Exports from Iceland rose by 19% year-on-year to ISK 86.6 billion in December 2024, mainly due to increased sales of agricultural products (133%), farmed fish (62%), and marine products (30%). Exports in Iceland averaged 18489.49 ISK Million from 1960 until 2024, 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

Related	Last	Previous	Unit	Reference
Balance of Trade	-46651.71	-31930.44	ISK Million	Dec 2024
Capital Flows	38731.00	-50839.00	ISK Million	Sep 2024
Current Account	45741.00	-38255.00	ISK Million	Sep 2024
Current Account to GDP	1.10	-2.10	percent of GDP	Dec 2023
Exports	86597.32	83348.94	ISK Million	Dec 2024
Exports by Category
Exports by Country
External Debt	3404193.00	3363245.00	ISK Million	Sep 2024
Foreign Direct Investment	37419.00	7671.00	ISK Million	Sep 2024
Gold Reserves	1.98	1.98	Tonnes	Sep 2024
Imports	133249.00	115279.40	ISK Million	Dec 2024
Imports by Category
Imports by Country
Remittances	2917.00	2718.00	ISK Million	Sep 2024
Terrorism Index	0.23	0.00	Points	Dec 2023
Tourist Arrivals	142448.00	162273.00		Dec 2024

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.