China–Iceland Bilateral Trade 2026
China–Iceland trade reached $534M in January–September 2026, +51.9% year on year. China exported $313M and imported $221M.
Source: GACC Monthly · USD Data as of: September 2026 Coverage 2018-01–2026-09
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Leading commodity chapters across the available monthly history — darker cells show higher trade value. Hover any cell for detail.
Top China Exports to Iceland
| HS chapter | Jan–Sep 2026 | Share | YoY | 2025 |
|---|---|---|---|---|
| HS 85Electrical machinery and electronics | $165M | 52.7% | +99.1% | $105M |
| HS 84Machinery and mechanical appliances | $31.7M | 10.1% | +19.9% | $40.6M |
| HS 76Aluminium | $21.8M | 7.0% | +22.2% | $26.1M |
| HS 87Vehicles and parts | $18.3M | 5.8% | +86.8% | $18.7M |
| HS 94Furniture, bedding and lighting | $9.2M | 2.9% | +19.5% | $9.3M |
| HS 98Commodities not classified by kind | $8.9M | 2.9% | -42.9% | $20.5M |
| HS 40Rubber and articles thereof | $7.5M | 2.4% | -2.9% | $8.6M |
| HS 73Articles of iron or steel | $7.4M | 2.4% | +41.4% | $6.7M |
| HS 61Apparel, knitted or crocheted | $5.5M | 1.8% | +22.7% | $6.5M |
| HS 62Apparel, not knitted or crocheted | $4.7M | 1.5% | -24.2% | $7.2M |
Top HS4 products, Jan–Sep 2026
| HS4 product | Jan–Sep 2026 | Share | YoY | 2025 |
|---|---|---|---|---|
| HS 8545Carbon electrodes and brushes for electrical use | $109M | 34.7% | +84.2% | $77.8M |
| HS 8504Electrical transformers and converters | $36.2M | 11.6% | +3005.5% | Not in Top 20 |
| HS 7607Aluminium foil, <=0.2 mm | $19.7M | 6.3% | +22.5% | $23.7M |
| HS 8471Automatic data processing machines | $19.4M | 6.2% | +18.1% | $25.4M |
| HS 8702Motor vehicles for transport of persons | $10.0M | 3.2% | +128.0% | $9.9M |
| HS 8517Telecommunications equipment | $9.4M | 3.0% | +49.6% | $6.9M |
| HS 9804Low-value goods in simplified customs procedures | $8.9M | 2.8% | -42.9% | $20.4M |
| HS 4011New pneumatic rubber tyres | $6.8M | 2.2% | -3.8% | $7.8M |
| HS 8703Motor cars for transport of persons | $3.9M | 1.2% | +55.6% | $4.8M |
| HS 8544Insulated electric conductors | $3.7M | 1.2% | -51.9% | $8.1M |
Top China Imports from Iceland
| HS chapter | Jan–Sep 2026 | Share | YoY | 2025 |
|---|---|---|---|---|
| HS 03Fish and seafood | $208M | 94.0% | +82.0% | $191M |
| HS 76Aluminium | $3.6M | 1.6% | -63.5% | $13.8M |
| HS 90Optical, measuring and medical instruments | $2.9M | 1.3% | -18.7% | $4.4M |
| HS 33Essential oils and cosmetics | $2.2M | 1.0% | +321.0% | $1.3M |
| HS 15Fats and oils | $2.0M | 0.9% | -11.9% | $2.5M |
| HS 05Other animal products | $742K | 0.3% | +25.9% | $948K |
| HS 84Machinery and mechanical appliances | $562K | 0.3% | -34.2% | $3.3M |
| HS 21Miscellaneous food preparations | $373K | 0.2% | +185.7% | $211K |
| HS 22Beverages, spirits and vinegar | $228K | 0.1% | +93.3% | $181K |
| HS 41Raw hides, skins and leather | $140K | 0.1% | -31.8% | $265K |
Top HS4 products, Jan–Sep 2026
| HS4 product | Jan–Sep 2026 | Share | YoY | 2025 |
|---|---|---|---|---|
| HS 0303Frozen whole fish | $144M | 65.2% | +59.9% | $152M |
| HS 0302Fresh or chilled whole fish | $57.8M | 26.2% | +175.6% | $34.5M |
| HS 0304Fish fillets and other fish meat | $3.8M | 1.7% | +192.4% | $1.9M |
| HS 7607Aluminium foil, <=0.2 mm | $3.6M | 1.6% | -63.6% | $13.8M |
| HS 9021Orthopaedic appliances, implants, hearing aids | $2.7M | 1.2% | -19.2% | $4.1M |
| HS 3304Beauty, make-up and skin-care preparations | $2.2M | 1.0% | +321.0% | $1.3M |
| HS 0308Aquatic invertebrates incl. sea cucumbers | $1.9M | 0.9% | +26.8% | $2.4M |
| HS 1504Fish and marine mammal fats and oils | $1.4M | 0.6% | -36.5% | $2.3M |
| HS 0511Other animal products and inedible dead animals | $623K | 0.3% | +8.8% | $823K |
| HS 1517Margarine and edible fat mixtures | $535K | 0.2% | +183.2% | Not in Top 20 |
Fast-Growing China Export Products to Iceland
Jan–Sep 2026 vs Jan–Sep 2025 · USD · ranked by USD increase
9 products qualify
- 1 Electrodes of graphite or other carbon, for electrical purposes (excluding those used for furnaces)HS 854519 Exports$109M Increase+$49.8M YoY+85%
- 2 Motor vehicles for the transport of ≥ 10 persons, incl. driver, with only electric motor for propulsionHS 870240 Exports$9.4M Increase+$8.1M YoY+625%
- 3 Machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatusHS 851762 Exports$6.1M Increase+$4.3M YoY+243%
