Iceland
U.S. Trade with Iceland in 2021
Export Market Rank
#96 Among U.S. Agricultural Export Markets
Total Export Value
$30.77 Million
3-Year Average
$28.72 Million
Compound Average Growth
4.1% (2012-2021)
Total Export Value 2012 - 2021
Export Value by Commodity 2021
Top 10 Exports to Iceland in 2021
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Food Preparations | $6.23 Million | 722 | $3.51 Million | 635% |
| Baked Goods | $3.34 Million | 1,303 | $3.33 Million | 17% |
| Fish and Seafood | $2.61 Million | 690 | $2.39 Million | 94% |
| Fresh Fruit | $2.49 Million | 619 | $3.07 Million | 14% |
| Condiments & Sauces | $2.29 Million | 1,167 | $2.46 Million | -10% |
| Tree Nuts | $1.57 Million | 229 | $676,183 | 1086% |
| Other Consumer Oriented | $1.42 Million | 602 | $1.1 Million | 41% |
| Processed Fruit | $1.09 Million | 302 | $1.17 Million | 18% |
| Chocolate & Cocoa Products | $1.08 Million | 244 | $967,003 | 47% |
| Fresh Vegetables | $986,004 | 874 | $960,547 | 108% |
Data and Analysis
Attaché Report (GAIN)
Iceland: Government Provides Support to Farmers to Combat Coronavirus and Increase Competitiveness
In March 2021, Iceland’s Minister of Fisheries and Agriculture announced his intention to allocate ISK 970 million ($7.5 million) in financial support for Icelandic sheep and cattle farmers.
In December 2020, the Government of Iceland presented its first comprehensive Food Policy.
Scrapie (a fatal, degenerative disease affecting the central nervous system of sheep and goats) was confirmed in a sheep on the Stóru-Akrar farm (home to 800 sheep) in Skagafjörður, Iceland.