# Portugal exports to Iceland: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Portugal reported $9.4M in goods exports to Iceland. The overall review level is Watch.

## 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 | $9.4M | 2024 route total |
| Exports needing review | 40.4% | Share of route exports |
| Highest-priority products | 0 | Need the closest review |
| Products needing review | 2 | High-attention product types |
| Export volatility | 1.5 | Higher means bigger yearly swings |
| Below highest year | 41.7% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 842139 | Machinery: for filtering or purifying gases, other than intake air filters for internal combustion engines | $29.9M | 65.3% | High attention |
| 2 | 271019 | Not reported | $884.6M | 17.3% | Watch |
| 3 | 721420 | Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling | $17.2M | 52.2% | High attention |
| 4 | 870210 | Vehicles: public transport type (carries 10 or more passengers), compression-ignition internal combustion piston engine (diesel or semi-diesel) | $37.4M | 59.4% | Watch |
| 5 | 220421 | Wine: still, in containers holding 2 litres or less | $24.3M | 3.3% | Stable |
| 6 | 901580 | Surveying equipment: articles n.e.c. in heading no. 9015, including hydrographic, oceanographic, hydrological, meteorological or geophysical instruments and appliances (excluding compasses) | $12.3M | 39.6% | Watch |
| 7 | 300490 | Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale | $188.3M | 61.3% | Watch |
| 8 | 210690 | Food preparations: n.e.s. in item no. 2106.10 | $62.4M | 0% | Watch |
| 9 | 940161 | Seats: with wooden frames, upholstered, (excluding medical, surgical, dental, veterinary or barber furniture) | $14.5M | 45.4% | Watch |
| 10 | 940360 | Furniture: wooden, other than for office, kitchen or bedroom use | $31.2M | 72.6% | 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.