Overview In March 2023, United States exported $29.9M and imported $67.2M from Iceland, resulting in a negative trade balance of $37.2M. Between March 2022 and March 2023 the exports of United States have decreased by $-35.9M (-54.5%) from $65.8M to $29.9M, while imports increased by $3M (4.68%) from $64.2M to $67.2M.
Trade In March 2023, the top exports of United States to Iceland were Aircraft Parts ($51M), Commodities not elsewhere specified ($3.42M), Broadcasting Equipment ($974k), Cars ($931k), and Electrical Transformers ($688k). In March 2023 the top imports of United States from Iceland were Fish Fillets ($20.2M), Non-fillet Fresh Fish ($5.77M), Hydrometers ($5.27M), Orthopedic Appliances ($3.22M), and Water ($2.96M).
Origins In March 2023 the exports of United States were mainly from Maine ($6.32M), New Jersey ($5M), California ($2.05M), Florida ($1.32M), and Minnesota ($760k), while imports destinations were mainly Massachusetts ($27.4M), California ($14.5M), New York ($4.82M), New Jersey ($3.16M), and Illinois ($2.71M).
Growth In March 2023, the decrease in United States's year-by-year exports to Iceland was explained primarily by an decrease in product exports in Broadcasting Equipment ($-1.3M or -57.2%), Hydrometers ($-1.21M or -95.1%), and Commodities not elsewhere specified ($-936k or -21.5%). In March 2023, the increase in United States's year-by-year imports from Iceland was explained primarily by an increase in product imports in Non-fillet Fresh Fish ($2.46M or 74.4%), Water ($2.09M or 241%), and Ferroalloys ($2.09M or 298%).
United States / Iceland 
