Iceland Trade & Investment Summary
U.S. goods exports to Iceland in 2022 were $675 million, up 7.3 percent ($46 million) from 2021 and up 82 percent from 2012. U.S. goods imports from Iceland totaled $755 million in 2022, up 30.2 percent ($175 million) from 2021, and up 166 percent from 2012. The U.S. trade balance with Iceland shifted from a goods trade surplus of $49 million in 2021 to a goods trade deficit of $80 million in 2022.
U.S. foreign direct investment (FDI) in Iceland (stock) was $91 million in 2022, a 89.1 percent decrease from 2021.
NOTE: No services trade data with Iceland are available.
