CARGO TRANSPORTATION LANE VIETNAM AND ICELAND

Iceland is an important trading partners of Vietnam. In this article, HP Global overviews some key points related to the transportation of cargo import from Iceland to Vietnam and export from Vietnam to Iceland.

Trade Turnover Vietnam – Iceland Annually

Import – Export Turnover Vietnam – Iceland

Period 2016 – 2025

Unit: Million USD

	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Export (from Vietnam)	–	–	–	–	–	–	–	–	3,11	6,51
Import	–	–	–	–	–	–	–	–	4,42	10,07
Total trade	–	–	–	–	–	–	–	–	7,53	16,58
Trade Balance	–	–	–	–	–	–	–	–	(1,32)	(3,56)

Source: Re-arrange from Statistics of Vietnam Customs Department

Export Turnover from Vietnam to Iceland per Commodities

Which commodities does Vietnam export to Iceland?

Export value from Vietnam to Iceland

Country/Territory-Main imports	Units	2024		2025		Compare turnover
		Volume	Value (USD)	Volume	Value (USD)
Iceland			3.105.409		6.508.703	209,59%
Chemicals	USD		289.908		401.774	138,59%
Foot-wears	USD		428.141		643.966	150,41%
Iron and steel products	USD		241.174		277.365	115,01%
Machine, equipment, tools and instruments	USD		128.715		205.365	159,55%
Other products	USD		2.017.471		4.980.232	246,86%

Source: Statistics from Vietnam Customs Department

Import Turnover from Iceland to Vietnam per Commodities

Which commodities does Vietnam import from Iceland?

Import value from Iceland to Vietnam

Country/Territory-Main imports	Units	2024		2025		Compare turnover
		Volume	Value (USD)	Volume	Value (USD)
Iceland			4.423.455		10.067.454	227,59%
Fishery products	USD		3.335.485		4.802.669	143,99%
Computers, electrical products, spare-parts and components thereof	USD		122.683		1.482.677	1208,54%
Machine, equipment, tools and instruments	USD		345.521		3.287.878	951,57%
Other products	USD		619.765		494.230	79,74%

Source: Statistics from Vietnam Customs Department

Shipping Time Vietnam Iceland

Name of ports/airport and shipping times between Vietnam – Iceland

-> See the Article: Cargo Shipping Vietnam – Iceland

Trade relations between Vietnam and Iceland

HP Global Logistics offers tax consultation services, import procedures, and customs services for the import and export of goods in Vietnam Iceland. For inquiries, please contact our hotline at +84 886 115 726 or +84 984 870 199.

Vietnam and Iceland have the mutual most-favored nation (MFN) agreement, however, until now, there is no Free Trade Agreement between the two Countries. Cargo imported from Iceland to Vietnam can enjoy preferential import duty.

→ To check the updated trade relations (MFN, FTAs) between Vietnam and Iceland at the article: Overview Of Trade Relations Between Vietnam And The World

Check import/export duty to/from Vietnam?

To check the update import duty / export duty for cargo import to / export from Vietnam to Iceland, you can contact HP Global via email info@hpgloballtd.com or hotline ++84 886115726 / ++84 984870199 or search on website hptoancau.com as instructed in the image below

Select HP Global as the freight forwarder for your shipments Vietnam – Iceland

HP Global is a freight forwarder with a top reputation in Vietnam.

→ Contact us for freight and inbound and outbound services for shipments to/from Vietnam – Email: info@hpgloballtd.com

Logistics HP Global Vietnam

Freight forwarder, Customs Broker and Vietnam Import/export license

Building No. 13, Lane 03, N003, Van Khe, Ha Dong, Hanoi

Website: hpgloballtd.com / hptoancau.com

Email: info@hpgloballtd.com

Phone: ++84 24 73008608 / Hotline: ++84 984870199/ ++84 8 8611 5726/ Whatsapp: ++84 865996476

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