United States Exports to Iceland
The United States' exports to Iceland rose to $985.84 million in 2024, up from $328.25 million in 2023, according to the UN Comtrade Database. This represents an increase of 200.3% ($657.6 million) from the previous year. Top exports from the United States to Iceland were Machinery, mechanical appliances, reactors ($367.28 million), Aircraft, spacecraft, parts ($210.45 million) and Unspecified commodities ($137.13 million).
United States had a trade deficit with Iceland that narrowed to $128.33 million in 2024 from $384.32 million in 2023. This is a decrease of 66.6% ($255.99 million).
United States Exports to Iceland by Goods (2024)
The table below shows the ranking of US exports to Iceland by goods in 2024, highlighting the top exported goods.
| Export Rank | Exported Goods | Export Value (USD) ↓ | Year |
|---|---|---|---|
| 1 | Machinery, mechanical appliances, reactors | $367.28M | 2024 |
| 2 | Aircraft, spacecraft, parts | $210.45M | 2024 |
| 3 | Unspecified commodities | $137.13M | 2024 |
| 4 | Mineral fuels, oils, waxes, bitumen | $81.59M | 2024 |
| 5 | Electrical machinery and equipment; audio and video equipment | $76.29M | 2024 |
| 6 | Optical, medical, measuring instruments | $19.65M | 2024 |
| 7 | Vehicles other than railway or tramway and parts | $15.04M | 2024 |
| 8 | Plastics and plastic articles | $12.70M | 2024 |
| 9 | Miscellaneous edible preparations | $8.19M | 2024 |
| 10 | Rubber and rubber articles | $5.98M | 2024 |
| 11 | Edible fruits and nuts, citrus or melon peel | $4.42M | 2024 |
| 12 | Cereal, flour, starch, milk preparations, bakery | $3.30M | 2024 |
| 13 | Essential oils, perfumery, cosmetics | $3.23M | 2024 |
| 14 | Organic chemicals | $3.10M | 2024 |
| 15 | Pharmaceutical products | $2.32M | 2024 |
| 16 | Articles of iron or steel | $1.97M | 2024 |
| 17 | Furniture, bedding, lighting, prefabricated buildings | $1.94M | 2024 |
| 18 | Prepared vegetables, fruits, nuts | $1.93M | 2024 |
| 19 | Beverages, spirits, vinegar | $1.92M | 2024 |
| 20 | Toys, games, sports goods | $1.85M | 2024 |
| 21 | Miscellaneous chemical products | $1.72M | 2024 |
| 22 | Pearls, precious stones, metals, jewelry, coins | $1.69M | 2024 |
| 23 | Cocoa and cocoa preparations | $1.50M | 2024 |
| 24 | Arms, ammunition, parts | $1.32M | 2024 |
| 25 | Edible vegetables, roots, tubers | $1.31M | 2024 |
| 26 | Works of art, antiques | $1.16M | 2024 |
| 27 | Knitted or crocheted clothing | $1.16M | 2024 |
| 28 | Cereals | $1.13M | 2024 |
| 29 | Tools, cutlery, base metal parts | $1.12M | 2024 |
| 30 | Fats and oils, edible fats, waxes | $1.01M | 2024 |
| 31 | Printed books, newspapers, printed matter | $880,406 | 2024 |
| 32 | Aluminium and aluminium articles | $872,582 | 2024 |
| 33 | Soap, detergents, waxes, candles, dental products | $872,418 | 2024 |
| 34 | Paper, paperboard and articles | $862,251 | 2024 |
| 35 | Sugar and confectionery | $837,783 | 2024 |
| 36 | Other textile articles, worn clothing, rags | $743,418 | 2024 |
| 37 | Musical instruments, parts | $563,028 | 2024 |
| 38 | Non-knitted clothing | $540,409 | 2024 |
| 39 | Fish, crustaceans, molluscs, aquatic invertebrates | $495,224 | 2024 |
| 40 | Meat and edible offal | $435,822 | 2024 |
| 41 | Glass and glassware | $359,923 | 2024 |
| 42 | Wood and wood products, charcoal | $338,591 | 2024 |
| 43 | Headgear | $297,086 | 2024 |
