Iceland | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

Exports structure from Iceland in 2023 represented by the following main commodity groups:

• 35% (2.42 billion US$): 76 - Aluminum and articles thereof
• 33% (2.3 billion US$): 03 - Fish and crustaceans, molluscs and other aquatic invertebrates
• 5.12% (349 million US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
• 4.34% (295 million US$): 23 - Residues and waste from the food industries; prepared animal feed
• 3.48% (237 million US$): 72 - Iron and steel
• 3.45% (234 million US$): 15 - Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes
• 2.44% (166 million US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
• 1.81% (123 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
• 1.57% (106 million US$): 16 - Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates
• 1.04% (70 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles

What did Iceland export in 2023?

Iceland's Top Exports in 2023:

• 30% ($2.08 billion): 7601 - Unwrought aluminium
• 16.3% ($1.11 billion): 0304 - Fish fillets and other fish meat (whether or not minced), fresh, chilled or frozen.
• 6.33% ($431 million): 0302 - Fish, fresh or chilled, excluding fish fillets and other fish meat of heading 0304
• 6.27% ($427 million): 0303 - Fish, frozen, excluding fish fillets and other fish meat of heading 03.04.
• 4.32% ($294 million): 0305 - Fish, dried, salted or in brine; smoked fish, whether or not cooked before, or during the smoking process
• 4.2% ($286 million): 2301 - Flours, meals and pellets, of meat or meat offal, of fish or of crustaceans, molluscs or other aquatic invertebrates, unfit for human consumption; greaves.
• 4.09% ($278 million): 9021 - Orthopaedic appliances, including crutches, surgical belts and trusses; splints and other fracture appliances; artificial parts of the body; hearing aids and other appliances which are worn or carried, or implanted in the body, to compensate for a defect or disability.
• 3.28% ($223 million): 1504 - Fats and oils and their fractions, of fish or marine mammals, whether or not refined, but not chemically modified
• 3.15% ($215 million): 7202 - Ferro-alloys.
• 2.86% ($195 million): 7605 - Aluminium wire

Imports structure to Iceland in 2023 represented by the following main commodity groups:

• 13.2% (1.25 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
• 11.8% (1.12 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
• 11.7% (1.11 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
• 10.7% (1.01 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
• 7.22% (683 million US$): 28 - Inorganic chemicals; organic or inorganic compounds of precious metals, of rare earth metals, of radioactive elements or of isotopes
• 2.93% (277 million US$): 94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.s.; illuminated signs, illuminated name-plates and the like; prefabricated buildings
• 2.65% (251 million US$): 39 - Plastics and articles thereof
• 2.63% (249 million US$): 73 - Articles of iron or steel
• 2.52% (238 million US$): 30 - Pharmaceutical products
• 2.52% (238 million US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof

What did Iceland import in 2023?

Iceland's Top Imports in 2023:

• 12.3% ($1.16 billion): 2710 - Petroleum 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
• 8.04% ($761 million): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
• 6.48% ($614 million): 2818 - Artificial corundum, whether or not chemically defined; aluminium oxide; aluminium hydroxide
• 5.82% ($551 million): 8545 - Carbon electrodes, carbon brushes, lamp carbons, battery carbons and other articles of graphite or other carbon, with or without metal, of a kind used for electrical purposes
• 3.09% ($293 million): 8471 - Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included
• 2.27% ($215 million): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
• 1.6% ($151 million): 2309 - Preparations of a kind used in animal feeding.
• 1.42% ($135 million): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
• 1.29% ($122 million): 8704 - Motor vehicles for the transport of goods
• 0.986% ($93 million): 7308 - Structures (excluding prefabricated buildings of heading 94.06) and parts of structures (for example, bridges and bridge-sections, lock-gates, towers, lattice masts, roofs, roofing frame-works, doors and windows and their frames and thresholds for doors, shutters, balustrades, pillars and columns), of iron or steel; plates, rods, angles, shapes, sections, tubes and the like, prepared for use in structures, of iron or steel