Bananas Prices in Iceland
| Variety | Market level | Price (US$/kg) | Local (ISK) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| US | Global benchmark | 1.12 | 157 | ▼ 2.6% | ▲ 2.8% | World Bank Pink Sheet |
| Europe | Global benchmark | 1.14 | 160 | ▲ 1.8% | ▲ 0.0% | World Bank Pink Sheet |
| - | Export (unit value) | 2.03 | 285 | ▲ 9.4% | ▲ 9.4% | UN Comtrade (unit value) |
As of June 2026, the bananas price in Iceland available is US$ 2.03 per kg (285 ISK), up 9.4% year-on-year.
In 2024, Iceland exported 465 tonnes of bananas valued at US$863,702, ranking #62 out of 107 global exporters and accounting for 0.0% of world exports, with a year-on-year decrease of 0.3%. Iceland is a net exporter of bananas. The latest export unit value is US$2.0327 per kg.
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Bananas Price History & Trend
Global benchmark (world reference) price for bananas, US$ per kg.
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Use this data freely with attribution to Selina Wamucii.
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Production, Exports, Imports & HS Codes - bananas in Iceland
In 2024, Iceland exported 465 tonnes of bananas valued at US$863,702, ranking #62 out of 107 global exporters and accounting for 0.0% of world exports, with a year-on-year decrease of 0.3%. Iceland is a net exporter of bananas. The latest export unit value is US$2.0327 per kg.
Exports UN Comtrade · 2024
In 2024, Iceland exported $863.7K (464.8 t) of bananas▼ 0.3% YoY. That ranks #62 worldwide (0% of global exports).
Export value by year (US$)
Export volume by year
Top bananas exporters worldwide UN Comtrade · 2024
- #1 Ecuador $3.35B · 26.9%
- #2 Philippines $1.23B · 9.9%
- #3 Costa Rica $1.2B · 9.6%
- #4 Colombia $1.08B · 8.7%
- #5 Guatemala $1.02B · 8.1%
Annual export data Iceland · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $863.7K | 464.8 t | $1.86 |
| 2023 | $866K | 465.9 t | $1.86 |
| 2022 | $738.5K | 471.3 t | $1.57 |
| 2021 | $689.2K | 853.3 t | $0.81 |
| 2020 | $314.5K | 182.4 t | $1.72 |
HS Code
bananas is traded under Harmonized System code 0803.90. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade; harvest season - FAO GIEWS Crop Calendar. Values are official reported figures.