Fish oil in Iceland | The Observatory of Economic Complexity

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Exports In 2022, Iceland exported $226M in Fish oil, making it the 5th largest exporter of Fish oil in the world. At the same year, Fish oil was the 9th most exported product in Iceland. The main destination of Fish oil exports from Iceland are: Norway ($112M), Denmark ($31.2M), United Kingdom ($29.3M), United States ($22.4M), and Germany ($6.13M).

The fastest growing export markets for Fish oil of Iceland between 2021 and 2022 were Norway ($79.5M), Denmark ($20.6M), and United Kingdom ($17.6M).

Imports In 2022, Iceland imported $9.98M in Fish oil, becoming the 38th largest importer of Fish oil in the world. At the same year, Fish oil was the 145th most imported product in Iceland. Iceland imports Fish oil primarily from: Morocco ($4.49M), Peru ($1.24M), France ($876k), Germany ($755k), and Seychelles ($674k).

The fastest growing import markets in Fish oil for Iceland between 2021 and 2022 were Morocco ($857k), Peru ($726k), and Seychelles ($424k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Fish oil from Iceland to the United States.

Feb 2024

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Fish oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$226M

IMPORTS (2022)$9.98M

NET TRADE (2022)$216M

In 2022, Iceland exported $226M in Fish oil. The main destinations of Iceland exports on Fish oil were Norway ($112M), Denmark ($31.2M), United Kingdom ($29.3M), United States ($22.4M), and Germany ($6.13M).

In 2022, Iceland imported $9.98M in Fish oil, mainly from Morocco ($4.49M), Peru ($1.24M), France ($876k), Germany ($755k), and Seychelles ($674k).