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Iceland
(information)
Continent: Europe, Region: Europe
Population as of 2020: 366,425 171 of 193
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Nominal G.D.P. in 2024: $33.46 billion 107 of 193
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Total merchandise exports in 2024: $6.95 billion. 94 of 193
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These are calendar-year 2024 goods exports reported by Iceland, excluding services. All amounts are nominal 2024 U.S. dollars, valued free on board (FOB), with no inflation adjustment. (Processing-zone coverage and whether processing exports are recorded at gross goods value remain unconfirmed.)
Top Exports
Top 20 export categories, 2024
Ranked by export value. Unspecified commodities and other special reporting categories are included in the ranking.
| Rank | Item | Dollar amount | Category |
|---|---|---|---|
| 1 | Unwrought aluminium | $2.05 billion | Aluminium and aluminium articles |
| 2 | Fish fillets and other fish meat, fresh, chilled or frozen | $1.18 billion | Fish, shellfish and other aquatic invertebrates |
| 3 | Fish, fresh or chilled, excluding fillets and other fish meat | $508.45 million | Fish, shellfish and other aquatic invertebrates |
| 4 | Orthopaedic appliances, artificial body parts, hearing aids and other disability-compensating appliances | $401.13 million | Optical, measuring, medical and precision instruments |
| 5 | Frozen fish, excluding fillets and other fish meat | $360.80 million | Fish, shellfish and other aquatic invertebrates |
| 6 | Dried, salted, brined or smoked fish | $286.80 million | Fish, shellfish and other aquatic invertebrates |
| 7 | Fats and oils and their fractions of fish or marine mammals; whether or not refined, but not chemically modified | $233.39 million | Animal, vegetable and microbial fats and oils |
| 8 | Flours, meal and pellets, of meat or meat offal, of fish or of crustaceans, molluscs or other aquatic invertebrates, unfit for human consumption; greaves | $211.77 million | Food-industry residues and animal feed |
| 9 | Ferro-alloys | $189.86 million | Iron and steel |
| 10 | Aluminium wire | $180.62 million | Aluminium and aluminium articles |
| 11 | Petroleum oils other than crude, related preparations and waste oils | $134.66 million | Mineral fuels and oils |
| 12 | Blood, antisera, vaccines, immunological products and related biological products | $97.59 million | Pharmaceutical products |
| 13 | Unspecified commodities (reporting category, not a single product) | $74.79 million | Unspecified commodities |
| 14 | Hydrogen, rare gases and other non-metal elements | $73.09 million | Inorganic chemicals and compounds of precious and rare-earth metals |
| 15 | Prepared or preserved crustaceans, molluscs and other aquatic invertebrates | $60.72 million | Prepared meat, seafood and insects |
| 16 | Aluminium foil, up to 0.2 mm thick | $48.32 million | Aluminium and aluminium articles |
| 17 | Prepared or preserved fish, caviar and caviar substitutes | $41.85 million | Prepared meat, seafood and insects |
| 18 | Aluminium bars, rods and profiles | $37.35 million | Aluminium and aluminium articles |
| 19 | Ships and boats for transporting people or goods | $34.34 million | Ships, boats and floating structures |
| 20 | Medical, surgical, dental and veterinary instruments and appliances | $33.77 million | Optical, measuring, medical and precision instruments |
Top 10 importers of Iceland's exports, 2024
Ranked by Iceland's reported merchandise exports to each named destination economy. Separately reported territories may appear. These are recorded export destinations; goods may subsequently be re-exported.
| Rank | Country | Dollar amount |
|---|---|---|
| 1 | Netherlands | $2.28 billion |
| 2 | United States (including Puerto Rico and the US Virgin Islands) | $800.50 million |
| 3 | United Kingdom | $667.35 million |
| 4 | France (including Monaco) | $490.32 million |
| 5 | Norway (including Svalbard and Jan Mayen) | $376.42 million |
| 6 | Germany | $345.50 million |
| 7 | Spain | $317.71 million |
| 8 | Denmark | $168.94 million |
| 9 | Poland | $165.04 million |
| 10 | Portugal | $152.54 million |
