Countries Iceland Imports From
| Country | Value | Share |
|---|---|---|
Other | $4,309,841,490 | 38.9% |
| $884,384,790 | 8% | |
| $724,438,640 | 6.5% | |
| $717,150,160 | 6.5% | |
| $541,352,290 | 4.9% | |
| $497,061,250 | 4.5% | |
| $460,495,070 | 4.2% | |
| $427,974,630 | 3.9% | |
| $311,635,140 | 2.8% | |
| $257,198,610 | 2.3% | |
| $205,913,550 | 1.9% | |
| $195,196,460 | 1.8% | |
| $141,645,720 | 1.3% | |
| $126,690,440 | 1.1% | |
| $125,858,300 | 1.1% | |
| $122,957,060 | 1.1% | |
| $114,011,510 | 1% | |
| $100,102,210 | 0.9% | |
| $97,745,000 | 0.9% | |
| $80,118,350 | 0.7% | |
| Total | $11,092,670,640 | |
Geographical Sourcing & Origin AnalysisOrigins
This dataset identifies the primary nations supplying Iceland. In 2024 the total import value reached$11,092,670,640.various origins emerged as the leading supplier, contributing38.9%to the sourcing mix across all 93 origins.
Products Iceland Imports
Product Category BreakdownImports
Classified by HS Codes, these statistics reveal the industrial components commodities entering Iceland. The most significant import category is Aluminium oxide, other than artificial corundum representing a 8.7% share of the 3899 major product groups tracked in our database.
Countries Iceland Exports To
| Country | Value | Share |
|---|---|---|
Other | $3,102,686,120 | 41.2% |
| $1,203,749,150 | 16% | |
| $633,253,820 | 8.4% | |
| $488,387,030 | 6.5% | |
| $344,882,520 | 4.6% | |
| $342,386,620 | 4.5% | |
| $265,500,010 | 3.5% | |
| $159,388,410 | 2.1% | |
| $87,669,300 | 1.2% | |
| $80,533,000 | 1.1% | |
| $73,833,690 | 1% | |
| $72,852,580 | 1% | |
| $60,151,740 | 0.8% | |
| $52,729,970 | 0.7% | |
| $49,696,310 | 0.7% | |
| $47,401,760 | 0.6% | |
| $46,538,230 | 0.6% | |
| $45,044,310 | 0.6% | |
| $38,707,830 | 0.5% | |
| $34,642,040 | 0.5% | |
| Total | $7,531,703,360 | |
Global Destination MarketsTrade Routes
An analysis of Iceland export footprint, which saw a total outbound value of$7,531,703,360 in 2024.various destinations remains the primary bilateral partner, accounting for41.2% of outbound supply channels.
Products Iceland Exports
Production & Manufacturing OutputExports
Identify Iceland top-performing manufacturing strengths. The dominant export sector is Aluminium unwrought, not alloyed which contributes25.4% to the nation's overall output across1743 active export sectors.
Iceland Trade Performance Analysis
Economic Indicators & Market Flow • 2024
Based on 2024 trade records,Iceland maintains a robust commercial profile within Europe. The nation's trade architecture is heavily influenced by its export strength toglobal partners, which represents 41.2% of its outbound market share across 119 destinations.
On the supply side, Iceland's industrial and consumer demand is largely met by imports from various origins, which accounts for approximately38.9% of its 93 trade origins. The integration of Aluminium oxide, other than artificial corundum into the local economy highlights a strategic dependency on specific global value chains, representing 8.7% of total imports across 3899 commodities.
The primary export for Iceland is Aluminium unwrought, not alloyed, which accounts for roughly 25.4% of overall exports across 1743 product categories.
Market Dominance In Imports
38.9%from Partners
Primary Import
HS-281820
Aluminium oxide, other than artificial corundum
Market Dominance In Exports
41.2%to Partners
Primary Export
HS-760110
Aluminium unwrought, not alloyed
Bilateral Integration
Iceland integration accounts for $18,624,374,000 annual value.
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