Iceland Import Data

Learn more about the Import Data of Iceland and their key import products.

How does the import of Iceland looks like in the world market?

Situated in the North Atlantic, Iceland has a small but resilient economy. In 2019, the country's imports were valued at approximately USD 7.1 billion. Iceland imports various products to meet its domestic needs and support its tourism industry. Key import products include machinery (USD 1.4 billion), vehicles (USD 807 million), and electrical machinery and equipment (USD 673 million). Norway, Germany, and the United States are among Iceland's major import partners. Iceland aims to enhance its import capabilities through trade diversification, investment in sustainable energy, and tourism promotion. By leveraging its renewable energy resources, preserving its natural landscapes, and fostering strategic trade partnerships, Iceland seeks to drive economic growth, create employment opportunities, and improve the well-being of its population.

How many real import shipments of Iceland can be seen on ABRAMS.wiki?

The Iceland Import Data comprises statistical data regarding the business activities in the country. This information is primarily utilized for conducting in-depth research on the import market of Iceland. Our extensive database encompasses over [MERGE TAG] shipment records of imports into Iceland. The Iceland trade data is derived from various documents such as Shipping Bills, Import Bills, Invoices, and other relevant import-export documentation.

Top 10 import Partners

Which are the Top 10 Import Partners of Iceland based on our trade data?

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Top 5 Import Product categories of Iceland

The top product categories imported by Iceland vary based on different periods and economic factors. During the last years the following categories were the most prominent:

1. Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

HS Code: 84
Description: HS Code 84 refers to the Harmonized System category for Nuclear reactors, boilers, machinery, and mechanical appliances. It includes parts thereof, sorted into specific subheadings for each type of item. It covers a wide range of equipment, from medical devices and engines, to air conditioning units and industrial assembly machines.

2. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof

HS Code: 87
Description: HS Code 87 pertains to vehicles, aircraft, vessels and associated transport equipment. It includes all forms of road vehicles such as cars, motorcycles, and trucks, as well as railway and tramway vehicles. It also covers aircraft (both powered and non-powered) and spacecraft. Additionally, it involves all types of ships and boats for the transportation of goods and people.

3. Electrical machinery, apparatus and appliances and parts thereof

HS Code: 85
Description: HS Code 85 pertains to electrical machinery and equipment, sound recorders, television image recorders, and their associated parts. This broad category includes items like wires, batteries, loudspeakers, electric motors, generators, and microphones. It also includes radar apparatus, radio navigational aid apparatus, and different types of recording or reproducing apparatus.

4. Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

HS Code: 27
Description: HS Code 27 pertains to mineral fuels, mineral oils, and products of their distillation; bituminous substances; mineral waxes. This covers a broad range of petroleum and coal-based products including, but not limited to, coal, oil, petroleum gases, and bituminous mixtures. It also refers to the by-products of the petroleum industry.

5. Fish and crustaceans, molluscs and other aquatic invertebrates

HS Code: 03
Description: HS Code 3, officially known as Harmonized System Code 3, applies to fish and crustaceans, molluscs and other aquatic invertebrates. This category includes live, fresh, chilled, frozen, dried, salted, in brine, smoked, or processed seafood items. This code is used internationally for taxing and managing such goods in global export-import processes.

Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
HS Code: 84
Description: HS Code 84 refers to the Harmonized System category for Nuclear reactors, boilers, machinery, and mechanical appliances. It includes parts thereof, sorted into specific subheadings for each type of item. It covers a wide range of equipment, from medical devices and engines, to air conditioning units and industrial assembly machines.

Which are the most important suppling countries of »Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof« (HS-Code: 84) for Iceland?: The top supplying countries for Iceland for »Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof« (HS-Code: 84) are:
Norway, United States of America, Denmark, Netherlands, United Kingdom
Which companies in Iceland are purchasing »Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof« (HS-Code: 84)?: Companies in Iceland purchasing »Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof« (HS-Code: 84) can be found within the Free Search of ABRAMS world trade wiki.
Who are suppliers of »Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof« (HS-Code: 84) for customers in Iceland?: Suppliers for customers in Iceland for »Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof« (HS-Code: 84) can be found within the Free Search of ABRAMS world trade wiki.

Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof
HS Code: 87
Description: HS Code 87 pertains to vehicles, aircraft, vessels and associated transport equipment. It includes all forms of road vehicles such as cars, motorcycles, and trucks, as well as railway and tramway vehicles. It also covers aircraft (both powered and non-powered) and spacecraft. Additionally, it involves all types of ships and boats for the transportation of goods and people.

Which are the most important suppling countries of »Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof« (HS-Code: 87) for Iceland?: The top supplying countries for Iceland for »Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof« (HS-Code: 87) are:
Netherlands, Poland, Germany, Faroe Islands, Belgium
Which companies in Iceland are purchasing »Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof« (HS-Code: 87)?: Companies in Iceland purchasing »Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof« (HS-Code: 87) can be found within the Free Search of ABRAMS world trade wiki.
Who are suppliers of »Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof« (HS-Code: 87) for customers in Iceland?: Suppliers for customers in Iceland for »Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof« (HS-Code: 87) can be found within the Free Search of ABRAMS world trade wiki.

Electrical machinery, apparatus and appliances and parts thereof
HS Code: 85
Description: HS Code 85 pertains to electrical machinery and equipment, sound recorders, television image recorders, and their associated parts. This broad category includes items like wires, batteries, loudspeakers, electric motors, generators, and microphones. It also includes radar apparatus, radio navigational aid apparatus, and different types of recording or reproducing apparatus.

Which are the most important suppling countries of »Electrical machinery, apparatus and appliances and parts thereof« (HS-Code: 85) for Iceland?: The top supplying countries for Iceland for »Electrical machinery, apparatus and appliances and parts thereof« (HS-Code: 85) are:
Norway, Netherlands, Paraguay, Nicaragua, Faroe Islands
Which companies in Iceland are purchasing »Electrical machinery, apparatus and appliances and parts thereof« (HS-Code: 85)?: Companies in Iceland purchasing »Electrical machinery, apparatus and appliances and parts thereof« (HS-Code: 85) can be found within the Free Search of ABRAMS world trade wiki.
Who are suppliers of »Electrical machinery, apparatus and appliances and parts thereof« (HS-Code: 85) for customers in Iceland?: Suppliers for customers in Iceland for »Electrical machinery, apparatus and appliances and parts thereof« (HS-Code: 85) can be found within the Free Search of ABRAMS world trade wiki.

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
HS Code: 27
Description: HS Code 27 pertains to mineral fuels, mineral oils, and products of their distillation; bituminous substances; mineral waxes. This covers a broad range of petroleum and coal-based products including, but not limited to, coal, oil, petroleum gases, and bituminous mixtures. It also refers to the by-products of the petroleum industry.

Which are the most important suppling countries of »Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes« (HS-Code: 27) for Iceland?: The top supplying countries for Iceland for »Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes« (HS-Code: 27) are:
Greenland, United Kingdom, Russian Federation, Antigua and Barbuda, Germany
Which companies in Iceland are purchasing »Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes« (HS-Code: 27)?: Companies in Iceland purchasing »Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes« (HS-Code: 27) can be found within the Free Search of ABRAMS world trade wiki.
Who are suppliers of »Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes« (HS-Code: 27) for customers in Iceland?: Suppliers for customers in Iceland for »Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes« (HS-Code: 27) can be found within the Free Search of ABRAMS world trade wiki.

Fish and crustaceans, molluscs and other aquatic invertebrates
HS Code: 03
Description: HS Code 3, officially known as Harmonized System Code 3, applies to fish and crustaceans, molluscs and other aquatic invertebrates. This category includes live, fresh, chilled, frozen, dried, salted, in brine, smoked, or processed seafood items. This code is used internationally for taxing and managing such goods in global export-import processes.

