South Korea exports to Iceland
아이슬란드 · latest month: October 2026
In October 2026, South Korea exported $2.7 million of goods to Iceland, up 23.8% from September 2026 and up 170.5% from October 2025.
Over the 12 months to October 2026, exports of goods to Iceland totalled $61.2 million, up 16.6% from the 12 months before ($52.5 million).
Iceland ranked 124th of 239 destinations for Korean goods over the 12 months to October 2026, up from 125th in the 12 months before.
The largest chapter was vehicles, parts and accessories (HS 87), with $39.2 million or 64.1% of exports to Iceland.
Imports from Iceland in October 2026 were $1.9 million (up 58.0% from October 2025), leaving a surplus of $801,195 for the month.
Last 24 months
What South Korea exports to Iceland: chapters
Export value by HS chapter over the 12 months to October 2026; the largest 25 of 61.
| Code | Product | Exports, 12 months | Share | vs 12 months before | October 2026 |
|---|---|---|---|---|---|
| 87 | Vehicles, parts and accessories | $39.2M | 64.1% | -5.6% | $2.2M |
| 85 | Electrical machinery and electronics | $15.0M | 24.6% | +795.7% | $1,807 |
| 40 | Rubber and articles thereof | $2.2M | 3.6% | -18.7% | $14K |
| 33 | Essential oils, perfumery and cosmetics | $2.0M | 3.3% | +132.2% | $149K |
| 03 | Fish, crustaceans and other seafood | $589K | 1.0% | -84.0% | $0 |
| 63 | Other made-up textile articles | $397K | 0.6% | +56.0% | $1,067 |
| 56 | Wadding, felt, nonwovens and cordage | $268K | 0.4% | -41.9% | $207K |
| 39 | Plastics and articles thereof | $196K | 0.3% | -16.8% | $6,795 |
| 76 | Aluminium and articles thereof | $183K | 0.3% | – | $0 |
| 84 | Machinery, boilers and computers | $172K | 0.3% | -11.8% | $25K |
| 28 | Inorganic chemicals | $171K | 0.3% | +63.6% | $0 |
| 34 | Soap, washing preparations and waxes | $148K | 0.2% | +76.9% | $25K |
| 22 | Beverages, spirits and vinegar | $144K | 0.2% | +14.8% | $34K |
| 62 | Clothing, not knitted or crocheted | $93K | 0.2% | +577.1% | $818 |
| 90 | Optical, measuring and medical instruments | $80K | 0.1% | +44.1% | $56K |
| 29 | Organic chemicals | $78K | 0.1% | – | $28 |
| 68 | Articles of stone, plaster, cement or mica | $33K | 0.1% | +31.6% | $0 |
| 73 | Articles of iron or steel | $25K | 0.0% | -62.5% | $217 |
| 61 | Clothing, knitted or crocheted | $21K | 0.0% | +21.7% | $493 |
| 95 | Toys, games and sports equipment | $20K | 0.0% | -50.0% | $770 |
| 49 | Printed books, newspapers and pictures | $19K | 0.0% | – | $328 |
| 94 | Furniture, bedding and lighting | $16K | 0.0% | -61.8% | $120 |
| 35 | Glues, modified starches and enzymes | $15K | 0.0% | +10.4% | $0 |
| 82 | Tools and cutlery of base metal | $13K | 0.0% | +22.0% | $6,213 |
| 30 | Pharmaceutical products | $13K | 0.0% | -92.9% | $79 |
Largest 4-digit headings
The 30 largest of 209 headings exported to Iceland in the same 12 months.
