Foreign Trade Manager salary in Iceland

Average Yearly Salary of Foreign Trade Manager in Iceland is approximately 15,889,538 ISK (110,761 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Foreign Trade Manager do?

A Foreign Trade Manager is responsible for overseeing and managing all aspects of a company's international trade operations. They are involved in developing and implementing strategies to expand the company's global market presence, identifying potential international markets, and establishing relationships with foreign partners and clients. The role requires extensive knowledge of international trade regulations, customs procedures, and import/export laws. Foreign Trade Managers are also responsible for negotiating contracts and agreements with foreign suppliers and distributors, monitoring market trends and competitor activities, and ensuring compliance with international trade policies. They work closely with various internal departments such as sales, marketing, logistics, and finance to ensure smooth and efficient international trade operations.

Skills: Foreign Trade Manager, International Trade, Import/Export, Global Market Expansion, Trade Regulations, Relationship Management
Job industry: International trade

How much does Foreign Trade Manager make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Foreign Trade Manager a well paid job?

Yes, our data shows that Foreign Trade Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Foreign Trade Manager?

High salary for Foreign Trade Manager would be somewhere between 17,478,492 ISK and 23,039,830 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Foreign Trade Manager in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 15,889,538 ISK
Estimated Monthly Salary: 1,324,128 ISK
Estimated Weekly Salary: 305,568 ISK per week
Estimated Hourly Salary: 7,639 ISK per hour
By working as Foreign Trade Manager a person can save up to 6,501 USD per month or 78,015 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Foreign Trade Manager

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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