Export statistics
Iceland fishing export in numbers
The total exports of marine products in 2020 were 604,129 tonnes and accounted for 40% of the value of exported goods and were worth 1,747 million EUR.
Icelandic marine products were exported to 95 countries in 2020, around 80% of the total were sold to Europe which is the most important market for Icelandic seafood. Frozen products account for 44.1% of the export value of marine exports. The single most valuable fish species for Icelandic seafood exports is cod which accounted for 49% of the export value of marine products in 2020. Further information on exports: Statistics Iceland.
Export of marine products 2020
| Country | Value in mill. (ISK) | Value in % |
|---|---|---|
| UK | 48,580 | 18.0 |
| France | 36,436 | 13.5 |
| USA | 23,253 | 8.6 |
| Spain | 19,889 | 7.4 |
| Norway | 17,997 | 6.7 |
| Germany | 14,985 | 5.6 |
| Holland | 14,334 | 5.3 |
| Portugal | 11,899 | 4.4 |
| Nigeria | 8,796 | 3.3 |
| China | 8,603 | 3.2 |
| Belgium | 7,981 | 3.0 |
| Canada | 6,835 | 2.5 |
| Lithuania | 6,808 | 2.5 |
| Poland | 6,808 | 2.5 |
| Other | 37,612 | 13.6 |
| Total | 269,917 | 100 % |
Export of marine products 2020
| Country | Volume in tonnes | Volume % |
|---|---|---|
| Norway | 90,955 | 15.1 |
| UK | 78,392 | 13.0 |
| Lihuania | 38,263 | 6.3 |
| France | 37,885 | 6.3 |
| Denmark | 37.351 | 5.7 |
| Germany | 32,640 | 5.4 |
Faroe Islands | 32,094 | 5.3 |
| Poland | 25.530 | 4.2 |
| Spain | 25.001 | 4.1 |
| Holland | 24,564 | 4.1 |
| China | 23.345 | 3.9 |
| USA | 22.224 | 3.7 |
| Nigeria | 20.439 | 3.4 |
| Ukraine | 18.232 | 3.0 |
| Other | 100.026 | 16.6 |
| Total | 604,129 | 100 % |
Species - volume
| Species | Volume in tonnes | Volume % |
|---|---|---|
| Cod | 140,028 | 23,2 |
| Mackerel | 86,477 | 14,3 |
| Herring | 85,140 | 14.1 |
| Blue whiting | 59,587 | 9.9 |
| Redfish | 33,232 | 5.5 |
| Saithe | 26,903 | 4.5 |
| Haddock | 23.828 | 3.9 |
| Greenland halibut | 8,424 | 1.4 |
| Shrimps | 7,812 | 1.3 |
| Atlantic wolffish | 7,161 | 1.2 |
| Capelin | 6,754 | 1.1 |
| Plaice | 3,462 | 0.6 |
| Other species | 115,319 | 19.1 |
| Total | 604,129 | 100 % |
Species - value in mill.
| Species | Value in mill. (ISK) | Value % |
|---|---|---|
| Cod | 131,877 | 48.9 |
| Haddock | 19,735 | 7.3 |
| Mackerel | 18,169 | 6.7 |
| Herring | 14,379 | 5.3 |
| Redfish | 12,922 | 4.8 |
| Saithe | 11,184 | 4.1 |
| Blue whiting | 10,683 | 4.0 |
| Shrimps | 9,010 | 3.3 |
| Greenland halibut | 7,282 | 2.7 |
| Atlantic wolffish | 3,597 | 1.3 |
| Capelin | 2,720 | 1.0 |
| Lobster | 1,518 | 0.6 |
| Other species | 26,660 | 9.9 |
| Total | 269,917 | 100% |