M0.43%
21190590Food preparations: bakers' wares n.e.c. in heading no. 1605, whether or not containing cocoa: communion wafers, empty cachets suitable for pharmaceutical use, sealing wafers, rice papers and similar products$39.58M0.41%
22880330Aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803$39.22M0.41%
23030616Crustaceans: frozen, cold-water shrimps and prawns (Pandalus spp., Crangon crangon), in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water$38.03M0.40%
24842952Mechanical shovels, excavators and shovel loaders: with a 360 degree revolving super structure$36.94M0.38%
25870421Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1$36.52M0.38%
26890200Fishing vessels, factory ships and other vessels: for processing or preserving fishery products$36.46M0.38%
27847130Automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display$36.09M0.38%
28441810Wood: windows, French-windows and their frames$35.01M0.36%
29392690Plastics: other articles n.e.c. in chapter 39$34.51M0.36%
30890190Vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods$34.19M0.36%
31401110Rubber: new pneumatic tyres, of a kind used on motor cars (including station wagons and racing cars)$33.66M0.35%
32870332Vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc$33.33M0.35%
33300215Blood, 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$33.29M0.35%
34760719Aluminium: foil, (not backed), of a thickness not exceeding 0.2mm, not rolled$32.93M0.34%
35382200Reagents: diagnostic or laboratory reagents on a backing and prepared diagnostic or laboratory reagents whether or not on a backing, other than those of heading no. 3002 or 3006: certified reference material$32.02M0.33%
36940610Buildings: prefabricated, of wood$31.08M0.32%
37220210Waters: including mineral and aerated, containing added sugar or other sweetening matter or flavoured$29.88M0.31%
38280469Silicon: containing by weight less than 99.99% of silicon$29.32M0.31%
39252329Cement: portland, other than white, whether or not artificially coloured$28.77M0.30%
40940360Furniture: wooden, other than for office, kitchen or bedroom use$27.54M0.29%
41870323Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc$26.86M0.28%
42890120Tankers$26.20M0.27%
43732690Iron or steel: articles n.e.c. in heading 7326$25.95M0.27%
44850440Electrical static converters$25.44M0.26%
45848180Taps, cocks, valves and similar appliances: for pipes, boiler shells, tanks, vats or the like, including thermostatically controlled valves$25.27M0.26%
46870321Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity not over 1000cc$24.96M0.26%
47870422Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 5 tonnes but not exceeding 20 tonnes), n.e.c. in item no 8704.1$24.13M0.25%
48481910Paper and paperboard: cartons, boxes and cases, of corrugated paper or paperboard$24.01M0.25%
49051191Animal products: of fish or crustaceans, molluscs or other aquatic invertebrates: dead animals of chapter 03, unfit for human consumption$23.33M0.24%
50870423Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), n.e.c. in item no 8704.1$23.26M0.24%
51282612Fluorides: of aluminium$22.72M0.24%
52330499Cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations)$21.91M0.23%
53870120Tractors: road, for semi-trailers$21.67M0.23%
54890790Floating structures: tanks, coffer-dams, landing stages, buoys and beacons$21.56M0.22%
55847990Machines and mechanical appliances: parts, of those having individual functions$21.42M0.22%
56870210Vehicles: public transport type (carries 10 or more persons, including driver), with only compression-ignition internal combustion piston engine (diesel or semi-diesel), new or used$21.41M0.22%
57270119Coal: (other than anthracite and bituminous), whether or not pulverised but not agglomerated$21.23M0.22%
58220421Wine: still, in containers holding 2 litres or less$21.06M0.22%
59902580Hydrometers 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)$20.93M0.22%
60854449Insulated electric conductors: for a voltage not exceeding 1000 volts, not fitted with connectors$20.90M0.22%
