# Iceland (IS) **Capital:** Reykjavik **Currency:** Icelandic krona (ISK) (ISK) **Population:** 389'444 **Area:** 103'000 km² > Iceland is a North Atlantic island, closely tied to the EU single market via the EEA/EFTA but outside the EU customs union. Trade moves exclusively by sea and air; the main port is Reykjavik/Sundahofn and the main airport is Keflavik. Import VAT is 24 percent (11 percent reduced), with electronic customs clearance via Skatturinn. Key exports are fish, aluminium and pharmaceuticals. Iceland (IS) is a North Atlantic island between Europe and North America and acts as an EEA external border with a focus on fish and aluminium exports. Through the EEA Agreement and EFTA the country is closely tied to the EU single market but remains outside the EU customs union; customs clearance is handled electronically via Skatturinn (WEB customs clearance under Regulation 88/2005), and import VAT is 24 percent (reduced rate 11 percent). The main gateways are Keflavik Airport (KEF) and the ports of Reykjavik/Sundahofn (containers), Grundartangi (aluminium) and Akureyri. With no road or rail link to the mainland, all foreign trade moves by sea and air freight; domestically, the Ring Road (Route 1) and Reykjanesbraut distribute goods. Weekly container services by Eimskip and Samskip connect Iceland with Rotterdam, Immingham and Hamburg/Cuxhaven. Key exports are fish and seafood, aluminium and pharmaceuticals; the main trading partners are the Netherlands, Germany, the United Kingdom, the USA and Norway. **Top Import Partners:** NO, DE, CN, US, NL **Top Export Partners:** NL, ES, GB, DE, US **Top Import Goods:** Maschinen, Erdöl, Fahrzeuge, Lebensmittel, Chemikalien **Top Export Goods:** Fisch, Aluminium, Eisenlegierungen, Pharmazeutika, Wolle **Key Airports:** - [Keflavik International Airport (KEF)](https://www.freight-academy.com/en/information/airports/keflavik-international-airport-kef) - [Akureyri Airport (AEY)](https://www.freight-academy.com/en/information/airports/akureyri-airport-aey) - [Egilsstaðir Airport (EGS)](https://www.freight-academy.com/en/information/airports/egilsstaðir-airport-egs) - [Hornafjörður Airport (HFN)](https://www.freight-academy.com/en/information/airports/hornafjoerður-airport-hfn) - [Húsavík Airport (HZK)](https://www.freight-academy.com/en/information/airports/husavik-airport-hzk) - [Reykjavík Domestic Airport (RKV)](https://www.freight-academy.com/en/information/airports/reykjavik-domestic-airport-rkv) - [Siglufjörður Airport (SIJ)](https://www.freight-academy.com/en/information/airports/siglufjoerður-airport-sij) - [Vestmannaeyjar Airport (VEY)](https://www.freight-academy.com/en/information/airports/vestmannaeyjar-airport-vey) - [Ísafjörður Airport (IFJ)](https://www.freight-academy.com/en/information/airports/isafjoerður-airport-ifj) - [Arngerðareyri Airport](https://www.freight-academy.com/en/information/airports/arngerðareyri-airport-1643) **Key Seaports:** - [Grundartangi (IS GRT)](https://www.freight-academy.com/en/information/seaports/grundartangi-port-is-grt) - [Reykjavik (IS REY)](https://www.freight-academy.com/en/information/seaports/reykjavik-port-is-rey) - [Seydhisfjordhur (IS SEY)](https://www.freight-academy.com/en/information/seaports/seydhisfjordhur-port-is-sey) - [Seydisfjordur (ISSEY)](https://www.freight-academy.com/en/information/seaports/seydisfjordur-port-issey) - [Vestmannaeyjar (IS VES)](https://www.freight-academy.com/en/information/seaports/vestmannaeyjar-port-is-ves) - [Akureyri (IS AKU)](https://www.freight-academy.com/en/information/seaports/akureyri-port-is-aku) - [Bildudalur (IS BIL)](https://www.freight-academy.com/en/information/seaports/bildudalur-port-is-bil) - [Bolungarvik (IS BOL)](https://www.freight-academy.com/en/information/seaports/bolungarvik-port-is-bol) - [Borgarnes (ISBOR)](https://www.freight-academy.com/en/information/seaports/borgarnes-port-isbor) - [Budir (IS FAS)](https://www.freight-academy.com/en/information/seaports/budir-port-is-fas) ## Customs & Import **Import VAT:** Einfuhr-VSK 24 Prozent Normalsatz, 11 Prozent ermässigt (u.a. Lebensmittel, Bücher, Strom/Heisswasser) **Customs complexity:** mittel **Customs system:** Elektronische Zollanmeldung (WEB-Zollabfertigung / EDI) bei Skatturinn, verpflichtend nach Verordnung 88/2005. **Customs authority:** [Skatturinn - Iceland Revenue and Customs (Zoll-/Steuerbehörde)](https://www.skatturinn.is/english/) ## Logistics & Risk **Logistics role:** Nordatlantik-Insel, EWR-Aussengrenze, Fisch- und Aluminiumexport **Economic area:** EWR / EFTA **Logistics risk:** niedrig bis mittel **Dangerous goods relevance:** mittel **Pharma/cold chain:** hoch ## Sources & Last Verified - [https://www.skatturinn.is/english/](https://www.skatturinn.is/english/) - [https://www.skatturinn.is/english/companies/customs-matters/importing-to-iceland/](https://www.skatturinn.is/english/companies/customs-matters/importing-to-iceland/) - [https://www.skatturinn.is/english/companies/customs-matters/electronic-customs-clearance/](https://www.skatturinn.is/english/companies/customs-matters/electronic-customs-clearance/) - [https://www.statice.is/publications/news-archive/inhabitants/the-population-on-1-january-2025/](https://www.statice.is/publications/news-archive/inhabitants/the-population-on-1-january-2025/) - [https://government.is/topics/foreign-affairs/iceland-in-europe/european-economic-area/](https://government.is/topics/foreign-affairs/iceland-in-europe/european-economic-area/) - [https://www.government.is/topics/foreign-affairs/legal-affairs/sanctions/](https://www.government.is/topics/foreign-affairs/legal-affairs/sanctions/) - [https://www.government.is/topics/foreign-affairs/legal-affairs/export-control/](https://www.government.is/topics/foreign-affairs/legal-affairs/export-control/) - [https://www.faxafloahafnir.is/en/](https://www.faxafloahafnir.is/en/) *Last verified: 2026-07-22* --- *Freight Academy — Country Profile: [https://www.freight-academy.com/en/information/land/is](https://www.freight-academy.com/en/information/land/is)* *Markdown mirror: [https://www.freight-academy.com/api/md/country/en/is](https://www.freight-academy.com/api/md/country/en/is)*