Exports rose 2% year-on-year to ISK 78 billion in February 2026, driven by increased shipments of marine products (13.1%) and agricultural products (3.3%). Exports in Iceland averaged 19471.47 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. 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 and 94900.00 ISK Million in 2028, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade -9943.10 -312.20 ISK Million Feb 2026
Capital Flows -79948.00 337006.00 ISK Million Dec 2025
Current Account -37983.00 34099.00 ISK Million Dec 2025
Current Account to GDP -3.60 -2.80 percent of GDP Dec 2025
Exports 78045.50 72534.40 ISK Million Feb 2026
Exports by Category
Exports by Country
External Debt 3733776.00 3559115.00 ISK Million Dec 2025
Foreign Direct Investment 56219.00 -120290.00 ISK Million Dec 2025
Gold Reserves 1.98 1.98 Tonnes Dec 2025
Imports 87988.70 72537.30 ISK Million Feb 2026
Imports by Category
Imports by Country
Remittances 3185.00 3245.00 ISK Million Dec 2025
Terrorism Index 0.12 0.23 Points Dec 2024
Tourist Arrivals 119366.00 119942.00 Jan 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
78045.50 72534.40 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