Canada and Iceland have an established trade and investment relationship spurred on by Iceland’s continued recovery from the European financial crisis in 2010. While heavily dependent on the fishing industry, Iceland is diversifying its economy and with the 2009 free trade agreement between Canada and European Free Trade Association (EFTA) countries, Canada’s trade with Iceland continues to grow. Energy has been the major focus of Canadian investment in Iceland. EDC sees business and investment potential across a range of sectors in the market.
- Clothing & Textiles
- Food & Beverage
- Machinery - Packaging, Industrial & Analytical Instruments
- Oil and Gas
How we can support your business
Through our Head Office operations in Ottawa, we provide support to Canadian companies planning on or currently doing business in Iceland. Our market experts have developed strategic relationships with major buyers in several sectors as well as a network of local contacts in the market.
- We are positioned to help Canadian companies through a range of financing and risk management services.
- Learn more about our service offering.