- 4 Structures and parts of structures, of iron or steel, n.e.s. (excluding bridges and bridge-sections, towers and lattice masts, doors and windows and their frames, thresholds for doors, props and similar equipment for scaffolding, shuttering, propping or pit-propping)HS 730890 Exports$2.8M Increase+$1.4M YoY+105%
- 5 Vehicles specially designed for travelling on snow; golf cars and similar vehiclesHS 870310 Exports$3.2M Increase+$1.3M YoY+68%
- 6 Prefabricated buildings, whether or not complete or already assembled (excl. of wood)HS 940690 Exports$1.8M Increase+$1.1M YoY+151%
China–Iceland Annual Trade and Year-to-Date Totals
USD| Period | China exports | China imports | Total trade | China balance | Total vs prior period | Partner rank |
|---|---|---|---|---|---|---|
| 2026 YTD (Jan–Sep) | $313M | $221M | $534M | +$92.2M | +51.9% | No. 161 |
| 2025 (full year) | $292M | $222M | $515M | +$69.9M | +16.2% | No. 162 |
| 2024 (full year) | $277M | $166M | $443M | +$111M | -13.0% | No. 161 |
| 2023 (full year) | $267M | $242M | $509M | +$24.5M | +1.6% | No. 157 |
| 2022 (full year) | $311M | $190M | $501M | +$121M | +39.8% | No. 153 |
| 2021 (full year) | $207M | $152M | $358M | +$54.8M | +74.4% | No. 161 |
| 2020 (full year) | $101M | $105M | $206M | -$3.8M | -20.2% | No. 165 |
| 2019 (full year) | $115M | $143M | $258M | -$27.8M | -38.9% | No. 163 |
| 2018 (full year) | $256M | $166M | $421M | +$89.8M | — | No. 152 |
About China–Iceland trade and frequently asked questions
What was China's trade with Iceland in Jan–Sep 2026?
In January–September 2026, China–Iceland goods trade totaled $534M: China exported $313M and imported $221M, a China trade surplus of $92.2M (+51.9% vs the same months of 2025). Iceland ranked No. 161 among China's trading partners.
What was China's trade with Iceland in 2025?
In 2025, China–Iceland goods trade totaled $515M: China exported $292M and imported $222M, a China trade surplus of $69.9M (+16.2% vs 2024). Iceland ranked No. 162 among China's trading partners.
What was China's trade with Iceland in 2024?
In 2024, China–Iceland goods trade totaled $443M: China exported $277M and imported $166M, a China trade surplus of $111M (-13.0% vs 2023). Iceland ranked No. 161 among China's trading partners.
What does China export to Iceland?
In January–September 2026, China's leading exports to Iceland by HS chapter were Electrical machinery and electronics (HS 85, $165M, 52.7% of the total); Machinery and mechanical appliances (HS 84, $31.7M, 10.1% of the total); Aluminium (HS 76, $21.8M, 7.0% of the total). The largest HS4 products were Carbon electrodes and brushes for electrical use (HS 8545, $109M); Electrical transformers and converters (HS 8504, $36.2M); Aluminium foil, <=0.2 mm (HS 7607, $19.7M).
What does China export to Iceland in 2025?
In 2025, China's leading exports to Iceland by HS chapter were Electrical machinery and electronics (HS 85, $105M, 35.9% of the total); Machinery and mechanical appliances (HS 84, $40.6M, 13.9% of the total); Aluminium (HS 76, $26.1M, 8.9% of the total). The largest HS4 products were Carbon electrodes and brushes for electrical use (HS 8545, $77.8M); Automatic data processing machines (HS 8471, $25.4M); Aluminium foil, <=0.2 mm (HS 7607, $23.7M).
What does China import from Iceland?
In January–September 2026, China's leading imports from Iceland by HS chapter were Fish and seafood (HS 03, $208M, 94.0% of the total); Aluminium (HS 76, $3.6M, 1.6% of the total); Optical, measuring and medical instruments (HS 90, $2.9M, 1.3% of the total). The largest HS4 products were Frozen whole fish (HS 0303, $144M); Fresh or chilled whole fish (HS 0302, $57.8M); Fish fillets and other fish meat (HS 0304, $3.8M).
What is China’s trade balance with Iceland?
China's goods trade balance with Iceland was +$92.2M in January–September 2026, compared with +$82.1M in the same months of 2025. 2025: +$69.9M. A negative balance is a China trade deficit.
Where can I download China–Iceland trade data?
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Source
Source
Source: China General Administration of Customs (GACC)
Citation
Citation
China Iceland bilateral trade data, monthly. General Administration of Customs of the People's Republic of China (GACC). https://chinadata.live/china-trade/iceland/, accessed 2026-11-10.