US Tariff Exposure
US Tariffs on Iceland
Updated August 2026 · source: USTR Section 301 & Federal Register
Iceland exports cod, haddock, and aluminum smelted using geothermal energy. A 10% tariff could slightly raise prices on Icelandic seafood and aluminum products at your local store.
Iceland tariff rates by sector
| Sector | US tariff rate | Source |
|---|---|---|
| Seafood | 10% | USTR / official |
| Aluminum | 10% | USTR / official |
| Pharmaceuticals | 10% | USTR / official |
| Ferrosilicon | 10% | USTR / official |
| Medical Equipment | 10% | USTR / official |
Iceland trade & debt exposure to the US
- U.S. Treasury Holdings $0.8B Small holdings
- Trade Deficit (Annual) $0.5B 2024 goods trade deficit
Iceland tariffs — FAQ
What is the US tariff rate on Iceland?
Iceland faces an effective US tariff of 10%, with Seafood seeing the highest sector rate at 10%. Rates are drawn from USTR Section 301 schedules and recent Federal Register actions.
Which Iceland sectors are hit hardest by US tariffs?
Seafood (10%), Aluminum (10%), Pharmaceuticals (10%).
What does Iceland's tariff impact score mean?
26/100 — FinBrio's impact score combines the headline tariff rate, how many sectors are affected, and the country's trade exposure to the US into a single 0–100 measure of how hard US trade policy hits it.
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