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 increased to 72448 ISK Million in July from 68689.20 ISK Million in June 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.

Graph and download economic data for International Merchandise Trade Statistics: Exports: Commodities for Iceland (XTEXVA01ISM667S) from Jan 1957 to May 2025 about Iceland, trade, exports, and goods.

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.

Top Export Products of Iceland with Export value and Year on Year growth comparison

The value of exported goods and services from the Nordic countries were highest in Sweden between 2010 and 2021, but Norway overtook its neighbor in 2022. In 2022, Norway's exports totaled at ***** billion U.S. dollars. Sweden had the second highest export value, reaching *** billion U.S. dollars. Iceland had the lowest export values of the five Nordic countries.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Iceland (NAEXKP06ISA657S) from 1996 to 2024 about Iceland, exports, goods, services, real, and GDP.

This statistic shows the export value of medicaments, not packaged for retail sale (HS Code 3003), from Iceland from August 2022 to May 2024. According to data provided by ABRAMS world trade wiki, in December 2023, Iceland exported non-packaged medicaments valued at approximately six thousand U.S. dollars. This was the highest value in the provided period.

Iceland IS: Computer, Electronic and Optical Industry: Total Exports data was reported at 68.693 USD mn in 2021. This records an increase from the previous number of 40.023 USD mn for 2020. Iceland IS: Computer, Electronic and Optical Industry: Total Exports data is updated yearly, averaging 17.724 USD mn from Dec 1988 (Median) to 2021, with 34 observations. The data reached an all-time high of 73.243 USD mn in 2017 and a record low of 0.393 USD mn in 1994. Iceland IS: Computer, Electronic and Optical Industry: Total Exports 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.MSTI: Trade Statistics: OECD Member: Annual.

In Iceland, from 2015, the implementation of the 2015 Frascati Manual edition has affected the distribution of personnel data by occupation. From reference year 2013, the R&D data collection methodology has been changed resulting in breaks in series. The main differences concern the redesign of the questionnaire, use of business registers in the sample selection mechanism, the legal obligation for firms to respond, the definition of key R&D concepts in the questionnaire, and changes in the allocation of institutions into the business or government sectors. New sampling methods caused a break in series in 2010 (or in 2011 for sectors with no 2010 data).

From 2014 onward, GBARD data are provided by Statistics Iceland and are compiled according to the Frascati Manual guidelines. From 2006, GBARD data make better use of R&D information from the state budget and are based on a better coverage of relevant R&D funding in major recipients organizations. From 1993, new methods for collecting and processing budget data for GBARD result in a break in series.

In 2022, Denmark's exports of goods and services made up the largest share of its gross domestic product (GDP) of the Nordic countries. The value of Denmark's export consistently amounted to over ** percent of its GDP in 2022. Iceland had similar values to Denmark at the beginning of the decade, but by 2022, it had decreased below ** percent of the country's GDP. Sweden exported goods and services for a value of ** percent of its GDP in 2022.

Iceland IS: Exports: USD: All Services: Maintenance And Repair Services N.I.E. data was reported at 42.800 USD mn in 2021. This records a decrease from the previous number of 43.200 USD mn for 2020. Iceland IS: Exports: USD: All Services: Maintenance And Repair Services N.I.E. data is updated yearly, averaging 51.200 USD mn from Dec 2013 (Median) to 2021, with 9 observations. The data reached an all-time high of 63.400 USD mn in 2018 and a record low of 38.000 USD mn in 2013. Iceland IS: Exports: USD: All Services: Maintenance And Repair Services N.I.E. 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: USD: by Services: OECD Member: Annual. Maintenance and repair services n.i.e. includes maintenance and repair work by residents on goods that are owned by non-residents (and vice versa). The repairs may be performed at the site of the repairer or elsewhere. Maintenance and repairs on ships, aircraft and other transport equipment are included in this item. Cleaning of transport equipment is included in transport services. Construction repairs and maintenance are included under construction. Maintenance and repairs of computers are included under computer services. The value recorded for maintenance and repairs is the value of the repair work done, not the gross value of the goods before and after repairs. The value of maintenance and repairs encompasses any parts or materials supplied by the repairer and included in the price (parts and materials charged separately are excluded from services and included in general merchandise). Both minor repairs that maintain the item in working order and major repairs that extend the efficiency or capacity of the good or extend its life are included. No distinction is made between those repairs included by the customer in intermediate consumption and those included in capital formation.

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.

Denmark Exports: COP: Iceland data was reported at 559.502 DKK mn in Dec 2024. This records a decrease from the previous number of 605.200 DKK mn for Nov 2024. Denmark Exports: COP: Iceland data is updated monthly, averaging 482.178 DKK mn from Jan 2022 (Median) to Dec 2024, with 36 observations. The data reached an all-time high of 841.745 DKK mn in Oct 2024 and a record low of 376.178 DKK mn in Dec 2022. Denmark Exports: COP: Iceland data remains active status in CEIC and is reported by Statistics Denmark. The data is categorized under Global Database’s Denmark – Table DK.JA003: Exports: by Main Standard International Trade Classification 2-Digit: by Country.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

Graph and download economic data for International Merchandise Trade Statistics: Exports: Commodities for Iceland (XTEXVA01ISQ657S) from Q2 1957 to Q1 2025 about Iceland, exports, trade, and goods.

Iceland IS: Pharmaceutical Industry: Export Market Share data was reported at 0.002 % in 2020. This records an increase from the previous number of 0.000 % for 2019. Iceland IS: Pharmaceutical Industry: Export Market Share data is updated yearly, averaging 0.019 % from Dec 1996 (Median) to 2020, with 25 observations. The data reached an all-time high of 0.050 % in 2004 and a record low of 0.000 % in 2019. Iceland IS: Pharmaceutical Industry: Export Market Share 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.MSTI: Trade Statistics: OECD Member: Annual.

In Iceland, from 2015, the implementation of the 2015 Frascati Manual edition has affected the distribution of personnel data by occupation. From reference year 2013, the R&D data collection methodology has been changed resulting in breaks in series. The main differences concern the redesign of the questionnaire, use of business registers in the sample selection mechanism, the legal obligation for firms to respond, the definition of key R&D concepts in the questionnaire, and changes in the allocation of institutions into the business or government sectors. New sampling methods caused a break in series in 2010 (or in 2011 for sectors with no 2010 data).

From 2014 onward, GBARD data are provided by Statistics Iceland and are compiled according to the Frascati Manual guidelines. From 2006, GBARD data make better use of R&D information from the state budget and are based on a better coverage of relevant R&D funding in major recipients organizations. From 1993, new methods for collecting and processing budget data for GBARD result in a break in series.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

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 (NAEXKP06ISQ652S) from Q1 1995 to Q3 2023 about Iceland, exports, goods, services, real, and GDP.