Iceland

U.S. Trade with Iceland in 2023

Export Market Rank
#104 Among U.S. Agricultural Export Markets
Total Export Value
$24.83 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 $1.8 Million 361 $1.27 Million 90%
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%

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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.