Imports in Iceland increased to 116629 ISK Million in July from 105955 ISK Million in June of 2025. Imports in Iceland averaged 22980.25 ISK Million from 1960 until 2025, reaching an all time high of 143024.00 ISK Million in May of 2025 and a record low of 1.20 ISK Million in January of 1960. source: Statistics Iceland

Imports in Iceland is expected to be 115100.00 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 134900.00 ISK Million in 2026 and 139300.00 ISK Million in 2027, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade -44181.00 -37265.70 ISK Million Jul 2025
Capital Flows -95680.00 21918.00 ISK Million Jun 2025
Current Account -82272.00 -56400.00 ISK Million Jun 2025
Current Account to GDP -2.70 -1.30 percent of GDP Dec 2024
Exports 72448.00 68689.20 ISK Million Jul 2025
Exports by Category
Exports by Country
External Debt 3406221.00 3333088.00 ISK Million Mar 2025
Foreign Direct Investment 36983.00 -10432.00 ISK Million Jun 2025
Gold Reserves 1.98 1.98 Tonnes Jun 2025
Imports 116629.00 105955.00 ISK Million Jul 2025
Imports by Category
Imports by Country
Remittances 3043.00 2518.00 ISK Million Jun 2025
Terrorism Index 0.12 0.23 Points Dec 2024
Tourist Arrivals 301824.00 233867.00 Jul 2025



Iceland Imports
In Iceland, the total value of imports of goods in 2021 was ISK 222.8 billion, 28.9% higher than in 2020. The increase is mainly in transport equipment and capital goods. The largest import categories were industrial supplies (28.8%) and capital goods (22.2%). The largest trading countries in imports of goods for the year 2021 were Norway, China and Germany. Over 58% of the total value of imports came from EEA countries.
Actual Previous Highest Lowest Dates Unit Frequency
116629.00 105955.00 143024.00 1.20 1960 - 2025 ISK Million Monthly
Current Prices, NSA


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