In Jan-Mar 2026, extra-EU trade with Iceland totalled €1.9B. The EU imported €770.1M and exported €1.1B, resulting in a surplus of €324.1M.
Trade with Iceland is dominated by the sectors Section XV — BASE METALS AND ARTICLES OF BASE METAL (21.2%), Section I — LIVE ANIMALS AND ANIMAL PRODUCTS (19.0%), Section XVII — VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT (14.4%). The Section XV — BASE METALS AND ARTICLES OF BASE METAL sector alone accounts for 21.2% of bilateral trade.
The extra-EU trade balance with Iceland shows a surplus of €324.1M. Imports amount to €770.1M versus €1.1B in exports.
In 2025, imports from this country changed by 4.3% and exports by 9.0% compared to the previous year.