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Global Market · Northern Europe
Vietnam – Iceland Logistics
Iceland market information for importers and exporters: seaports, airports, economic size, trade preferences and growth potential.
Key facts
- Capital
- Reykjavik
- Region
- Northern Europe
- Population
- 0.4 million
- Area
- 103,000 km²
- Nominal GDP (2023)
- US$31 billion
- GDP per capita
- 79,051 USD
- GDP ranking
- No. 101 worldwide
- 5-year GDP growth
- 3.4%/year
- Currency
- ISK (ISK)
- Languages
- Icelandic
- Distance to Ho Chi Minh City
- 10,434 km
Economic size
In 2023, Iceland’s nominal GDP reached US$31 billion, ranking No. 101 in the world, with GDP per capita of around US$79,051. Over the past 5 years, GDP in US dollar terms grew by an average of 3.4% per year.
Growth potential
- High average income (about US$79,051 per capita), well suited to high-value consumer goods.
- Emerging market, best approached through local agents and LCL consolidation.
Trade agreements with Vietnam
Vietnam and Iceland do not currently have a free trade agreement in force. Goods are subject to the importing country’s standard duty rates.
Shipping from Vietnam to Iceland
Ocean
30–40 days
from Cat Lai / Cai Mep, depending on destination port and transshipment
Air
2–4 days
from SGN / HAN, including handling time
Distance
10,434 km
straight-line distance
Transit times are indicative estimates, not commitments. Contact us for actual vessel and flight schedules.
Major seaports
The World Port Index lists 42 ports in Iceland. The table below shows the main cargo ports.
| Port | UN/LOCODE | Size | Channel depth |
|---|---|---|---|
| Grundartangi | ISGRT | Medium | 12 m |
| Reykjavik | ISREY | Medium | 6 m |
| Seydhisfjordhur | ISSEY | Small | 23 m |
| Vestmannaeyjar | ISVES | Small | 5 m |
| Akureyri | ISAKU | Very small | 47 m |
| Keflavik | ISKEV | Very small | 23 m |
Port guides: Iceland
International airports
Iceland has 8 large and medium-sized airports. The main airports for cargo are:
| Airport | IATA | City |
|---|---|---|
| Akureyri International Airport | AEY | Akureyri |
| Keflavik International Airport | KEF | Reykjavík |
| Egilsstaðir Airport | EGS | Egilsstaðir |
| Grímsey Airport | GRY | Grímsey/Sandvík |
| Hornafjörður Airport | HFN | Höfn |
| Ísafjörður Airport | IFJ | Ísafjörður |
Services for the Vietnam – Iceland lane
AIR FREIGHT
Air Freight
Weekly block space agreements and full charters for urgent, high-value cargo.
- Express
- Charter
- DG
- Pharma
ROAD & RAIL
Road & Rail Freight
Owned GPS-tracked fleet and Vietnam – China – Europe rail freight.
- FTL
- LTL
- Cross-border
- Rail
CONTRACT LOGISTICS
Warehousing & Distribution
International-standard distribution centers run on WMS and automated conveyor systems.
- Bonded
- Cold chain
- Fulfillment
CUSTOMS & TRADE
Customs & Trade Advisory
Licensed customs brokers and FTA specialists who optimize duty rates for FDI companies.
- VNACCS
- C/O
- EVFTA
- CPTPP
PROJECT CARGO
Project & Oversized Cargo
Route surveys, lashing plans and equipment transport for industrial and energy projects.
- OOG
- Heavy-lift
- Turnkey
Are you a logistics company in Iceland?
Join Global Logistic Group’s agent network to handle shipments from Vietnam and Southeast Asia.
Frequently asked questions
How long does ocean freight from Vietnam to Iceland take?
Estimated ocean transit time is 30–40 days, depending on the origin and destination ports, carrier and number of transshipments. Global Logistic Group provides exact sailing schedules with every quote.
What are the main seaports in Iceland?
The main cargo ports in Iceland include Grundartangi, Reykjavik, Seydhisfjordhur, Vestmannaeyjar.
Which airports handle international air cargo in Iceland?
International air cargo to Iceland mainly arrives via Akureyri International Airport (AEY), Keflavik International Airport (KEF), Egilsstaðir Airport (EGS).
What trade agreements do Vietnam and Iceland have?
There is currently no free trade agreement in force between Vietnam and Iceland.
Sources: World Bank (GDP for 2023, population), NGA World Port Index, OurAirports, mledoze/countries. Figures are for reference only.