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Europe & Central Asia · IS

India Iceland

India exported USD 12.4 mn to Iceland in 2024, led by HS 29, and imported USD 11.4 mn. Here are the documents, the gateways and how SSL moves your cargo on the India side.

  • AgreementIndia-EFTA Trade and Economic Partnership Agreement (TEPA)
  • CurrencyISK kr
  • Time−5h30 vs IST
  • CapitalReykjavik
  • AccessCoastal
Get a quote for Iceland How exporting works
  • Road
  • Sea
  • Air
  1. Road leg in India to the gateway, SSL fleet · Road
  2. Sea leg to Iceland · Sea
  3. Air leg to Iceland · Air

Road in India, then sea or air onward

Exports from India
USD 12.4 mn
Imports into India
USD 11.4 mn
Trade partner rank
#168

Happiness, on this lane, is the buyer in Reykjavik whose goods arrive on the promised day, and the shipper in India who never has to chase.

At a glance

Region
Europe & Central AsiaNorthern Europe
Income group
High incomeWorld Bank
Currency
ISKIcelandic króna
Languages
Icelandic
Capital
Reykjavik
Time
−5h30 vs ISTUTC+00:00
Access
Coastal
Trade partner rank
#1680.002% of India's trade

Trade agreements: Preferential access under: India-EFTA Trade and Economic Partnership Agreement (TEPA). Sources: World Bank country classification; ISO 4217 and languages via mledoze/countries; IANA time zones; agreements per India Briefing FTA tracker and Invest India.

Ship from India to Iceland

USD 12.4 mnIndia's exports to Iceland, 2024 (FOB)
0.00%of India's exports to the world
USD 23.8 mntwo-way trade, 2024
India's top exports to Iceland, 2024
  1. HS 29 Organic chemicals USD 5.0 mn41%
  2. HS 72 Iron and steel USD 1.7 mn14%
  3. HS 56 Wadding, felt and nonwovens, special yarns USD 1.0 mn8%
  4. HS 76 Aluminium and articles thereof USD 831 thousand7%
  5. HS 63 Textiles, made up articles USD 475 thousand4%

Gateways in Iceland

Seaports: Not yet sourced for this page. Our desk confirms the right port when it quotes.

Airports: Akureyri International Airport (AEY) · Keflavik International Airport (KEF)

OurAirports: large (else medium) airports with scheduled service and an IATA code. Direct service from India NOT verified.

Transit time

No public port-to-port benchmark is published here yet. We do not guess one: our desk gives you the current sailing or flight time with the quote.

Source: UN Comtrade, 2024. India as reporter; exports FOB, imports CIF; general trade, all modes; HS 2022 (H6) chapters. Retrieved 29 Sep 2026.

Import from Iceland to India

USD 11.4 mnIndia's imports from Iceland, 2024 (CIF)
48%of the two-way trade is India buying
India's top imports from Iceland, 2024
  1. HS 72 Iron and steel USD 5.5 mn48%
  2. HS 15 Animal, vegetable or microbial fats and oils and their cleavage produ… USD 1.9 mn16%
  3. HS 88 Aircraft, spacecraft, and parts thereof USD 1.6 mn14%
  4. HS 90 Optical, photographic, cinematographic, measuring, checking, medical… USD 973 thousand9%
  5. HS 32 Tanning or dyeing extracts USD 679 thousand6%

On arrival in India the importer files a bill of entry on ICEGATE; customs assesses basic customs duty, the social welfare surcharge and IGST on the assessable value. To pay the lower rate under India-EFTA Trade and Economic Partnership Agreement (TEPA), the importer must hold origin proof and answer CAROTAR 2020 origin checks. Read the import guide →

How SSL moves it

Road in India, then sea or air onward

India leg: by road to the Indian gateway

SSL's fleet moves your cargo by road to and from India's ports and airports.

International leg. The international sea or air leg is arranged by our desk, and our desk arranges customs clearance.

Ask our desk for a quote Email the desk

Outside India? Email (corporatesales@sslpl.in) is the easiest way for our desk to reply across time zones. WhatsApp +91 75062 45557 works too.

Documents

General guidance: verify every shipment with your customs broker and the current DGFT and CBIC notifications.

IEC
An Importer-Exporter Code from DGFT is needed for any commercial shipment to or from Iceland. Guide →
HS code
Classify every line under the HS nomenclature; India's largest export chapter to Iceland in 2024 was HS 29. The 8-digit ITC(HS) code goes on the shipping bill. Guide →
Incoterms
State one Incoterms 2020 rule on the invoice. FOB or CIF suit a port-to-port sea leg; FCA or CPT suit containers handed over inland. Guide →
Certificate of origin
Preferential CoO available under: India-EFTA Trade and Economic Partnership Agreement (TEPA) Guide →

Questions about shipping between India and Iceland

Does India have a free trade agreement with Iceland?
Yes. Goods can qualify for preferential duty under India-EFTA Trade and Economic Partnership Agreement (TEPA), provided they meet the rules of origin and carry a preferential certificate of origin. Source: India Briefing FTA tracker / Invest India, 2026.
What does India export to Iceland?
India exported USD 12.4 mn of goods to Iceland in 2024. The largest chapters were HS 29 organic chemicals (USD 5.0 mn), HS 72 iron and steel (USD 1.7 mn), HS 56 wadding, felt and nonwovens, special ya… (USD 1.0 mn). That is 0.00% of India's exports to the world. Source: UN Comtrade, India as reporter, 2024, exports FOB.
What does India import from Iceland?
India imported USD 11.4 mn from Iceland in 2024, mainly HS 72 iron and steel (USD 5.5 mn), HS 15 animal, vegetable or microbial fats and… (USD 1.9 mn), HS 88 aircraft, spacecraft, and parts thereof (USD 1.6 mn). To claim a lower agreement rate on these goods, the importer needs origin proof under CAROTAR 2020. Source: UN Comtrade, India as reporter, 2024, imports CIF.
How big is India-Iceland trade?
Two-way goods trade between India and Iceland was USD 23.8 mn in 2024, 0.002% of India's total, which ranks Iceland number 168 among India's trading partners. India exports more than it imports on this lane. Source: UN Comtrade, India as reporter, 2024.
How long does shipping from India to Iceland take?
No public port-to-port benchmark for India to Iceland is published on this page yet. Our desk confirms the current sailing or flight time for your cargo when it quotes. Source: SSL global dataset, 29 Sep 2026.
What certificate of origin do I need to export to Iceland?
A preferential certificate of origin under India-EFTA Trade and Economic Partnership Agreement (TEPA) lets the buyer in Iceland claim the lower duty; both kinds are issued through the DGFT e-CoO platform (coo.dgft.gov.in). Check the buyer's letter of credit or import rules for the exact form. Source: DGFT, 2026.
What is the time difference between India and Iceland?
Reykjavik runs at UTC+00:00 in 2026, which is −5h30 vs IST. Plan calls and cut-offs with our desk in IST; we reply by email across time zones. Source: IANA time-zone database, 2026.
Does Safe & Secure Logistics clear customs for Iceland shipments?
Yes. Our desk arranges clearance for your shipment, or works with your own broker, while SSL's fleet runs the road leg in India. Our desk shares the operator's licence and documents for your shipment on request. Source: SSL site facts, 29 Sep 2026.

Keep exploring

Data: UN Comtrade 2024 · retrieved 29 Sep 2026. Company figures appear only where sourced from SSL's own register.

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