Imports in Iceland declined 11% year-on-year to ISK 127.6 billion in May 2026, driven by reduced purchases of capital goods (-28.5%), transport equipment (-6.6%), and fuels and lubricants other than petroleum products (-41.3%). In contrast, imports of food and beverages increased by 33.1%. Over the last twelve months, imports fell 9%, mainly due to lower purchases of capital goods and industrial supplies. source: Statistics Iceland
Imports in Iceland averaged 24081.64 ISK Million from 1960 until 2026, reaching an all time high of 142926.00 ISK Million in May of 2025 and a record low of 1.20 ISK Million in January of 1960. This page provides - Iceland Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Imports - values, historical data and charts - was last updated on June of 2026.
Imports in Iceland is expected to be 109800.00 ISK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Imports is projected to trend around 136300.00 ISK Million in 2027 and 138800.00 ISK Million in 2028, according to our econometric models.