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Exports In 2022, Iceland exported $53.9M in Processed Fish, making it the 47th largest exporter of Processed Fish in the world. At the same year, Processed Fish was the 17th most exported product in Iceland. The main destination of Processed Fish exports from Iceland are: Denmark ($11.4M), South Korea ($8.53M), France ($7.65M), Germany ($5.96M), and United States ($2.46M).

The fastest growing export markets for Processed Fish of Iceland between 2021 and 2022 were South Korea ($756k), Japan ($751k), and Denmark ($433k).

Imports In 2022, Iceland imported $3.69M in Processed Fish, becoming the 156th largest importer of Processed Fish in the world. At the same year, Processed Fish was the 307th most imported product in Iceland. Iceland imports Processed Fish primarily from: Thailand ($988k), Denmark ($570k), Norway ($401k), Germany ($316k), and Netherlands ($241k).

The fastest growing import markets in Processed Fish for Iceland between 2021 and 2022 were Thailand ($250k), Norway ($211k), and Netherlands ($126k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Processed Fish. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$53.9M
IMPORTS (2022)$3.69M
NET TRADE (2022)$50.2M

In 2022, Iceland exported $53.9M in Processed Fish. The main destinations of Iceland exports on Processed Fish were Denmark ($11.4M), South Korea ($8.53M), France ($7.65M), Germany ($5.96M), and United States ($2.46M).

In 2022, Iceland imported $3.69M in Processed Fish, mainly from Thailand ($988k), Denmark ($570k), Norway ($401k), Germany ($316k), and Netherlands ($241k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Fish EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
South Korea$756k (9.72%)
Japan$751k (1.74k%)
Denmark$433k (3.96%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Fish BY Iceland WERE (2021 - 2022):
Russia-$4.16M (-89%)
Ukraine-$2.34M (-50.7%)
Germany-$2.08M (-25.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Processed Fish were:
In 2022, Iceland's main importing competitors in Processed Fish were:

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Trade Value of Processed Fish by Exporters

Potential Exports

Potential Exports

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Processed Fish’s highest export potential is N/A. With an export gap of N/A.   Processed Fish’s highest import potential is N/A with an import gap of N/A.

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