Iceland

U.S. Trade with Iceland in 2022

Export Market Rank
#101 Among U.S. Agricultural Export Markets
Total Export Value
$29.49 Million
3-Year Average
$28.91 Million
Compound Average Growth
2.1% (2013-2022)
Total Export Value 2013 - 2022
Export Value by Commodity 2022

Top 10 Exports to Iceland in 2022

Commodity Total Value (USD) Total Volume (Metric Tons) 10-Year Average Value (USD) 10-Year Growth
Food Preparations $4.57 Million 437 $3.88 Million 163%
Baked Goods $2.97 Million 1,206 $3.34 Million -17%
Condiments & Sauces $2.76 Million 1,635 $2.48 Million 3%
Fresh Fruit $2.3 Million 665 $3.08 Million -15%
Fish and Seafood $1.85 Million 420 $2.44 Million 112%
Chocolate & Cocoa Products $1.48 Million 334 $1.04 Million 58%
Other Consumer Oriented $1.18 Million 525 $1.12 Million -5%
Processed Fruit $1.14 Million 307 $1.19 Million 9%
Tree Nuts $1.02 Million 103 $765,116 195%
Processed Vegetables $1 Million 425 $1.22 Million -34%

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Resources

Data and Analysis

Attaché Report (GAIN)

Iceland: Iceland Exporter Guide

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...
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.

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