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| SECTOR | IMPORTS | 5Y/YR | RANK | EXPORTS | 5Y/YR | RANK |
|---|---|---|---|---|---|---|
| Industrial Machinery | $125.7M | +10.9% | 119 | $13.8M | -12.8% | 93 |
| Automation and Robotics | $96.9M | +23.5% | 87 | $11.3M | +7.9% | 79 |
| Pumps and Valves | $90.2M | +11.3% | 114 | $5.49M | +5.8% | 101 |
| Material Handling | $84.5M | +0.8% | 97 | $32.0M | -0.5% | 60 |
| Food Processing Equipment | $52.3M | +2.3% | 103 | $24.2M | -14.0% | 62 |
| Steel and Metal Products | $531.4M | +3.9% | 122 | $2.63B | +2.1% | 57 |
| Specialty Chemicals | $198.3M | +2.6% | 117 | $20.6M | +23.3% | 109 |
| Plastics and Polymers | $294.3M | +11.1% | 120 | $30.8M | +10.0% | 114 |
| Packaging | $135.3M | +5.7% | 98 | $10.7M | +0.6% | 117 |
| Industrial Textiles | $32.1M | +3.2% | 111 | $5.92M | +1.0% | 88 |
| Electrical Equipment | $707.7M | +5.9% | 75 | $49.7M | -1.1% | 89 |
| Semiconductors and Industrial Electronics | $16.4M | +1.0% | 133 | $6.00M | +9.2% | 89 |
| Automotive Components | $139.0M | +6.6% | 123 | $2.59M | +4.6% | 120 |
| Aerospace Components | $126.6M | +8.9% | 69 | $12.8M | -23.3% | 88 |
| Medical Devices | $115.5M | +10.7% | 97 | $549.6M | +25.6% | 42 |
| Construction Materials | $119.5M | +8.7% | 121 | $3.22M | -0.5% | 134 |
| HVAC and Industrial Refrigeration | $66.6M | +10.1% | 126 | $7.34M | -6.3% | 88 |
| Power Generation Equipment | $41.3M | +24.3% | 114 | $2.90M | +13.4% | 97 |
| Water Treatment Equipment | $35.7M | +26.8% | 87 | $1.32M | +7.6% | 89 |
| Mining Equipment | $98.7M | +9.4% | 119 | $27.0M | +26.5% | 74 |
World Bank, World Development Indicators (CC BY 4.0)
Norway's MMC First Process signed a contract with Samherji Fiskeldi to deliver a complete fish logistics system, including pumps and sorting machines, for the Eldisgardur land-based salmon farm under construction in Reykjanes. The farm is expected to be operational in the first half of 2027. The article is dated 10 July 2025.
Reykjavik Creamery is investing in a new fully automatic wraparound case packer from BW Integrated Systems, capable of filling up to 35 cases per minute.
