Site Index
Iceland Exports
Iceland Imports
Iceland Exporters
Iceland Importers

Top Iceland Imports from the World
In 2018, Iceland bought US$7.7 billion worth of imported products up by 42.6% since 2014 and up by 9.9% from 2017 to 2018.
 Top 10 Icelandic Imports from Norway

Norway's exports to Iceland amounted to
$879.3 million or 11.5% of its overall imports.

  1. Mineral fuels including oil: $557.1 million
  2. Electronic equipment: $124.8 million
  3. Food waste, animal fodder: $30 million
  4. Machinery: $18.9 million
  5. Salt, sulphur, stone, cement: $18.3 million
  6. Other animal-origin products: $17.1 million
  7. Fish: $15 million
  8. Furniture, lighting, signs: $14.5 million
  9. Inorganic chemicals: $10.2 million
10. Other chemical goods: $9 million
Top 10 Icelandic Imports from Germany

Germany's exports to Iceland amounted to
$673.6 million or 8.8% of its overall imports.

  1. Vehicles: $179.5 million
  2. Machinery: $118.2 million
  3. Electronic equipment: $47.4 million
  4. Plastics: $32.4 million
  5. Mineral fuels including oil: $27.8 million
  6. Medical, technical equipment: $22.1 million
  7. Iron or steel products: $22 million
  8. Pharmaceuticals: $18.4 million
  9. Aircraft, spacecraft: $16.7 million
10. Furniture, lighting, signs: $15.7 million
Top 10 Icelandic Imports from China

China's exports to Iceland amounted to
$669.4 million or 8.7% of its overall imports.

  1. Electronic equipment: $153.1 million
  2. Inorganic chemicals: $129.5 million
  3. Machinery: $116.8 million
  4. Furniture, lighting, signs: $38.3 million
  5. Clothing (not knit or crochet): $28.5 million
  6. Ships, boats: $24 million
  7. Knit or crochet clothing: $21.7 million
  8. Toys, games: $18.7 million
  9. Iron or steel products: $14.2 million
10. Plastics: $12.1 million
Top 10 Icelandic Imports from the US

America's exports to Iceland amounted to
$650.1 million or 8.5% of its overall imports.

  1. Mineral fuels including oil: $207.7 million
  2. Aircraft, spacecraft: $115.6 million
  3. Machinery: $49.4 million
  4. Vehicles: $33.2 million
  5. Other chemical goods: $31.9 million
  6. Inorganic chemicals: $26.9 million
  7. Electronic equipment: $26.8 million
  8. Medical, technical equipment: $25.5 million
  9. Other food preparations: $13.2 million
10. Fruits, nuts: $12.2 million
Top 10 Icelandic Imports from Denmark

Denmark's exports to Iceland amounted to
$482.5 million or 6.3% of its overall imports.

  1. Mineral fuels including oil: $82.3 million
  2. Pharmaceuticals: $55.8 million
  3. Machinery: $49.2 million
  4. Furniture, lighting, signs: $25.8 million
  5. Plastics: $19.6 million
  6. Iron or steel products: $18.4 million
  7. Electronic equipment: $14.9 million
  8. Salt, sulphur, stone, cement: $14.3 million
  9. Medical, technical equipment: $13.2 million
10. Paper: $12.4 million
Top 10 Icelandic Imports from Netherlands

Dutch exports to Iceland amounted to
$482.5 million or 6.3% of its overall imports.

  1. Electronic equipment: $152.1 million
  2. Machinery: $72.4 million
  3. Mineral fuels including oil: $38.1 million
  4. Vehicles: $18.4 million
  5. Other chemical goods: $16.2 million
  6. Plastics: $14 million
  7. Food waste, animal fodder: $11.8 million
  8. Pharmaceuticals: $11.1 million
  9. Iron or steel products: $10.8 million
10. Vegetables: $10.5 million
Top 10 Icelandic Imports from the UK

United Kingdom's exports to Iceland amounted to
$407.2 million or 5.3% of its overall imports.

  1. Machinery: $82.6 million
  2. Vehicles: $73.4 million
  3. Mineral fuels including oil: $33.9 million
  4. Electronic equipment: $24.1 million
  5. Plastics: $14.5 million
  6. Cereal, milk preparations:$12.4 million
  7. Medical, technical equipment: $10.7 million
  8. Beverages: $8.8 million
  9. Vegetable/fruit preparations: $8.2 million
10. Paper: $8.1 million
Top 10 Icelandic Imports from Australia

Australia's exports to Iceland amounted to
$333 million or 4.3% of its overall imports.

  1. Inorganic chemicals: $327.9 million
  2. Beverages: $1 million
  3. Machinery: $580,000
  4. Coated textile fabric: $515,000
  5. Perfumes, cosmetics: $471,000
  6. Salt, sulphur, stone, cement: $388,000
  7. Electronic equipment: $280,000
  8. Medical, technical equipment: $270,000
  9. Vehicles: $247,000
10. Furniture, lighting, signs: $242,000
Top 10 Icelandic Imports from Sweden

Sweden's exports to Iceland amounted to
$332.2 million or 4.3% of its overall imports.

  1. Vehicles: $75.6 million
  2. Machinery: $32.5 million
  3. Electronic equipment: $28.1 million
  4. Mineral fuels including oil: $21.7 million
  5. Pharmaceuticals: $15.2 million
  6. Inorganic chemicals: $12.6 million
  7. Beverages: $12 million
  8. Plastics: $11.5 million
  9. Furniture, lighting, signs: $10.3 million
10. Paper: $10.1 million
Top 10 Icelandic Imports from Italy

Italy's exports to Iceland amounted to
$227.1 million or 3% of its overall imports.

  1. Aluminum: $47.4 million
  2. Machinery: $40.4 million
  3. Furniture, lighting, signs: $17.4 million
  4. Electronic equipment: $12.1 million
  5. Vehicles: $11.6 million
  6. Beverages: $9.6 million
  7. Iron or steel products: $8.3 million
  8. Ceramic products: $6.1 million
  9. Mineral fuels including oil: $5.8 million
10. Plastics: $5.6 million
Top 10 Icelandic Imports from Brazil

Brazil's exports to Iceland amounted to
$223.6 million or 2.9% of its overall imports.

  1. Inorganic chemicals: $217 million
  2. Fruits, nuts: $1.7 million
  3. Coffee, tea, spices: $1.6 million
  4. Aluminum: $971,000
  5. Machinery: $773,000
  6. Iron or steel products: $454,000
  7. Other chemical goods: $211,000
  8. Vegetable/fruit preparations: $186,000
  9. Wood: $156,000
10. Base metal tools, cutlery: $107,000
Fastest-Growing Iceland Imports 2018
Research Note: 
Import numbers rarely match the source exporters’ stats. Reasons for import-export statistical discrepancies include re-exports, time lags, misallocations, distinct trade reporting systems, different quantity measurements and country confidentiality rules. Also, transportation and insurance costs are sometimes added to import totals.
Data source: Trade Map, International Trade Centre, www.intracen.org/marketanalysis