What is the U.S. trade balance with Iceland in services?

In 2024, the U.S. ran a $1.7B services deficit with Iceland — exporting $467.0M and importing $2.1B.

What services does Iceland export to the United States?

Iceland's top services exports to the U.S. include travel, transport, business services, and financial services. Exact category amounts are below; some smaller categories are suppressed by BEA for confidentiality.

Where does this services trade data come from?

Annual data is published by the U.S. Bureau of Economic Analysis (BEA) under the International Services Trade dataset. Most countries report annually; a small number include quarterly detail.

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Source data: U.S. Census Bureau Schedule B / HTS, BEA International Services. Provided for informational purposes; may differ from official sources.

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U.S. Trade with Iceland

#97 U.S. Trade PartnerLast updated: February 2026 data

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Iceland

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U.S. Trade with Iceland

#97 U.S. Trade PartnerLast updated: February 2026 data

Overview
Imports
Exports
Services
Trends
Companies

Annual data from Bureau of Economic Analysis (BEA) | Latest: 2024

U.S.–Iceland Services Trade in 2024

In 2024, the United States exported $467.0M in services to Iceland and imported $2.1B, running a $1.7B services deficit. Source: U.S. Bureau of Economic Analysis (BEA).

Services Exports

$467.0M

To Iceland (2024, Annual)

Services Imports

$2.1B

From Iceland (2024, Annual)

Services Trade Balance

-$1.7B

U.S. services deficit with Iceland

Frequently asked questions

What is the U.S. trade balance with Iceland in services?: In 2024, the U.S. ran a $1.7B services deficit with Iceland — exporting $467.0M and importing $2.1B.
What services does Iceland export to the United States?: Iceland's top services exports to the U.S. include travel, transport, business services, and financial services. Exact category amounts are listed above; some smaller categories are suppressed by BEA for confidentiality.
Where does this services trade data come from?: Annual data is published by the U.S. Bureau of Economic Analysis (BEA) under the International Services Trade dataset.

See full U.S. services trade data Services trade statistics

U.S.–Iceland Services Trade 2024: $467.0M Exports, $2.1B Imports