Exporting to Iceland: what it imports and how to enter
Iceland reported 8.4 billion USD of imports across the 15 chapters it buys most (2025). The top three are machinery and mechanical appliances, electrical…
Published on 27 September 2026Updated on 13 November 2026Exporting from Spain
Iceland reported 8.4 billion USD of imports across the 15 chapters it buys most (2025). The top three are machinery and mechanical appliances, electrical machinery and equipment and parts thereof and vehicles. It sits outside the European Union: every shipment clears customs and the duty depends on your heading.
Iceland: who imports your product?
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Fact sheet
- Code
- IS
- European Union
- No
Most imported chapters
USD · 2025| Chapter | Imports (USD) |
|---|---|
| 84 · Machinery and mechanical appliances, boilers | 2,071,783,416 |
| 85 · Electrical machinery and equipment and parts thereof | 1,240,304,891 |
| 87 · Vehicles; other than railway or tramway rolling stock | 1,136,022,209 |
| 27 · Mineral fuels, mineral oils and products | 979,919,522 |
| 28 · Inorganic chemicals | 812,262,955 |
| 94 · Furniture; bedding, mattresses, mattress supports | 339,880,603 |
| 39 · Plastics and articles thereof | 299,150,982 |
| 30 · Pharmaceutical products | 281,935,314 |
| 73 · Iron or steel articles | 258,413,309 |
| 90 · Optical, photographic, cinematographic, measuring, checking | 244,134,591 |
| 23 · Food industries, residues and wastes thereof | 223,043,816 |
| 44 · Wood and articles of wood; wood charcoal | 168,594,662 |
| 38 · Chemical products n.e.c. | 132,735,951 |
| 22 · Beverages, spirits and vinegar | 129,950,984 |
| 61 · Apparel and clothing accessories; knitted or crocheted | 127,527,503 |
Imports declared by each country from the world. Countries report with a delay: the period is the latest with consolidated data.
Source: UN ComtradeData for 2025Verified on 13 November 2026
What Iceland buys
The chapter Iceland imports most is machinery and mechanical appliances, at 2.1 billion USD in 2025, followed by electrical machinery and equipment and parts thereof (1.2 billion USD) and vehicles (1.1 billion USD). Demand is spread across several chapters, with none clearly dominant.
The table ranks two-digit chapters, which are broad product families. To judge whether this market fits you, you need to go down to your six-digit heading: within one chapter sit products with very different demand, duties and requirements. If you do not know yours, look it up in the HS Code finder.
Three things are worth checking before you quote, and none can be assumed: the duty applied to your heading, whether a preferential agreement between the European Union and Iceland lowers it, and which certificates or controls your product faces on arrival. All three are looked up by heading and country in Access to Markets, the European Commission's official tool.
Frequently asked questions
What does Iceland import?
In 2025, its largest imports by chapter were machinery and mechanical appliances, electrical machinery and equipment and parts thereof and vehicles. The table on this page lists the top 15 with the reported figure for each, according to UN Comtrade.
What duty will I pay?
It depends on your tariff heading and on the agreement in force, not on the country in the abstract: two products in the same chapter can pay different rates. Look it up heading by heading in Access to Markets, with Spain as origin and Iceland as destination.
Where do I start if I do not have a tariff heading?
By finding it: it is the field the duty, the entry requirements and the trade statistics all hang from. The first six digits are common to every country applying the Harmonized System. You can search for yours in the HS Code finder and confirm it with your customs agent, who is the one answerable for the classification.
Does this data mean there is demand for my product?
It means that chapter enters the country, and in what volume, which is the first filter. It does not say at what price, through which channel or against which competitors, and those three decide whether the deal works. The figure is from 2025: countries report with a lag, so it is for comparing markets against each other, not for forecasting next month.
Iceland: who imports your product?
Paste your company website and we'll tell you which companies to sell to and who makes the buying decision at each one. Free, no card needed.