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Who buys Iceland’s unwrought aluminum? Export destinations 2024

In 2024, Iceland exported $2 billion of unwrought aluminum (861 thousand tonnes), 2.6% of the world total. Its main destinations were the Netherlands (42%), Germany (16%) and Poland (12%). Iceland was the world’s 11th-largest exporter of unwrought aluminum.

Summary

Value
$2billion
Tonnes
861thousand tonnes
Share of world total
2.6%
World rank
11th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
Netherlands re-exports853Tonnes: 471,407USD per tonne: $1,80942.4%Sea
Germany320Tonnes: 89,022USD per tonne: $3,59315.9%Sea
Poland239Tonnes: 81,167USD per tonne: $2,95011.9%Sea
United Kingdom111Tonnes: 41,636USD per tonne: $2,6725.5%Sea
France110Tonnes: 42,586USD per tonne: $2,5835.5%Sea
Spain96.6Tonnes: 36,533USD per tonne: $2,6454.8%Sea
Czechia78.9Tonnes: 27,025USD per tonne: $2,9213.9%Sea
Portugal28.9Tonnes: 10,345USD per tonne: $2,7931.4%Sea
Austria27.4Tonnes: 8,346USD per tonne: $3,2821.4%Sea
Slovakia24.5Tonnes: 8,983USD per tonne: $2,7231.2%Sea
Sweden21.4Tonnes: 9,278USD per tonne: $2,3071.1%Sea
Australia18.7Tonnes: 6,737USD per tonne: $2,7810.93%Sea
Morocco18.6Tonnes: 6,121USD per tonne: $3,0430.93%Sea
Belgium re-exports17.9Tonnes: 6,319USD per tonne: $2,8340.89%Sea
Turkey9.3Tonnes: 3,525USD per tonne: $2,6470.46%Sea
Greece8.9Tonnes: 3,028USD per tonne: $2,9360.44%Sea
Slovenia8Tonnes: 2,739USD per tonne: $2,9280.4%Sea
Luxembourg5Tonnes: 1,803USD per tonne: $2,7920.25%Sea
Switzerland3.2Tonnes: 1,077USD per tonne: $2,9760.16%Sea
Ireland2.5Tonnes: 875USD per tonne: $2,8710.13%Sea

Trend

Who it sells to

The Netherlands has been its main destination since 2012

Value in USD billions. The five largest destinations in 2024.

  • Netherlands 0.85
  • Germany 0.32
  • Poland 0.24
  • United Kingdom 0.11
  • France 0.11

Source: CEPII BACI

Show the numbers
Partner19952024
Netherlands< 0.010.85
Germany0.10.32
Poland00.24
United Kingdom0.050.11
France00.11

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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