Which are the most important suppling countries of »Fish and crustaceans, molluscs and other aquatic invertebrates« (HS-Code: 3) for Iceland?: The top supplying countries for Iceland for »Fish and crustaceans, molluscs and other aquatic invertebrates« (HS-Code: 3) are:
France, United States of America, United Kingdom, Spain, Germany
Which companies in Iceland are purchasing »Fish and crustaceans, molluscs and other aquatic invertebrates« (HS-Code: 3)?: Companies in Iceland purchasing »Fish and crustaceans, molluscs and other aquatic invertebrates« (HS-Code: 3) can be found within the Free Search of ABRAMS world trade wiki.
Who are suppliers of »Fish and crustaceans, molluscs and other aquatic invertebrates« (HS-Code: 3) for customers in Iceland?: Suppliers for customers in Iceland for »Fish and crustaceans, molluscs and other aquatic invertebrates« (HS-Code: 3) can be found within the Free Search of ABRAMS world trade wiki.

What is the general Import and Export perspective of Iceland?

Iceland had a total export of 5,973,742.65 in thousands of US$ and total imports of 7,838,072.42 in thousands of US$ leading to a negative trade balance of -1,864,329.77 in thousands of US$. The Effectively Applied Tariff Weighted Average (customs duty) for Iceland is 1.51% and the Most Favored Nation (MFN) Weighted Average tariff is 3.34%. The trade growth is 18.60% compared to a world growth of 12.59%. GDP of Iceland is 25,552,639,899.07 in current US$. Iceland services export is 3,504,606,921.43 in BoP, current US$ and services import is 2,901,250,262.83 in Bop, current US$. Iceland exports of goods and services as percentage of GDP is 37.37% and imports of goods and services as percentage of GDP is 39.42%.

Source: World Bank

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Iceland Import Data

How does the import of Iceland looks like in the world market?

How many real import shipments of Iceland can be seen on ABRAMS.wiki?

Which are the Top 10 Import Partners of Iceland based on our trade data?

Top 5 Import Product categories of Iceland

1. Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

2. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof

3. Electrical machinery, apparatus and appliances and parts thereof

4. Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

5. Fish and crustaceans, molluscs and other aquatic invertebrates

Which are the most important suppling countries of »Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof« (HS-Code: 84) for Iceland?

Which companies in Iceland are purchasing »Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof« (HS-Code: 84)?

Who are suppliers of »Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof« (HS-Code: 84) for customers in Iceland?

Which are the most important suppling countries of »Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof« (HS-Code: 87) for Iceland?

Which companies in Iceland are purchasing »Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof« (HS-Code: 87)?

Who are suppliers of »Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof« (HS-Code: 87) for customers in Iceland?

Which are the most important suppling countries of »Electrical machinery, apparatus and appliances and parts thereof« (HS-Code: 85) for Iceland?

Which companies in Iceland are purchasing »Electrical machinery, apparatus and appliances and parts thereof« (HS-Code: 85)?

Who are suppliers of »Electrical machinery, apparatus and appliances and parts thereof« (HS-Code: 85) for customers in Iceland?

Which are the most important suppling countries of »Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes« (HS-Code: 27) for Iceland?

Which companies in Iceland are purchasing »Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes« (HS-Code: 27)?

Who are suppliers of »Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes« (HS-Code: 27) for customers in Iceland?

Which are the most important suppling countries of »Fish and crustaceans, molluscs and other aquatic invertebrates« (HS-Code: 3) for Iceland?

Which companies in Iceland are purchasing »Fish and crustaceans, molluscs and other aquatic invertebrates« (HS-Code: 3)?

Who are suppliers of »Fish and crustaceans, molluscs and other aquatic invertebrates« (HS-Code: 3) for customers in Iceland?

What is the general Import and Export perspective of Iceland?

Easily switch between import and export to learn more about our trade data.

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