Exports fell 12.3% year-on-year to ISK 74.2 billion in December 2025, weighed down by lower shipments of manufactured goods (-25.1%) and other products (-55%). Exports in Iceland averaged 19330.00 ISK Million from 1960 until 2025, reaching an all time high of 102172.00 ISK Million in December of 2022 and a record low of 0.78 ISK Million in January of 1960. source: Statistics Iceland

Exports in Iceland is expected to be 83400.00 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, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade -40754.40 -32426.40 ISK Million Dec 2025
Capital Flows 375430.00 -107520.00 ISK Million Sep 2025
Current Account 26939.00 -110393.00 ISK Million Sep 2025
Current Account to GDP -3.60 -2.80 percent of GDP Dec 2025
Exports 74245.90 71115.50 ISK Million Dec 2025
Exports by Category
Exports by Country
External Debt 3559115.00 3556161.00 ISK Million Sep 2025
Foreign Direct Investment -113622.00 -6739.00 ISK Million Sep 2025
Gold Reserves 1.98 1.98 Tonnes Sep 2025
Imports 115000.40 103541.90 ISK Million Dec 2025
Imports by Category
Imports by Country
Remittances 3245.00 3043.00 ISK Million Sep 2025
Terrorism Index 0.12 0.23 Points Dec 2024
Tourist Arrivals 119942.00 141100.00 Dec 2025


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
74245.90 71115.50 102172.00 0.78 1960 - 2025 ISK Million Monthly
Current Prices, NSA


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