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.

Exports in Iceland decreased to 67071.10 ISK Million in August from 72453.50 ISK Million in July 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.

In 2023, the most important export partner of Iceland was the Netherlands, with a share of 27 percent in exports. The Untied Kingdom ranked second, accounting for nine percent of Iceland's export. The total value of goods exported from Iceland in 2023 amounted to 6.61 billion U.S. dollars.

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

CEIC converts monthly Total Exports into USD. Statistics Iceland provides Total Exports, FOB, in local currency. The Central Bank of Iceland average market exchange rate is used for currency conversions.


Further information about Iceland Total Exports

• 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 (XTEXVA01ISM657S) from Feb 1957 to Aug 2025 about Iceland, trade, exports, and goods.

Key information about Iceland Total Exports to USA

• Iceland Total Exports to USA recorded 75.931 USD mn in Jan 2025, compared with 84.126 USD mn in the previous Dec 2024
• Iceland Total Exports to USA data is updated monthly, available from Jan 1988 to Jan 2025, with an averaged value of 20.238 USD mn
• The data reached an all-time high of 125.516 USD mn in May 2008 and a record low of 2.414 USD mn in Jan 1992

CEIC converts monthly Total Exports to USA into USD. Statistics Iceland provides Total Exports to USA, FOB, in local currency. The Central Bank of Iceland average market exchange rate is used for currency conversions.

The statistic shows the value of goods exported from Iceland from 2014 to 2024. In 2024, goods with a value of around **** billion U.S. dollars were exported from Iceland.

Iceland IS: Export Value Index data was reported at 234.393 2000=100 in 2016. This records a decrease from the previous number of 249.449 2000=100 for 2015. Iceland IS: Export Value Index data is updated yearly, averaging 172.120 2000=100 from Dec 1995 (Median) to 2016, with 22 observations. The data reached an all-time high of 283.139 2000=100 in 2008 and a record low of 94.792 2000=100 in 1995. Iceland IS: Export Value Index 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: Trade Index. Export values are the current value of exports (f.o.b.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2000). UNCTAD's export value indexes are reported for most economies. For selected economies for which UNCTAD does not publish data, the export value indexes are derived from export volume indexes (line 72) and corresponding unit value indexes of exports (line 74) in the IMF's International Financial Statistics.; ; United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.; ;

Key information about Iceland Total Exports

• Iceland Total Exports dropped 0.9 % YoY in Feb 2025, compared with an increase of 18.4 % YoY in the previous month
• Iceland Total Exports Growth data is updated monthly, available from Jan 1989 to Feb 2025, with an averaged rate of 6.8 %
• The data reached an all-time high of 135.7 % in Sep 2008 and a record low of -38.9 % in Jan 2020

CEIC calculates Total Exports Growth from monthly Total Exports. Statistics Iceland provides Total Exports, FOB, in local currency.


Further information about Iceland Total Exports

• In the latest reports, Iceland Total Exports recorded 558.6 USD mn 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

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.

Key information about Iceland Exports: ICT Goods

• Iceland Exports: ICT Goods was reported at 14,107.199 USD th in Dec 2022
• This records a decrease from the previous number of 19,263.368 USD th for Dec 2021
• Iceland Exports: ICT Goods data is updated yearly, averaging 6,592.909 USD th from Dec 2000 to 2022, with 23 observations
• The data reached an all-time high of 19,263.368 USD th in 2021 and a record low of 1,503.279 USD th in 2002
• Iceland Exports: ICT Goods data remains active status in CEIC and is reported by United Nations Conference on Trade and Development
• The data is categorized under World Trend Plus’s Association: Electronic Sector – Table RF.UNCTAD.ICT: ICT Goods: Total: Export Value

Key information about Iceland Exports: Television

• Iceland Exports: Television was reported at 1,600.661 USD th in Dec 2023
• This records an increase from the previous number of 794.182 USD th for Dec 2022
• Iceland Exports: Television data is updated yearly, averaging 101.647 USD th from Dec 1996 to 2023, with 28 observations
• The data reached an all-time high of 1,600.661 USD th in 2023 and a record low of 0.310 USD th in 1997
• Iceland Exports: Television data remains active status in CEIC and is reported by United Nations Conference on Trade and Development
• The data is categorized under World Trend Plus’s Association: Electronic Sector – Table RF.UNCTAD.TR: Television Receivers: Export Value

Graph and download economic data for National Accounts: GDP by Expenditure: Current Prices: Exports of Goods and Services for Iceland (ISLEXPORTQDSMEI) from Q1 1995 to Q3 2023 about Iceland, exports, goods, and services.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Iceland (NAEXKP06ISA659S) from 1996 to 2024 about Iceland, exports, services, goods, real, and GDP.

Key information about Iceland Total Exports to China

• Iceland Total Exports to China recorded 15.355 USD mn in Jan 2025, compared with 10.828 USD mn in the previous month
• Iceland Total Exports to China data is updated monthly, available from Jan 1988 to Jan 2025, with an averaged value of 1.759 USD mn
• The data reached an all-time high of 84.906 USD mn in Sep 2008 and a record low of 0.000 USD mn in Jul 1996

CEIC converts monthly Total Exports to China into USD. Statistics Iceland provides Total Exports to China, FOB, in local currency. The Central Bank of Iceland average market exchange rate is used for currency conversions.

Graph and download economic data for National Accounts: GDP by Expenditure: Current Prices: Exports of Goods and Services for Iceland (ISLEXPORTADSMEI) from 1995 to 2022 about Iceland, exports, goods, and services.

Graph and download economic data for International Merchandise Trade Statistics: Exports: Commodities for Iceland (XTEXVA01ISQ664N) from Q1 1957 to Q2 2025 about Iceland, trade, exports, and goods.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Iceland (NAEXKP06ISA661S) from 1995 to 2022 about Iceland, exports, goods, services, real, and GDP.

Key information about Iceland Exports: Telecommunication Equipment

• Iceland Exports: Telecommunication Equipment was reported at 5,545.431 USD th in Dec 2023
• This records an increase from the previous number of 4,372.134 USD th for Dec 2022
• Iceland Exports: Telecommunication Equipment data is updated yearly, averaging 1,289.411 USD th from Dec 1995 to 2023, with 29 observations
• The data reached an all-time high of 5,545.431 USD th in 2023 and a record low of 3.981 USD th in 1995
• Iceland Exports: Telecommunication Equipment data remains active status in CEIC and is reported by United Nations Conference on Trade and Development
• The data is categorized under World Trend Plus’s Association: Electronic Sector – Table RF.UNCTAD.TE: Telecommunication Equipment: Export Value

Key information about Iceland Exports: Medicinal and Pharmaceutical Product

• Iceland Exports: Medicinal and Pharmaceutical Product was reported at 38,760.458 USD th in Dec 2023
• This records an increase from the previous number of 24,389.160 USD th for Dec 2022
• Iceland Exports: Medicinal and Pharmaceutical Product data is updated yearly, averaging 1,578.398 USD th from Dec 1995 to 2023, with 29 observations
• The data reached an all-time high of 38,760.458 USD th in 2023 and a record low of 9.123 USD th in 1999
• Iceland Exports: Medicinal and Pharmaceutical Product data remains active status in CEIC and is reported by United Nations Conference on Trade and Development
• The data is categorized under World Trend Plus’s Association: Pharmaceutical and Biotechnology Sector – Table RT.UNCTAD.MPP: Medicinal and Pharmaceutical Product: Exports Value by Individual Economies and Territories