Iceland - Franchising ServicesIceland - Franchising Services

Overview

Over the last decade, U.S. food franchises have flourished, with at least 13 U.S. franchises in Iceland today, most of them fast-food chains. In the clothing and apparel sector, European franchises are dominant, but U.S. brands in clothing and accessories are increasingly popular in Iceland.
 

	2014	2015	2016	2017 (Estimated)
Total Local Production
Total Exports
Total Imports
Imports from the US
Total Market Size
Exchange Rates

(total market size = (total local production + imports) - exports)

Leading Sub-Sectors

Clothing and accessories; services; food franchises.

Opportunities

Growing tourism has increased interest in a range of franchises that support or cater to a tourist population. 

Web Resources

Federation of Trade and Services (http://svth.is/almennar-upplysingar-um-svth/about-svth/)  
The U.S. Embassy in Iceland (https://is.usembassy.gov/)
 

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.