• Iceland-China Cooperation  >> Icelandic Imports From China

   

China has become Iceland’s biggest supplier in Asia, with increased trade volume and variety over the years. 

In spite of the economic difficulties in Iceland, Iceland’s imports from China in 2009 still stood the second highest in the past decade, i.e. ISK 22 billion (about USD 150 million), not including the exceptional trade of aircraft and aircraft components. 








China exports a wide range of manufactured products, with more and more growth in industrial and hi-tech products, including electronics, machinery and equipment.

Chinas exports to Iceland are expected to grow further, as more and more Icelandic companies are looking at China for sourcing and local production.