Australia Imports from Iceland

Australia's imports from Iceland rose to $12.75 million in 2024, up from $12.41 million in 2023, according to the UN Comtrade Database. This represents an increase of 2.8% ($344,349.4) from the previous year. Top imports for Australia from Iceland were Optical, medical, measuring instruments ($7.63 million), Pharmaceutical products ($1.36 million), Fats and oils, edible fats, waxes ($886,403.99).

Australia had a trade surplus with Iceland that fell to $182.53M in 2024 from $220.28M in 2023. This is a decrease of 17.1% ($37.75 million).
Imported Goods Historical Imports Data

Australia Imports from Iceland by Goods (2024)

The table below shows the ranking of Australia imports from Iceland by goods in 2024, highlighting the top imported goods.

Import Rank Imported Goods Import Value (USD) ↓ Year
1 Optical, medical, measuring instruments $7.63M 2024
2 Pharmaceutical products $1.36M 2024
3 Fats and oils, edible fats, waxes $886,403.99 2024
4 Beverages, spirits, vinegar $597,761.42 2024
5 Machinery, mechanical appliances, reactors $496,196.96 2024
6 Food industry residues, animal feed $482,185.87 2024
7 Electrical machinery and equipment; audio and video equipment $257,274.04 2024
8 Fish, crustaceans, molluscs, aquatic invertebrates $181,145.57 2024
9 Tobacco, nicotine products and substitutes $177,338.94 2024
10 Miscellaneous edible preparations $174,380.11 2024
11 Oilseeds, grains, fodder, medicinal plants $170,978.17 2024
12 Miscellaneous chemical products $88,938.33 2024
13 Prepared meat, fish, crustaceans, insects $79,535.53 2024
14 Plastics and plastic articles $72,159.73 2024
15 Furniture, bedding, lighting, prefabricated buildings $34,666.10 2024
16 Vehicles other than railway or tramway and parts $13,470.59 2024
17 Glues, enzymes, modified starches $10,261.48 2024
18 Essential oils, perfumery, cosmetics $7,552.08 2024
19 Explosives, pyrotechnics, matches $6,670.35 2024
20 Clocks, watches, parts $4,953.75 2024
21 Articles of iron or steel $4,537.61 2024
22 Pearls, precious stones, metals, jewelry, coins $3,776.09 2024
23 Leather goods, bags, saddlery, travel goods $2,792.90 2024
24 Wadding, felt, twine, ropes, cords $2,069.72 2024
25 Aircraft, spacecraft, parts $1,922.83 2024
26 Miscellaneous base metal articles $1,587.88 2024
27 Rubber and rubber articles $1,449.17 2024
28 Printed books, newspapers, printed matter $1,024.22 2024
29 Footwear and parts $901.42 2024