Iceland Import Export Profile Summary
Iceland Total Trade Volume
US$18.1B in 2025
Iceland Growth Trend YoY
Iceland Trade Balance
Iceland Global Trade Role
Resource-driven exporter
Iceland Import Export Insights by HS Code
Key Iceland Import 2-Digit HS Code: 84
In 2025, Iceland imported products under HS code 84 for approximately US$2B based on Iceland import data.
Explore Iceland import data by HS codeKey Iceland Export 2-Digit HS Code: 03
In 2025, Iceland exported products under HS code 03 for approximately US$2.8B based on Iceland export data.
Explore Iceland export data by HS code
Iceland Import Export Partners by Country
Who are Iceland top 3 import trade partners?
Who are Iceland top 3 export trade partners?
Top 1 Export Trade Partner 2025: Netherlands (US$2.5B)
Top 2 Export Trade Partner 2025: United Kingdom (US$711.2M)
Top 3 Export Trade Partner 2025: United States (US$700.1M)

Iceland Import Export Insights by Product Sector
Key Iceland Import Product Sector: Machines
In 2025, Iceland imported products in the Machines sector for approximately US$3.3B based on Iceland import data.
Explore Iceland import data by productKey Iceland Export Product Sector: Animal Products
In 2025, Iceland exported products in the Animal Products sector for approximately US$2.9B based on Iceland export data.
Explore Iceland export data by productIceland Import Data Insights by Top 2-digit HS Code
81 /95
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Iceland Top Imports by 2-digit HS Code (2026 August)
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Iceland Top Trade Import Partner Statistics (2026 August)
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Iceland Import Export Trade Data Coverage
What does Iceland import data include?
- Importer companies and contact details
- HS code classifications with detailed product descriptions
- Declared CIF values and shipment quantities
- Port of discharge and transport mode details
What does Iceland export data include?
- Exporter companies and contact details
- Product descriptions with HS tariff codes
- FOB values, weight, and quantity per shipment
- Port of loading and transport mode details
What tariff system and trade agreements apply to Iceland?
- 8-digit national nomenclature based on the WCO Harmonized System
- Member of EFTA and the European Economic Area (EEA)
- EFTA FTAs with Korea, Singapore, Hong Kong, Canada, Mexico, and others; bilateral FTA with China
- Customs declarations processed through the VEF / TollPost system