Iceland
U.S. Trade with Iceland in 2023
Export Market Rank
#104 Among U.S. Agricultural Export Markets
Total Export Value
$24.85 Million
3-Year Average
$26.62 Million
Compound Average Growth
1.1% (2014-2023)
Total Export Value 2014 - 2023
Export Value by Commodity 2023
Top 10 Exports to Iceland in 2023
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Food Preparations | $4.06 Million | 371 | $4.11 Million | 89% |
| Baked Goods | $3.6 Million | 1,491 | $3.34 Million | 16% |
| Condiments & Sauces | $2.39 Million | 1,429 | $2.45 Million | 1% |
| Fresh Fruit | $1.92 Million | 488 | $3 Million | -43% |
| Processed Fruit | $1.79 Million | 361 | $1.27 Million | 89% |
| Chocolate & Cocoa Products | $1.72 Million | 371 | $1.12 Million | 26% |
| Processed Vegetables | $1.29 Million | 559 | $1.2 Million | -15% |
| Non-Alcoholic Bev. (excl. juices) | $1 Million | 47 | $777,876 | -17% |
| Other Consumer Oriented | $771,566 | 389 | $1.07 Million | -35% |
| Dextrins, Peptones, & Proteins | $722,972 | 53 | $913,447 | -13% |
Resources
Exporter Guide (2023)
Data and Analysis
This exporter guide provides an economic overview of the Icelandic food industry, and provides exporters who are interested in entering the Icelandic market with background information on the current trends, demands, and trade developments of the...
Attaché Report (GAIN)
Iceland: Government Provides Support to Farmers to Combat Coronavirus and Increase Competitiveness
In March 2021, Iceland’s Minister of Fisheries and Agriculture announced his intention to allocate ISK 970 million ($7.5 million) in financial support for Icelandic sheep and cattle farmers.
In December 2020, the Government of Iceland presented its first comprehensive Food Policy.