# Iceland exports to Mexico: Trade Route Risk | Yugalinks

Understand reported exports from Iceland to Mexico, the product routes that need a closer look, and the conditions that may affect planning.

Canonical: https://www.yugalinks.com/trade/corridor/ISL-MEX/risk

## Route overview

In 2024, Iceland reported $2.8M in goods exports to Mexico. The overall review level is Stable.

## How to read this page

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

## Key numbers

| Measure | Value | What it means |
| --- | ---: | --- |
| Latest reported exports | $2.8M | 2024 route total |
| Exports needing review | 0% | Share of route exports |
| Highest-priority products | 0 | Need the closest review |
| Products needing review | 0 | High-attention product types |
| Export volatility | 1.5 | Higher means bigger yearly swings |
| Below highest year | 2.8% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 150420 | Fats and oils and their fractions: of fish, (excluding liver-oils) | $18.2M | 0% | Watch |
| 2 | 842833 | Elevators and conveyors: continuous-action, belt type, for goods or materials | $231.0M | 0% | Watch |
| 3 | 151790 | Edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this chapter, other than edible fats or oils of heading no. 1516 | $87.8M | 17% | Watch |
| 4 | 842381 | Weighing machines: other than personal, conveyor or constant weight scales, having a maximum weighing capacity not exceeding 30kg (excluding balances of a sensitivity of 5cg or better) | $21.6M | 0% | Watch |
| 5 | 030481 | Fish 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) | $152.3M | 0% | Watch |
| 6 | 151419 | Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified | $155.7M | 0% | Watch |
| 7 | 150710 | Vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified | $59.3M | 0% | Watch |
| 8 | 151710 | Margarine: excluding liquid margarine | $27.9M | 0% | Watch |

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.