Export statistics
Iceland fishing export in numbers
The total exports of marine products in 2017 were 610,000 tonnes and accounted for 38.1% of the value of exported goods and were worth 1,629 million EUR.
Icelandic marine products were exported to 92 countries in 2017, around 76% of the total were sold to Europe which is the most important market for Icelandic seafood. Frozen products account for 48.9% 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 2017. Further information on exports: Statistics Iceland.
Export of marine products 2017
| Country | Value in mill. (ISK) | Value in % |
|---|---|---|
| UK | 30.608 | 15,5 |
| France | 22.332 | 11,3 |
| Spain | 19.174 | 9,7 |
| Norway | 18.588 | 9,4 |
| USA | 17.419 | 8,8 |
| Germany | 10.416 | 5,3 |
| Holland | 9.357 | 4,7 |
| China | 8.041 | 4,1 |
| Belgium | 6.533 | 3,3 |
| Portugal | 6.485 | 3,3 |
| Japan | 6.350 | 3,2 |
| Nigeria | 5.437 | 2,8 |
| Denmark | 4.931 | 2,5 |
| Lithuania | 3.911 | 2,0 |
| Other | 27.442 | 13,9 |
| Total | 609.677 | 100 % |
Export of marine products 2017
| Country | Volume in tonnes | Volume % |
|---|---|---|
| Norway | 122.602 | 20,1 |
| UK | 61.288 | 10,1 |
| Denmark | 47.106 | 7,7 |
| Germany | 35.013 | 5,7 |
| Spain | 32.128 | 5,3 |
| France | 31.696 | 5,2 |
| Holland | 31.628 | 5,2 |
| China | 31.153 | 5,1 |
| Lithuania | 24.451 | 4,0 |
| USA | 22.609 | 3,7 |
| Japan | 16.680 | 2,7 |
| Ukraine | 16.208 | 2,7 |
| Nigeria | 16.970 | 2,8 |
| Belarus | 14.364 | 2,4 |
| Other | 105.781 | 17,4 |
| Total | 197.025 | 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% |