Iceland

Iceland, located in the North Atlantic, is a strategic logistics hub for transatlantic trade. Its position between North America and Europe makes it a vital stopover for air and maritime traffic. The Port of Reykjavik serves as the primary cargo hub, while Keflavik International Airport facilitates efficient air cargo operations. Iceland’s economy relies on exports such as seafood and aluminum, supported by its logistics infrastructure. Its emphasis on renewable energy and sustainable practices aligns with modern logistics trends, enhancing its role in international trade.

Continent
Europe

Capital
Reykjavik

Currency
Icelandic Krona (ISK)

Import VAT %
24%

Carrier Options
Courier or freight
forwarder

Documents Required
CIPL, Datasheets

Key Imports
Machinery, vehicles, petroleum, foodstuffs, chemicals

Top Exports
Fish, aluminum, machinery, pharmaceuticals, textiles

Opportunities
Renewable energy, IT services, fisheries, tourism, logistics

IT Logistics & Economics in Iceland
Iceland imports IT hardware, software, and telecommunications tools to support its burgeoning tech ecosystem, particularly in data center operations and renewable energy technologies. The country’s unique combination of abundant, affordable renewable energy and cool climate makes it a prime location for energy-efficient data centers. Imports focus on cutting-edge computing infrastructure and networking equipment to support industries like finance, healthcare, and logistics. Iceland is also a growing exporter of niche IT solutions, particularly in sustainable technologies and software for renewable energy management. The government’s commitment to digital innovation is evident through initiatives like the Iceland 2025 Strategy, which emphasizes connectivity and technological advancement. Iceland’s collaborations with international tech firms and research institutions have positioned it as a leader in green IT. The country’s focus on innovation, combined with its highly educated workforce and robust digital infrastructure, enhances its role in global IT trade, particularly in the fields of sustainability and energy-efficient technologies

Here's how MCGlobe can help you in Iceland
MCGlobe provides specialized logistics solutions in Iceland, a trade hub for seafood exports and renewable energy projects. We manage exports of fish, aluminum, and geothermal technology while facilitating imports of machinery, electronics, and consumer goods. Our services include expert customs clearance, warehousing solutions near Reykjavik, and transportation tailored to Iceland’s unique geography. By leveraging Iceland’s trade agreements and its strategic location between Europe and North America, MCGlobe ensures seamless global connectivity for businesses. For seafood and renewable energy industries, we offer tailored end-to-end supply chain management, prioritizing efficiency and sustainability. By integrating eco-friendly logistics practices and advanced tracking systems, MCGlobe supports Iceland’s commitment to green trade. Whether exporting fresh seafood to international markets or managing large-scale imports for local industries, MCGlobe delivers reliable, cost-effective solutions for businesses in Iceland’s dynamic economy.
At MCGlobe, we specialize in Importer of Record (IOR) and Exporter of Record (EOR) solutions, ensuring seamless logistics across diverse countries. Our end-to-end expertise simplifies compliance, documentation, and customs clearance, enabling IT businesses to operate efficiently and focus on scaling innovation without disruptions.
Shipping IT & Telecom Equipment to New Greece's Diverse Industries:
Tech industry:
Iceland is a hub for data centers and renewable energy-powered IT infrastructure. Demand for telecom and IT equipment is high, driven by cloud adoption and networking needs. Shipping to Iceland is efficient, supported by established trade routes.
Medical industry:
Iceland’s healthcare sector is advanced, with significant reliance on IT systems for telemedicine, diagnostics, and patient management. Importing medical IT equipment is seamless, supported by robust trade policies.
Automotive Industry:
Iceland’s automotive sector is small but focused on logistics and fleet management. IT systems for automation and logistics optimization are in demand. Shipping IT equipment to Iceland is efficient and well-supported by its trade infrastructure.
Aviation industry:
Iceland’s aviation industry is critical for connectivity, with ongoing investments in IT systems for air traffic management and airport operations. Shipping to this sector is smooth, supported by Iceland’s strong logistics network.