61870333Vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 2500cc$20.43M0.21%
62440290Wood: charcoal of wood other than bamboo (including shell or nut charcoal), whether or not agglomerated$20.32M0.21%
63854460Insulated electric conductors: for a voltage exceeding 1000 volts$20.06M0.21%
64847180Units of automatic data processing machines: n.e.c. in item no. 8471.50, 8471.60 or 8471.70$19.74M0.21%
65940510Chandeliers and other electric ceiling or wall light fittings: excluding those used for lighting public open spaces or thoroughfares$19.48M0.20%
66870331Vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity not over 1500cc$19.44M0.20%
67721420Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling$18.94M0.20%
68950300Tricycles, scooters, pedal cars and similar wheeled toys: dolls' carriages: dolls: other toys: reduced-size (scale) models and similar recreational models, working or not: puzzles of all kinds$18.82M0.20%
69901890Medical, surgical or dental instruments and appliances: n.e.c. in heading no. 9018$18.55M0.19%
70870490Vehicles: for transport of goods, n.e.c. in heading no. 8704$18.37M0.19%
71090121Coffee: roasted, not decaffeinated$18.34M0.19%
72842951Front-end shovel loaders$18.27M0.19%
73940340Furniture: wooden, for kitchen use$18.21M0.19%
74870899Vehicle parts and accessories: n.e.c. in heading no. 8708$18.17M0.19%
75841191Turbines: parts of turbo-jets and turbo-propellers$18.02M0.19%
76250620Quartzite: whether or not roughly trimmed or merely cut, by sawing or otherwise, into blocks or slabs of a rectangular (including square) shape$18.01M0.19%
77440711Wood: coniferous species, of pine (Pinus spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm$17.79M0.19%
78310520Fertilizers, mineral or chemical: containing the three fertilizing elements nitrogen, phosphorus and potassium$17.43M0.18%
79847989Machines and mechanical appliances: having individual functions, n.e.c. or included in this chapter$17.11M0.18%
80841182Turbines: gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kW$17.05M0.18%
81843880Machinery: used in the industrial preparation or manufacture of food or drink, n.e.c. in heading no. 8438$16.79M0.17%
82441820Wood: doors and their frames and thresholds$16.75M0.17%
83853710Boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage not exceeding 1000 volts$16.54M0.17%
84030617Crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water$16.27M0.17%
85761290Aluminium: casks, drums, cans, boxes and the like for any material (not compressed or liquefied gas), 300l capacity or less, whether or not lined or heat-insulated, no mechanical or thermal equipment$15.85M0.16%
86210390Sauces and preparations therefor: mixed condiments and mixed seasonings$15.71M0.16%
87842720Fork-lift and other works trucks: fitted with lifting or handling equipment, self-propelled by other than electric motor$15.66M0.16%
88020230Meat: of bovine animals, boneless cuts, frozen$15.46M0.16%
89940390Furniture: parts$15.17M0.16%
90270112Coal: bituminous, whether or not pulverised, but not agglomerated$15.17M0.16%
91940320Furniture: metal, other than for office use$14.82M0.15%
92847330Machinery: parts and accessories (other than covers, carrying cases and the like) of the machines of heading no. 8471$14.77M0.15%
93940161Seats: with wooden frames, upholstered, (excluding medical, surgical, dental, veterinary or barber furniture)$14.77M0.15%
94852872Reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen$14.74M0.15%
95871610Trailers and semi-trailers: of the caravan type, for housing or camping$14.73M0.15%
96180690Chocolate and other food preparations containing cocoa: n.e.c. in chapter 18$14.72M0.15%
97853720Boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage exceeding 1000 volts$14.27M0.15%
98851430Furnaces and ovens: electric, for industrial or laboratory use, other than those functioning by induction, dielectric loss or resistance heated$14.22M0.15%
99380130Carbonaceous pastes: for electrodes and similar pastes for furnace linings$14.16M0.15%
100190410Food preparations: obtained by the swelling or roasting of cereals or cereal products$13.85M0.14%