| 44 | Dyes, pigments, tanning extracts, paints, inks | $283,748 | 2024 |
| 45 | Dairy, eggs, honey, other animal products | $283,182 | 2024 |
| 46 | Prepared meat, fish, crustaceans, insects | $246,170 | 2024 |
| 47 | Ships, boats, floating structures | $237,299 | 2024 |
| 48 | Wadding, felt, twine, ropes, cords | $236,939 | 2024 |
| 49 | Food industry residues, animal feed | $230,247 | 2024 |
| 50 | Salt, sulphur, stone, cement | $228,413 | 2024 |
| 51 | Leather goods, bags, saddlery, travel goods | $225,526 | 2024 |
| 52 | Ceramic products | $200,952 | 2024 |
| 53 | Coffee, tea, mate, spices | $199,622 | 2024 |
| 54 | Clocks, watches, parts | $179,121 | 2024 |
| 55 | Miscellaneous manufactured goods | $176,727 | 2024 |
| 56 | Milling products, malt, starch, inulin, wheat gluten | $173,386 | 2024 |
| 57 | Iron and steel | $146,005 | 2024 |
| 58 | Articles of stone, cement, mica, asbestos | $143,528 | 2024 |
| 59 | Miscellaneous base metal articles | $133,090 | 2024 |
| 60 | Glues, enzymes, modified starches | $121,263 | 2024 |
| 61 | Other base metals, cermets | $120,387 | 2024 |
| 62 | Technical textile fabrics, coated fabrics | $102,211 | 2024 |
| 63 | Live animals | $94,352 | 2024 |
| 64 | Nickel and nickel articles | $83,737 | 2024 |
| 65 | Inorganic chemicals, precious metal compounds, isotopes | $64,062 | 2024 |
| 66 | Oilseeds, grains, fodder, medicinal plants | $57,160 | 2024 |
| 67 | Footwear and parts | $55,285 | 2024 |
| 68 | Pulp, recovered paper, paperboard | $47,274 | 2024 |
| 69 | Tobacco, nicotine products and substitutes | $47,182 | 2024 |
| 70 | Wool and animal hair fabrics | $31,588 | 2024 |
| 71 | Copper and copper articles | $26,920 | 2024 |
| 72 | Feathers, down, artificial flowers, human hair goods | $21,958 | 2024 |
| 73 | Carpets and textile floor coverings | $20,848 | 2024 |
| 74 | Animal products | $20,475 | 2024 |
| 75 | Explosives, pyrotechnics, matches | $17,750 | 2024 |
| 76 | Railway locomotives, rolling stock, track equipment | $14,169 | 2024 |
| 77 | Cotton | $13,566 | 2024 |
| 78 | Special woven fabrics, lace, embroidery | $13,426 | 2024 |
| 79 | Man-made filaments | $12,489 | 2024 |
| 80 | Knitted or crocheted fabrics | $12,345 | 2024 |
| 81 | Cork and cork products | $7,486 | 2024 |
| 82 | Lead and lead articles | $4,945 | 2024 |
| 83 | Ores, slag, ash | $4,556 | 2024 |
| 84 | Photographic and cinematographic goods | $3,692 | 2024 |
| 85 | Live plants, bulbs, roots, cut flowers, foliage | $3,642 | 2024 |
| 86 | Lac, gums, resins, vegetable extracts | $2,736 | 2024 |
United States Exports to Iceland (1991-2024)
The table below shows historical data for US exports to Iceland by year, expressed in Million USD.
| Year | Export Value (Million USD) |
|---|---|
| 2024 | 985.84 |
| 2023 | 328.25 |
| 2022 | 651.31 |
| 2021 | 628.87 |
| 2020 | 292.50 |
| 2019 | 555.01 |
| 2018 | 655.36 |
| 2017 | 399.26 |
| 2016 | 447.78 |
| 2015 | 415.46 |
| 2014 | 364.46 |
| 2013 | 513.40 |
| 2012 | 370.82 |
| 2011 | 628.05 |
| 2010 | 324.88 |
| 2009 | 349.54 |
| 2008 | 469.55 |
| 2007 | 629.63 |
| 2006 | 365.83 |
| 2005 | 512.02 |
| 2004 | 308.55 |
| 2003 | 242.08 |
| 2002 | 218.99 |
| 2001 | 225.42 |
| 2000 | 255.55 |
| 1999 | 297.63 |
| 1998 | 236.52 |
| 1997 | 179.34 |
| 1996 | 256.98 |
| 1995 | 170.57 |
| 1994 | 111.92 |
| 1993 | 146.82 |
| 1992 | 119.07 |
| 1991 | 156.29 |