| Code | Product | Exports, 12 months | Share | vs 12 months before | October 2026 |
|---|---|---|---|---|---|
| 8703 | Passenger cars | $34.9M | 57.1% | -12.0% | $2.1M |
| 8535 | Electrical switches, fuses and circuit protection (over 1,000 V) | $14.6M | 23.9% | +813.9% | $0 |
| 8704 | Motor vehicles for the transport of goods | $4.1M | 6.8% | +144.8% | $96K |
| 4011 | New pneumatic tyres, of rubber | $2.2M | 3.6% | -18.7% | $14K |
| 3304 | Beauty, make-up and skin care preparations | $1.7M | 2.8% | +110.0% | $128K |
| 0307 | Molluscs (squid, octopus, oysters, clams) | $588K | 1.0% | -82.6% | $0 |
| 6306 | Tarpaulins, awnings and sunblinds, etc. | $367K | 0.6% | +51.2% | $0 |
| 3307 | Shaving, deodorant, bath and other toiletry preparations | $260K | 0.4% | +512.5% | $14K |
| 7616 | Other articles of aluminium | $183K | 0.3% | – | $0 |
| 2812 | Halides and halide oxides of non-metals | $171K | 0.3% | +63.6% | $0 |
| 8538 | Parts for electrical switching and control apparatus | $148K | 0.2% | – | $0 |
| 2202 | Soft drinks and other non-alcoholic beverages | $143K | 0.2% | +14.4% | $34K |
| 5607 | Twine, cordage, ropes and cables, etc. | $139K | 0.2% | – | $78K |
| 5601 | Wadding of textile materials and articles thereof, etc. | $129K | 0.2% | – | $129K |
| 8543 | Electrical machines and apparatus with individual functions | $128K | 0.2% | – | $82 |
| 3401 | Soap and skin-washing preparations | $110K | 0.2% | +169.3% | $18K |
| 3919 | Self-adhesive plates, sheets and film of plastics | $106K | 0.2% | +64.6% | $4,733 |
| 3923 | Plastic packaging and closures | $80K | 0.1% | -23.9% | $48 |
| 2927 | Diazo-, azo- or azoxy-compounds | $63K | 0.1% | – | $0 |
| 8701 | Tractors | $59K | 0.1% | +80.1% | $0 |
| 9015 | Surveying, hydrographic, oceanographic, hydrological, etc. | $57K | 0.1% | – | $56K |
| 6204 | Women's or girls' suits, dresses, skirts and trousers, not knitted | $42K | 0.1% | – | $0 |
| 3305 | Hair preparations | $38K | 0.1% | – | $6,830 |
| 8473 | Parts and accessories for computers and office machines | $36K | 0.1% | – | $0 |
| 8708 | Parts and accessories of motor vehicles | $32K | 0.1% | -7.6% | $979 |
| 6307 | Other made up articles, including dress patterns | $30K | 0.0% | – | $966 |
| 8525 | Broadcasting transmitters, television cameras and digital cameras | $28K | 0.0% | +48.9% | $0 |
| 8537 | Electrical control and distribution boards | $26K | 0.0% | – | $78 |
| 6810 | Articles of cement, of concrete or of artificial stone, etc. | $25K | 0.0% | – | $0 |
| 3405 | Polishes and creams for footwear, furniture, floors or metal | $22K | 0.0% | +7.7% | $3,503 |
A chapter is linked when exports to Iceland reached $1,000,000 over 24 months, a heading when they reached $5,000,000. "Share" is the share of all exports to Iceland.
Featured industry: cosmetics exports to Iceland, by 6-digit product.
Monthly figures
| Month | Exports | vs year earlier | Export weight | Export $/kg | Imports | Import weight |
|---|---|---|---|---|---|---|
| October 2026 | $2.7M | +170.5% | 172 t | $15.89 | $1.9M | 252 t |
| September 2026 | $2.2M | -38.6% | 120 t | $18.48 | $3.0M | 493 t |
| August 2026 | $4.6M | -50.6% | 254 t | $18.10 | $3.4M | 367 t |
| July 2026 | $2.6M | -36.4% | 165 t | $16.02 | $2.2M | 299 t |
| June 2026 | $2.5M | -15.5% | 164 t | $15.20 | $2.7M | 202 t |
| May 2026 | $4.1M | +251.7% | 287 t | $14.20 | $1.3M | 223 t |
| April 2026 | $14.6M | +234.1% | 744 t | $19.66 | $889K | 97.1 t |
| March 2026 | $6.3M | -29.1% | 342 t | $18.28 | $3.1M | 94.8 t |
| February 2026 | $4.7M | -41.7% | 266 t | $17.66 | $3.9M | 312 t |
| January 2026 | $6.7M | +65.0% | 359 t | $18.77 | $1.5M | 267 t |
| December 2025 | $6.3M | +68.6% | 506 t | $12.50 | $2.0M | 99.7 t |
| November 2025 | $3.8M | +214.0% | 174 t | $21.71 | $3.4M | 370 t |
| October 2025 | $1.0M | -47.8% | 70.4 t | $14.37 | $1.2M | 141 t |
| September 2025 | $3.6M | +84.4% | 234 t | $15.39 | $2.1M | 445 t |
| August 2025 | $9.3M | +400.9% | 448 t | $20.77 | $1.6M | 318 t |
| July 2025 | $4.2M | +148.0% | 697 t | $5.98 | $2.0M | 270 t |
| June 2025 | $2.9M | +50.8% | 243 t | $12.10 | $4.2M | 463 t |
| May 2025 | $1.2M | +56.3% | 150 t | $7.72 | $1.5M | 179 t |
| April 2025 | $4.4M | -2.4% | 287 t | $15.26 | $1.3M | 233 t |
| March 2025 | $8.8M | +138.1% | 587 t | $15.04 | $1.3M | 215 t |
| February 2025 | $8.1M | +128.9% | 572 t | $14.08 | $765K | 137 t |
| January 2025 | $4.1M | +89.4% | 320 t | $12.77 | $832K | 137 t |
| December 2024 | $3.7M | -58.4% | 444 t | $8.44 | $1.3M | 256 t |
| November 2024 | $1.2M | -38.7% | 207 t | $5.81 | $1.4M | 247 t |
Exports FOB, imports CIF, US dollars. Weight is net weight. "vs year earlier" compares export value with the same month one year before and is left blank when that month was under $10,000. Source: Korea Customs Service, via data.go.kr.