Exports from Iceland jumped 36.5 percent year-on-year to ISK 58.6 billion in December of 2020, boosted by sales of manufacturing products and marine products. Considering full 2020, exports decreased 3 percent. source: Statistics Iceland

Exports in Iceland averaged 14609.21 ISK Million from 1960 until 2020, reaching an all time high of 76594.11 ISK Million in January of 2019 and a record low of 0.78 ISK Million in January of 1960. This page provides the latest reported value for - Iceland Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iceland Exports - values, historical data and charts - was last updated on January of 2021.

Exports in Iceland is expected to be 58900.00 ISK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Iceland to stand at 60500.00 in 12 months time. In the long-term, the Iceland Exports is projected to trend around 60500.00 ISK Million in 2022, according to our econometric models.

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Iceland Exports

Actual Previous Highest Lowest Dates Unit Frequency
58600.00 52958.09 76594.11 0.78 1960 - 2020 ISK Million Monthly

Iceland Trade Last Previous Highest Lowest Unit
Balance of Trade 959.29 -10804.69 24063.60 -28914.97 ISK Million [+]
Current Account -1184.00 -5933.00 104939.00 -133503.00 ISK Million [+]
Current Account to GDP 5.80 3.10 7.60 -23.00 percent [+]
Imports 57615.30 61535.60 74676.80 1.21 ISK Million [+]
Exports 58600.00 52958.09 76594.11 0.78 ISK Million [+]
External Debt 2625978.00 2647551.00 15748529.00 280593.00 ISK Million [+]
Capital Flows 38460.00 21609.00 414266.00 -418160.00 ISK Million [+]
Gold Reserves 1.98 1.98 2.00 1.84 Tonnes [+]
Remittances 1381.00 1182.00 2448.00 18.00 ISK Million [+]
Terrorism Index 0.00 0.03 1.22 0.00 [+]
Tourist Arrivals 5923.00 10126.00 291344.00 924.00 [+]
Foreign Direct Investment -93398.00 -6243.00 199978.00 -553027.00 ISK Million [+]


Iceland Exports
In 2017, the country’s main exports were: manufacturing products (54 percent of total exports), of which aluminium and aluminium products (39 percent); marine products (38 percent), of which frozen fish fillets (9 percent), fresh fish (9 percent) and whole frozen fish (5 percent); and agricultural products (4 percent). Iceland’s main export partners were: the Netherlands (25 percent of total exports); Spain (13 percent); the UK (9 percent); Germany (8 percent); the US (7 percent); France (6 percent); and Norway (5 percent).

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category