Exports in Iceland decreased to 68665 ISK Million in June from 79805.40 ISK Million in May of 2025. This dataset provides the latest reported value for - Iceland Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Iceland's total Exports in 2024 were valued at US$6.95 Billion, according to the United Nations COMTRADE database on international trade. Iceland's main export partners were: the Netherlands, the United States and the United Kingdom. The top three export commodities were: Fish, crustaceans, molluscs, aquatics invertebrates; Aluminum and Optical, photo, technical, medical apparatus. Total Imports were valued at US$9.84 Billion. In 2024, Iceland had a trade deficit of US$2.89 Billion.

Key information about Iceland Total Exports

• Iceland Total Exports recorded 558.6 USD mn in Feb 2025, compared with 668.0 USD mn in the previous month
• Iceland Total Exports data is updated monthly, available from Jan 1988 to Feb 2025, with an averaged value of 285.6 USD mn
• The data reached an all-time high of 717.6 USD mn in Dec 2022 and a record low of 56.4 USD mn in Jan 1988

• In the latest reports, Iceland Total Exports dropped 0.9 % YoY in Feb 2025
• Total Imports recorded 970.8 USD mn in Feb 2025, which registered an increase of 36.8 % year on year
• Iceland Trade Balance recorded a deficit of 8.4 USD mn in Jan 2025

Graph and download economic data for International Merchandise Trade Statistics: Exports: Commodities for Iceland (XTEXVA01ISM659S) from Jan 1958 to May 2025 about Iceland, exports, trade, and goods.

Iceland: Exports of goods and services as percent of GDP: The latest value from 2024 is 41.59 percent, a decline from 43.44 percent in 2023. In comparison, the world average is 44.58 percent, based on data from 134 countries. Historically, the average for Iceland from 1970 to 2024 is 38.1 percent. The minimum value, 29.85 percent, was reached in 1992 while the maximum of 54.93 percent was recorded in 2012.

Iceland: Exports of goods and services, billion USD: The latest value from 2023 is 13.67 billion U.S. dollars, an increase from 13.15 billion U.S. dollars in 2022. In comparison, the world average is 194.00 billion U.S. dollars, based on data from 154 countries. Historically, the average for Iceland from 1970 to 2023 is 4.26 billion U.S. dollars. The minimum value, 0.23 billion U.S. dollars, was reached in 1970 while the maximum of 13.67 billion U.S. dollars was recorded in 2023.

Iceland Exports: Services: Mongolia data was reported at 14.900 ISK mn in 2023. Iceland Exports: Services: Mongolia data is updated yearly, averaging 14.900 ISK mn from Dec 2023 (Median) to 2023, with 1 observations. The data reached an all-time high of 14.900 ISK mn in 2023 and a record low of 14.900 ISK mn in 2023. Iceland Exports: Services: Mongolia data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Exports: by Country: OECD Member: Annual.

The statistic shows the value of goods exported from Iceland from 2013 to 2023. In 2023, goods with a value of around **** billion U.S. dollars were exported from Iceland.

Iceland Exports: SITC 4: Cork and Wood data was reported at 4.800 ISK mn in 2016. This records an increase from the previous number of 0.100 ISK mn for 2015. Iceland Exports: SITC 4: Cork and Wood data is updated yearly, averaging 6.500 ISK mn from Dec 1999 (Median) to 2016, with 18 observations. The data reached an all-time high of 37.600 ISK mn in 1999 and a record low of 0.100 ISK mn in 2015. Iceland Exports: SITC 4: Cork and Wood data remains active status in CEIC and is reported by Statistics Iceland . The data is categorized under Global Database’s Iceland – Table IS.JA004: Exports: by Standard International Trade Classification Revision 4: Annual.

Iceland Exports to United States was US$800.5 Million during 2024, according to the United Nations COMTRADE database on international trade. Iceland Exports to United States - data, historical chart and statistics - was last updated on July of 2025.

Iceland IS: Exports: % of Goods Exports: Ores & Metals data was reported at 41.708 % in 2017. This records an increase from the previous number of 36.367 % for 2016. Iceland IS: Exports: % of Goods Exports: Ores & Metals data is updated yearly, averaging 14.331 % from Dec 1962 (Median) to 2017, with 56 observations. The data reached an all-time high of 41.998 % in 2010 and a record low of 0.096 % in 1963. Iceland IS: Exports: % of Goods Exports: Ores & Metals data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Exports. Ores and metals comprise the commodities in SITC sections 27 (crude fertilizer, minerals nes); 28 (metalliferous ores, scrap); and 68 (non-ferrous metals).; ; World Bank staff estimates through the WITS platform from the Comtrade database maintained by the United Nations Statistics Division.; Weighted average; Merchandise export shares may not sum to 100 percent because of unclassified trade.

