Export statistics
Iceland fishing export in numbers
The total exports of marine products in 2018 were 670,775 tonnes and accounted for 40% of the value of exported goods and were worth 1,878 million EUR.
Icelandic marine products were exported to 95 countries in 2018, around 80% of the total were sold to Europe which is the most important market for Icelandic seafood. Frozen products account for 46.5% of the export value of marine exports. The single most valuable fish species for Icelandic seafood exports is cod which accounted for 42% of the export value of marine products in 2018. Further information on exports: Statistics Iceland.
Export of marine products 2018
| Country | Value in mill. (ISK) | Value in % |
|---|---|---|
| UK | 36.790 | 15,3 |
| France | 27.073 | 11,3 |
| Spain | 23.194 | 9,7 |
| Norway | 21.619 | 9,0 |
| USA | 20.986 | 8,8 |
| Germany | 13.242 | 5,5 |
| China | 12.623 | 5,3 |
| Holland | 10.068 | 4,2 |
| Portugal | 8.969 | 3,7 |
| Japan | 8.832 | 3,7 |
| Belgium | 6.978 | 2,9 |
| Nigeria | 5.783 | 2,8 |
| Denmark | 6.112 | 2,5 |
| Poland | 4.987 | 2,1 |
| Other | 31.560 | 13,2 |
| Total | 239.815 | 100 % |
Export of marine products 2018
| Country | Volume in tonnes | Volume % |
|---|---|---|
| Norway | 125.581 | 18,7 |
| UK | 73.359 | 10,9 |
| Denmark | 49.620 | 7,4 |
| Germany | 43.294 | 6,5 |
| China | 41.100 | 6,1 |
| France | 37.032 | 5,5 |
| Spain | 36.216 | 5,4 |
| Holland | 28.701 | 4,3 |
| USA | 26.2019 | 3,9 |
| Japan | 24.328 | 3,6 |
| Lithuania | 23.174 | 3,5 |
| Ukraine | 20.421 | 3,0 |
| Poland | 19.335 | 2,9 |
| Nigeria | 18.938 | 2,8 |
| Other | 103.457 | 15,4 |
| Total | 670.775 | 100 % |
Species - volume
| Species | Volume in tonnes | Volume % |
|---|---|---|
| Cod | 120.388 | 19,7 |
| Capelin | 87.375 | 14,3 |
| Mackerel | 87.375 | 11,9 |
| Herring | 72.852 | 10,1 |
| Blue whiting | 51.666 | 8,5 |
| Redfish | 42.403 | 7,0 |
| Saithe | 22.432 | 3,7 |
| Haddock | 14.626 | 2,4 |
| Silver smelt | 13.064 | 2,1 |
| Shrimps | 7.887 | 1,3 |
| Greenland halibut | 6.085 | 1,0 |
| Atlantic wolffish | 4.697 | 0,8 |
| Other species | 104.646 | 17,2 |
| Total | 609.677 | 100 % |
Species - value in mill.
| Species | Value in mill. (ISK) | Value % |
|---|---|---|
| Cod | 83.700 | 42,5 |
| Capelin | 18.090 | 9,2 |
| Redfish | 11.271 | 5,7 |
| Mackerel | 10.802 | 5,5 |
| Haddock | 10.460 | 5,3 |
| Herring | 9.071 | 4,6 |
| Saithe | 8.724 | 4,4 |
| Shimps | 7.152 | 3,6 |
| Blue whiting | 6.521 | 3,3 |
| Greenland halibut | 4.308 | 2,2 |
| Atlantic wolffish | 1.991 | 1,0 |
| Lobster | 1.813 | 0,9 |
| Other species | 23.122 | 11,7 |
| Total | 197.025 | 100% |