Iceland Trade Summary
U.S. total goods trade with Iceland were an estimated $2.1 billion in 2024. U.S. goods exports to Iceland in 2024 were $985.8 million, up 200.2 percent ($657.4 million) from 2023. U.S.goods imports from Iceland totaled $1.1 billion in 2024, up 59.1 percent ($398.6 milion) from 2023. The U.S. goods trade deficit with Iceland was $86.8 million in 2024, a 74.9 percent decrease ($258.9 million) over 2023.