Graph and download economic data for International Merchandise Trade Statistics: Exports: Commodities for Iceland (XTEXVA01ISQ664N) from Q1 1957 to Q1 2025 about Iceland, exports, trade, and goods.

Iceland Exports: fob: SITC 4: Other Commodities data was reported at 394.300 ISK mn in May 2018. This records an increase from the previous number of 322.100 ISK mn for Apr 2018. Iceland Exports: fob: SITC 4: Other Commodities data is updated monthly, averaging 259.200 ISK mn from Jan 2008 (Median) to May 2018, with 125 observations. The data reached an all-time high of 1,825.300 ISK mn in Oct 2016 and a record low of 94.100 ISK mn in Jul 2014. Iceland Exports: fob: SITC 4: Other Commodities data remains active status in CEIC and is reported by Statistics Iceland . The data is categorized under Global Database’s Iceland – Table IS.JA003: Exports: by Standard International Trade Classification Revision 4.

Iceland IS: Exports: % of Goods Exports: Food data was reported at 42.769 % in 2017. This records a decrease from the previous number of 47.221 % for 2016. Iceland IS: Exports: % of Goods Exports: Food data is updated yearly, averaging 75.823 % from Dec 1962 (Median) to 2017, with 56 observations. The data reached an all-time high of 95.250 % in 1965 and a record low of 38.180 % in 2008. Iceland IS: Exports: % of Goods Exports: Food data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Exports. Food comprises the commodities in SITC sections 0 (food and live animals), 1 (beverages and tobacco), and 4 (animal and vegetable oils and fats) and SITC division 22 (oil seeds, oil nuts, and oil kernels).; ; World Bank staff estimates through the WITS platform from the Comtrade database maintained by the United Nations Statistics Division.; Weighted average; Merchandise export shares may not sum to 100 percent because of unclassified trade.

Exports of goods and services (% of GDP) in Iceland was reported at 41.59 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Iceland - Exports of goods and services (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Iceland Exports: fob: SITC 4: Telecommunications Equipment data was reported at 29.600 ISK mn in May 2018. This records a decrease from the previous number of 47.700 ISK mn for Apr 2018. Iceland Exports: fob: SITC 4: Telecommunications Equipment data is updated monthly, averaging 18.100 ISK mn from Jan 2008 (Median) to May 2018, with 125 observations. The data reached an all-time high of 107.100 ISK mn in Oct 2017 and a record low of 0.400 ISK mn in Dec 2011. Iceland Exports: fob: SITC 4: Telecommunications Equipment data remains active status in CEIC and is reported by Statistics Iceland . The data is categorized under Global Database’s Iceland – Table IS.JA003: Exports: by Standard International Trade Classification Revision 4.

Graph and download economic data for U.S. Exports of Goods by F.A.S. Basis to Iceland (EXP4000) from Jan 1985 to Apr 2025 about Iceland, exports, goods, and USA.

Graph and download economic data for International Merchandise Trade Statistics: Exports: Commodities for Iceland (XTEXVA01ISQ664S) from Q1 1957 to Q1 2025 about Iceland, exports, trade, and goods.

Iceland Exports: SITC 4: Fish, Crustaceans, Molluscs data was reported at 216,156.000 ISK mn in 2016. This records a decrease from the previous number of 230,658.700 ISK mn for 2015. Iceland Exports: SITC 4: Fish, Crustaceans, Molluscs data is updated yearly, averaging 133,289.600 ISK mn from Dec 1999 (Median) to 2016, with 18 observations. The data reached an all-time high of 237,579.400 ISK mn in 2012 and a record low of 85,003.000 ISK mn in 2000. Iceland Exports: SITC 4: Fish, Crustaceans, Molluscs data remains active status in CEIC and is reported by Statistics Iceland . The data is categorized under Global Database’s Iceland – Table IS.JA004: Exports: by Standard International Trade Classification Revision 4: Annual.

Iceland Exports: fob: SITC 4: Plastics: Manufactures data was reported at 4.000 ISK mn in May 2018. This records an increase from the previous number of 2.700 ISK mn for Apr 2018. Iceland Exports: fob: SITC 4: Plastics: Manufactures data is updated monthly, averaging 13.600 ISK mn from Jan 2008 (Median) to May 2018, with 125 observations. The data reached an all-time high of 61.000 ISK mn in Oct 2015 and a record low of 0.500 ISK mn in Feb 2008. Iceland Exports: fob: SITC 4: Plastics: Manufactures data remains active status in CEIC and is reported by Statistics Iceland . The data is categorized under Global Database’s Iceland – Table IS.JA003: Exports: by Standard International Trade Classification Revision 4.