Iceland
U.S. Trade with Iceland in 2024
Export Market Rank
#104 Among U.S. Agricultural Export Markets
Total Export Value
$25.81 Million
3-Year Average
$25.97 Million
Compound Average Growth
1.1% (2015-2024)
Total Export Value 2015 - 2024
Export Value by Commodity 2024
Top 10 Exports to Iceland in 2024
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Food Preparations | $5.07 Million | 311 | $4.4 Million | 134% |
| Fresh Fruit | $3.51 Million | 940 | $3.01 Million | 18% |
| Baked Goods | $3.24 Million | 1,063 | $3.36 Million | -12% |
| Condiments & Sauces | $2.44 Million | 1,442 | $2.46 Million | 0% |
| Chocolate & Cocoa Products | $1.5 Million | 302 | $1.13 Million | 39% |
| Processed Fruit | $1.18 Million | 225 | $1.29 Million | -10% |
| Other Consumer Oriented | $1.18 Million | 825 | $1.07 Million | 2% |
| Processed Vegetables | $1.06 Million | 570 | $1.15 Million | -25% |
| Wine & Related Products | $997,660 | --- | $818,723 | 2% |
| Fresh Vegetables | $885,636 | 898 | $956,979 | -3% |
Resources
Exporter Guide (2023)
Data and Analysis
This report is an addendum to the GAIN report number E42024-0031 EU Food and Agricultural Import Regulations and Standards (FAIRS) Report, November 01, 2024.
From a geographical and regulatory viewpoint, Iceland has a unique environment for marketing U.S. food products with, or without, any biotech content and/or conducting research on biotech applications.
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...