Trade route overview

Iceland exports to Israel
route risk review

See the latest reported exports, the products that need a closer look, and the conditions that may make this route harder to plan.

ISL-ISR2024 reported exports11 product typesStable review level
Latest reported exports$1.9M2024 route total
Highest-priority products0Need the closest review
Products needing review0High-attention product types
Exports needing review0%Share of route exports
Overall review levelStableBased on available indicators

What this page shows

What should a business review on this route?

In 2024, Iceland reported $1.9M in goods exports to Israel. 0 product types are marked for closer review, covering 0% of reported exports. This is not a forecast and does not mean trade will stop. It shows where to look more closely at demand, annual changes, product mix, tariffs, and buyer-market conditions.

How to read this page

Three simple ideas explain the route

This page separates the size of the trade from the conditions worth checking and the product types that make up the route.

01 - Trade value

How much is traded?

This is the reported value of goods exported from Iceland to Israel in the latest available year.

$1.9M in 2024
02 - Review level

What does "high attention" mean?

It marks product types where one or more conditions deserve a closer look. It is not a prediction, a guaranteed loss, or a warning that trade will stop.

0% needs review
03 - Product code

What is a product type?

Each row is one HS6 product code. HS6 is the international six-digit code used to describe and compare traded goods.

11 product types

Start with the products

See the product rows behind the review level.

Compare the products, their buyer-market size, and the conditions that deserve a closer look.

Export history

How much was exported each year?

The latest twelve years of reported exports from Iceland to Israel. Bar lengths are relative to the highest year shown.

Latest annual total$3.8M2024 annual history
Highest year$21.2M2014 annual history
Latest below highest82%Difference from the highest year

Why this route needs review

What is behind the review signal?

A dollar amount can appear in more than one row. These rows show the conditions linked to the route; they are not separate losses.

What to reviewBar shows relative sizeExport value linked to it
Large year-to-year swings
$884.8K
Still below the previous high
$228.1K
Buyer demand is falling
$0.0
Product mix is concentrated
$909.2K
Tariffs and access rules
$0.0
Buyer economy is under pressure
$0.0

How to read the numbers

What do these measures tell us?

These measures describe yearly swings, the gap from the route's highest year, and how concentrated the product mix is.

Export volatility0.9Higher means bigger yearly swings
Below highest year32.8%Compared with the route's best year
Product concentration (HHI)2,7610-10,000 scale; higher means fewer products dominate
Largest product share45.9%Share from the biggest product

Largest product

Fish preparations: fish minced or in forms n.e.c. in heading no. 1604, prepared or preserved

Product code HS6 160420 makes up 45.9% of exports from Iceland to Israel. The main reason to review it is: No main reason was reported.

See product rows
Exports of this product$862.3K2024 reported value

Products to review

Which product types need a closer look?

Each row is one six-digit HS6 product code. Compare the buyer market's imports, the product's fall from its highest year, annual variation, and review level.

Top product types10 shown - 2024 values
Top product types for Iceland exports to Israel
RankProduct and codeBuyer-market importsBelow product highYearly variationReview level
1Fish preparations: fish minced or in forms n.e.c. in heading no. 1604, prepared or preservedHS6 160420 - six-digit product code$13.5M30.8%1.1Watch
2Fish fillets: frozen, salmon, Pacific (Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou, Oncorhynchus rhodurus), Atlantic (Salmo salar), and Danube (Hucho hucho)HS6 030481 - six-digit product code$268.8M42.6%0.9Watch
3Hosiery and footwear: without applied soles, of cotton, knitted or crocheted (excluding graduated compression hosiery, panty hose, tights, full or knee-length hosiery measuring per single yarn less than 67 decitex)HS6 611595 - six-digit product code$28.0M61.9%0.6Watch
4Vehicles: n.e.s. in heading no. 8716HS6 871680 - six-digit product code$27.2M3%0.1Watch
5Hosiery and footwear: without applied soles, of synthetic fibres, knitted or crocheted (excluding graduated compression hosiery, panty hose, tights, full or knee-length hosiery measuring per single yarn less than 67 decitex)HS6 611596 - six-digit product code$22.0M0%0.4Watch
6Fish: fresh or chilled, Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99HS6 030214 - six-digit product code$22.5M64.2%0.9Watch
7Glass mirrors: framed, excluding rear-view mirrors for vehiclesHS6 700992 - six-digit product code$17.7M0%0Watch
8Furniture: of cane, osier, or similar materials (other than bamboo or rattan)HS6 940389 - six-digit product code$29.3M0%1Watch
9Seats: with metal frames, not upholstered, (excluding medical, surgical, dental, veterinary or barber furniture)HS6 940179 - six-digit product code$26.9M84.8%0.9Watch
10Thermometers and pyrometers: (other than liquid filled, for direct reading), not combined with other instrumentsHS6 902519 - six-digit product code$16.2M34.3%1Stable

Buyer-market imports are total imports of that product into the buyer market, not only exports from Iceland. "Below product high" compares current exports with that product's highest reported year. Yearly variation is a calculated measure. Swipe sideways on a small screen to see every column.

Trade route conditions

What else can affect this route?

Distance, tariffs, trade agreements, the buyer economy, and business rules add context to the export total.

Distance between markets5,243 kmApproximate route distance
Trade agreement (FTA)YesReported agreement coverage
Average import tariff5.2%Average tax applied to imports
Buyer economy size$481.6B2024 gross domestic product
Buyer GDP per person$51.4KCurrent-dollar measure
Buyer economy outlookResilientAvailable buyer-economy context
Shared land borderNoDo the markets share a border?
Shared official languageNoReported common official language
Similar legal systemNoReported legal similarity
Shared religionNoReported cultural similarity
Language similarityNot reportedCommon spoken-language score
Business setup time11 daysDays to register a business

Questions about this page

Simple answers about this route

Definitions and limits for the figures above.

What does "high attention" mean?

High attention means one or more conditions on these product types deserve a closer look. It is not a prediction that trade will stop or that a loss is certain.

How much did Iceland export to Israel?

Iceland reported $1.9M in goods exports to Israel in 2024.

What does "exports needing review" mean?

0% of reported route exports are linked to product types marked for closer review. This points to where to investigate further.

What is an HS6 code?

An HS6 code is the international six-digit code used to describe and compare traded goods.

What conditions are shown?

The page shows yearly export changes, product concentration, tariffs, distance, trade-agreement coverage, buyer-economy context, and business setup time where reported.

Is this a forecast?

No. These are reported or calculated observations, not forecasts or guarantees.

Continue your research

Compare this route with products and markets.

Use the workspace to investigate which products, buyer conditions, and routes deserve attention.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.