Iceland, renowned for its dramatic landscapes including volcanoes, glaciers, and hot springs, is a sought-after destination for Chinese tourists and a significant trade partner for China. The trade relationship between China and Iceland includes Chinese imports such as home appliances, electronics, and textiles, while Iceland exports fishery and mineral products to China.
Shipping from China to Iceland
Due to Iceland’s remote location and lack of direct road or rail links, logistics can be challenging and costly. Air freight offers a reliable but expensive option, while sea freight, though more economical, is less frequently available directly.
Iceland Customs
Iceland utilizes the Harmonized Commodity Description and Coding System (HS) for customs. Electronic Data Interchange (EDI) facilitates swift customs clearance, often within minutes. Importers must calculate total costs including customs fees before importation.
Import Documents
To import goods into Iceland, submit the following documents to customs within 3 months of the vessel’s arrival:
- Invoice
- Bill of Lading
- Bill of Freight
- Certificate of Origin
Import Duty
Import duties are based on Iceland’s customs tariff. For the latest tariff rates, visit Skatturinn Customs Tariff.
Import VAT
Imported goods are subject to Iceland’s VAT, with a standard rate of 24% and a reduced rate of 11% for essential items such as food and books.
Free Trade Agreement between Iceland and China
The Iceland-China Free Trade Agreement, the first of its kind between China and a European nation, eliminates tariffs on most products imported from China. Contact TCF to issue your Certificate of Origin and leverage this FTA.
Sea Freight from China to Iceland
Sea freight is the most cost-effective method for shipping from China to Iceland. Goods are typically transported by sea to Reykjavik, then delivered by road within Iceland.
Ports in Iceland
Iceland’s extensive coastline features 62 ports, with the Sundahofn Port in Reykjavik being the primary hub, handling around 70% of the country’s international trade.
Sea Freight Cost
Sea freight costs depend on various factors, including the size and weight of the consignment. For example, shipping a 40HC container from Shenzhen to Reykjavik costs approximately $8,000 USD.
Sea Freight Transit Time
Transit time from Shenzhen to Reykjavik is roughly 45 days. For private deliveries, timing can be expedited to 1-2 working days post-pick-up.
Air Freight from China to Iceland
Due to the distance, there are no direct flights between China and Iceland. Air freight typically involves transfers through European cities such as Copenhagen, Stockholm, or Frankfurt.
Airports in Iceland
Iceland has 18 airports, with Keflavík International Airport (KEF) serving as the main international gateway.
Air Freight Cost
TCF offers competitive rates for air freight, such as DHL rates around $7 per kilogram.
Air Freight Transit Time
Air freight generally takes 5-8 days with express services like DHL or FedEx, and 7-10 days with general air freight.
Working with TCF
For efficient and cost-effective shipping solutions from China to Iceland, whether by sea or air, TCF provides reliable service through a global network of partners. Contact our operations team for a free quotation and detailed information.
Feel free to reach out with any questions about our freight services to Iceland. We offer no-obligation quotes and tailored solutions for your shipping needs.