What is the U.S. trade balance with Iceland?

The U.S. trade balance with Iceland is -$3.46B (a deficit — the U.S. imports more than it exports).

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Iceland 🔔 Alert me

Q: What does the U.S. import from Iceland?

The top U.S. imports from Iceland are Fish, Crustaceans & Aquatic Invertebrates, Optic, Photo etc., Medic Or Surgical Instrments etc., Pharmaceutical Products. The full product breakdown is on this page.

The United States imports $6.60B from Iceland and exports $3.14B to it as of Aug 2026, a trade balance of -$3.46B. Top U.S. imports from Iceland: Fish, Crustaceans & Aquatic Invertebrates, Optic, Photo etc., Medic Or Surgical Instrments etc., Pharmaceutical Products.

$6.60BU.S. imports from

$3.14BU.S. exports to

-$3.46BU.S. trade balance

473Product categories

Monthly U.S. imports from ICELAND

$126.2M

Sep
25

$135.5M

Oct
25

$98.5M

Nov
25

$93.8M

Dec
25

$92.3M

Jan
26

$92.6M

Feb
26

$149.4M

Mar
26

$49.9M

Apr
26

$104.5M

May
26

$116.4M

Jun
26

$108.7M

Jul
26

$129.5M

Aug
26

Showing last 12 months. Upgrade for full history + CSV export — from $49/mo.

Top products imported from ICELAND

#	Product	Value
1	HS 03 Fish, Crustaceans & Aquatic Invertebrates	$1.51B
2	HS 90 Optic, Photo etc., Medic Or Surgical Instrments etc.	$847.1M
3	HS 30 Pharmaceutical Products	$692.0M
4	HS 300215 Immunological Products, Put Up In Measured Doses Or In Forms Or Packings For Retail Sale	$601.4M
5	HS 902139 Other	$326.7M
6	HS 902131 Artificial Joints And Parts And Accessories Thereof	$259.7M
7	HS 030444 Fish Of The Families Bregmacerotidae, Euclichthyidae, Gadidae, Macrouridae, Melanonidae, Merlucciidae, Moridae And Muraenolepididae	$208.4M
8	HS 030453 Fish Of The Families Bregmacerotidae, Euclichthyidae, Gadidae, Macrouridae, Melanonidae, Merlucciidae, Moridae And Muraenolepididae	$202.0M

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The full list of 473 product categories

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✓All 473 product categories — not just the top 8 shown here
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Top products exported to ICELAND

#	Product	Value
1	HS 84 Nuclear Reactors, Boilers, Machinery etc.; Parts	$1.05B
2	HS 88 Aircraft, Spacecraft, And Parts Thereof	$635.1M
3	HS 98 Special Classification Provisions, Nesoi	$482.0M
4	HS 85 Electric Machinery etc.; Sound Equipment; TV Equipment; Parts	$276.0M
5	HS 90 Optic, Photo etc., Medic Or Surgical Instrments etc.	$128.7M
6	HS 27 Mineral Fuel, Oil etc.; Bituminous Substances; Mineral Wax	$122.5M
7	HS 87 Vehicles, Except Railway Or Tramway, And Parts etc.	$79.5M
8	HS 39 Plastics And Articles Thereof	$46.8M