Iceland offers excellent possibilities for shopping, while the general price level is similar to the other Nordic countries, the prices of designer and luxury goods are often considerable lower than in other countries. Tax-free shopping is widespread and visitors should check out: quality woolen goods, Icelandic design clothing and jewelry, Icelandic arts and souvenirs along with Icelandic sweets and chocolates. There’s always something new and exciting in Iceland no matter the time of year.


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Shopping in Iceland

Reykjavík offers a wealth of shops, catering to a range of tastes and price points. In general, shops throughout Iceland are open from 10:00 - 18:00 Monday to Friday, from 10:00 - 16:00 on Saturdays and are closed on Sundays. Stores in the Kringlan and Smáralind shopping malls are open on Sundays, as are some shops on Laugavegur, Reykjavík's main shopping street.

Tax-free shopping is available for visitors to Iceland, and the VAT (value added tax) refund equates to 15% off the retail price. The amount of each purchase must be at least 4.000 ISK per store (in the same day) to be eligible for a VAT refund, and all goods with a refund over 5.000 ISK (with the exception of woolens), must be checked and stamped by customs officials at Keflavik airport to verify that they are being exported from Iceland. The tax refund can be collected at the Landsbanki at Keflavik Airport upon departure.  

For unique souvenirs, we recommend handknit woolen goods like lopapeysa sweaters, maps of Iceland, handmade jewelry, Icelandic designer clothing and accessories, books about Icelandic nature or the Sagas, artworks by local artists, lava rock crafts, chocolate and licorice candies and smoked salmon. 

Below are a few suggestions of Icelandic shops to check out:


1. 66°NORTH

Icelanders have been kept warm and protected from the elements with the help of 66° North's outdoor clothing for years. 

2. Iða

IÐA is a spacious and contemporary, independently run bookshop catering to niche interests and offering a selection of publications in various languages.

3. Hrím

Your one-stop shop for Icelandic and Nordic design. Hrím offers chic Nordic home accessories, and Hrím Eldhús is a design dream for kitchens.