# Iceland Textiles and apparel Export Opportunities (HS 50-63)

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> Yugalinks sector export playbook

Explore Iceland HS 50-63 textiles and apparel export opportunities, product portfolio, buyer markets, growth signals, and diversification opportunities.

## Overview

- Exporter: Iceland (ISL)
- Sector: Textiles and apparel
- HS chapters: HS 50-63
- Latest trade year: 2024
- Sector exports: $772.6K
- Products: 14
- Buyer markets: 5
- Average CAGR: -4.3%
- Global sector size: $47.2B

## Product portfolio

| Product | Global size | Your exports | Opportunity | CAGR | Markets | Share |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| HS 611030 - Jerseys, pullovers, cardigans, waistcoats and similar articles: of man-made fibres, knitted or crocheted | $8.7B | $19.3K | $5.2B | -9.7% | 3 | +0.0% |
| HS 630790 - Textiles: made up articles (including dress patterns), n.e.c. in chapter 63, n.e.c. in heading no. 6307 | $4.7B | $6.3 | $3.9B | -20.5% | 1 | +0.0% |
| HS 630140 - Blankets (other than electric blankets) and travelling rugs: of synthetic fibres | $1.4B | $16.5 | $1.8B | +11.4% | 1 | +0.0% |
| HS 611596 - Hosiery 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) | $1.6B | $7.7K | $1.7B | +10.3% | 1 | +0.0% |
| HS 611020 - Jerseys, pullovers, cardigans, waistcoats and similar articles: of cotton, knitted or crocheted | $7.0B | $30.1K | $1.6B | +15.5% | 1 | +0.0% |
| HS 620342 - Trousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton (not knitted or crocheted) | $4.3B | $951.7 | $1.5B | -5.3% | 1 | +0.0% |
| HS 520100 - Cotton: not carded or combed | $2.9B | $696.0K | $1.4B | -5.2% | 1 | +0.0% |
| HS 620462 - Trousers, bib and brace overalls, breeches and shorts: women's or girls', of cotton (not knitted or crocheted) | $4.2B | $2.2K | $1.3B | -0.5% | 1 | +0.0% |
| HS 610910 - T-shirts, singlets and other vests: of cotton, knitted or crocheted | $2.9B | $8.9K | $1.1B | +3.3% | 1 | +0.0% |
| HS 630232 - Bed linen: of man-made fibres (not printed, knitted or crocheted) | $925.3M | $10.3 | $1.1B | -52.0% | 1 | +0.0% |
| HS 610990 - T-shirts, singlets and other vests: of textile materials (other than cotton), knitted or crocheted | $2.9B | $6.0K | $1.0B | +15.2% | 1 | +0.0% |
| HS 610463 - Trousers, bib and brace overalls, breeches and shorts: women's or girls', of synthetic fibres, knitted or crocheted | $2.3B | $547.6 | $975.5M | -4.8% | 1 | +0.0% |
| HS 630260 - Kitchen and toilet linen: of terry towelling or similar terry fabrics, of cotton | $1.9B | $521.2 | $936.3M | -0.4% | 1 | +0.0% |
| HS 620443 - Dresses: women's or girls', of synthetic fibres (not knitted or crocheted) | $1.4B | $417.0 | $795.8M | -7.1% | 1 | +0.0% |

## Best markets

- USA, Puerto Rico and US Virgin Islands (USA): $19.1B calculated opportunity across 12 products.
- Japan (JPN): $1.7B calculated opportunity across 1 products.
- Viet Nam (VNM): $1.4B calculated opportunity across 1 products.
- Germany (DEU): $1.1B calculated opportunity across 1 products.
- Republic of Korea (KOR): $1.1B calculated opportunity across 1 products.

## Growth stars

- HS 611020: +15.5% average CAGR, $1.6B calculated opportunity.
- HS 610990: +15.2% average CAGR, $1.0B calculated opportunity.
- HS 630140: +11.4% average CAGR, $1.8B calculated opportunity.
- HS 611596: +10.3% average CAGR, $1.7B calculated opportunity.
- HS 610910: +3.3% average CAGR, $1.1B calculated opportunity.
- HS 630260: -0.4% average CAGR, $936.3M calculated opportunity.
- HS 620462: -0.5% average CAGR, $1.3B calculated opportunity.
- HS 610463: -4.8% average CAGR, $975.5M calculated opportunity.
- HS 520100: -5.2% average CAGR, $1.4B calculated opportunity.
- HS 620342: -5.3% average CAGR, $1.5B calculated opportunity.

## Diversification opportunities

- HS 611030: 3 buyer markets, $5.2B calculated opportunity.
- HS 630790: 1 buyer markets, $3.9B calculated opportunity.
- HS 630140: 1 buyer markets, $1.8B calculated opportunity.
- HS 611596: 1 buyer markets, $1.7B calculated opportunity.
- HS 611020: 1 buyer markets, $1.6B calculated opportunity.
- HS 620342: 1 buyer markets, $1.5B calculated opportunity.
- HS 520100: 1 buyer markets, $1.4B calculated opportunity.
- HS 620462: 1 buyer markets, $1.3B calculated opportunity.
- HS 610910: 1 buyer markets, $1.1B calculated opportunity.
- HS 630232: 1 buyer markets, $1.1B calculated opportunity.

## Method

Reported trade observations and calculated indicators are shown separately. Validate buyers, standards, logistics, pricing, and competition before acting. [Read the Yugalinks methodology](https://www.yugalinks.com/methodology).

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). [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.