Exports in Iceland fell 11% year-on-year to ISK 71 billion in May 2026, primarily due to lower shipments of agricultural products (-36.3%), manufacturing goods (-17.0%), and pharmaceutical products (-35.1%). Over the last twelve months, Iceland’s exports decreased 6%, largely reflecting a 15% decline in manufacturing goods, which accounted for 48% of total exports. source: Statistics Iceland

Exports in Iceland averaged 19698.47 ISK Million from 1960 until 2026, reaching an all time high of 102172.50 ISK Million in December of 2022 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 June of 2026.

Exports in Iceland is expected to be 74100.00 ISK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Exports is projected to trend around 92800.00 ISK Million in 2027 and 94900.00 ISK Million in 2028, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade -56598.30 -65845.60 ISK Million May 2026
Capital Flows 27460.00 -57866.00 ISK Million Mar 2026
Current Account -32060.00 -39097.00 ISK Million Mar 2026
Current Account to GDP -3.60 -3.20 percent of GDP Dec 2025
Exports 70991.70 73204.50 ISK Million May 2026
Exports by Category
Exports by Country
External Debt 3641020.00 3669995.00 ISK Million Mar 2026
Foreign Direct Investment 53958.00 56763.00 ISK Million Mar 2026
Gold Reserves 1.98 1.98 Tonnes Mar 2026
Imports 127590.00 139050.10 ISK Million May 2026
Imports by Category
Imports by Country
Remittances 2516.00 3180.00 ISK Million Mar 2026
Terrorism Index 0.06 0.12 Points Dec 2025
Tourist Arrivals 163802.00 148898.00 May 2026


Iceland Exports
In Iceland, the total value of exports of goods in 2021 was ISK 136.2 billion, 21.8% higher than in 2020. Exports of aluminum and aluminum products had the largest share in exported manufacturing products or 37.3% of total exports. Marine products contributed to 38.8% of the total exports and their value was 7.4% higher than in 2020. Fresh fish and frozen fish fillets had the largest share in marine products. Fresh fish was 11.3% of total exports and frozen fish fillets were 9.6% of total exports. The largest trading countries in the export of goods were the Netherlands, Spain and United Kingdom but 68.8% of all exports went to EEA countries.
Actual Previous Highest Lowest Dates Unit Frequency
70991.70 73204.50 102172.50 0.78 1960 - 2026 ISK Million Monthly
Current Prices, NSA


International Trade
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category