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 2019
| Country | Value in mill. (ISK) | Value in % |
|---|---|---|
| UK | 43,891 | 16.9 |
| France | 32,101 | 12.3 |
| USA | 22,959 | 8.8 |
| Spain | 216,89 | 8.3 |
| Norway | 16,685 | 6.4 |
| Germany | 14,360 | 5.5 |
| China | 13,033 | 5.0 |
| Holland | 11,656 | 4.5 |
| Portugal | 10,406 | 4.0 |
| Poland | 8,735 | 3.4 |
| Nigeria | 8,595 | 3.3 |
| Belgium | 7,378 | 2.8 |
| Canada | 6,165 | 2.4 |
| Denmark | 5.316 | 2.0 |
| Other | 37,169 | 14.3 |
| Total | 260,138 | 100 % |
Export of marine products 2019
| Country | Volume in tonnes | Volume % |
|---|---|---|
| Norway | 87,273 | 14.1 |
| UK | 72,758 | 11.8 |
| Denmark | 41,470 | 6.7 |
| France | 38,215 | 6.2 |
| Poland | 37.351 | 6.0 |
| Germany | 34.653 | 5.6 |
China | 34.415 | 5.6 |
| Spain | 30.589 | 4.9 |
| Lithuania | 27.108 | 4.4 |
| Ukranine | 25.851 | 4.2 |
| Holland | 25.304 | 4.1 |
| USA | 22.815 | 3.7 |
| Nigeria | 20.171 | 3.1 |
| Portugal | 17.541 | 2.8 |
| Other | 102.908 | 16.6 |
| Total | 618.422 | 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% |