Shopping in Iceland: 13 places for Every Shopaholic in the City

Shopping in Iceland offers a vibrant mix of traditional and modern goods that not only takes you on a delightful experience but also gives a gist of the culture and history of the country. From locally made woolen products to stylish clothing from international brands, Iceland has something for every shopaholic. Though the capital of the country, Reykjavik comes with varied shopping destinations; there are few souvenir shops and markets in smaller towns. 
Whether you’re looking for a perfect souvenir, a local dish, or any Icelandic wool, markets in Iceland will take you on a ride of diversification, culture and exciting haul amping up your shopping game. 

Here are 13 markets that are worth visiting to grab the best shopping items and Icelandic goods:- 

1. Kirsuberjatréð

Kirsuberjatréð, also known as the Cherry Tree is a popular store in the capital of Iceland that is operated by 10 female artists. The store sells local artefacts, handicraft items and home decor that are locally designed by women artists. Made from upcycled textiles and driftwood, tourists can pick up souvenirs, ceramics, music boxes, jewellery, shoes, baskets and some locally crafted items from this store. 

Opening Hours:- Monday to Friday:- 10:00 AM to 6:00 PM
Saturday & Sunday:- 10:00 AM to 5:00 PM
Things to Buy:- Handcrafted Jewelry, Home Decor, ceramics, local artworks
Location:- Vesturgata 4, 101 Reykjavík, Iceland

2. Kolaportid Flea Market

The largest and only flea market in the capital of Iceland, Reykjavik, Kolaportid Flea Market is famous among locals for its collection of vintage clothes, antique home decor books and local jewellery. It is an indoor flea market and quite affordable for everything, from groceries to dried fish and vegetable knives. Roam around the market and grab some thrifted clothes, Icelandic cultural artefacts, music records, toys and many more for an unforgettable experience but don’t forget to bargain. 

Opening Hours:- Saturday & Sunday:- 11:00 AM to 5:00 PM
Things to Buy:- Vintage clothing, hand-knitted sweaters, old books and local handmade jewellery
Location:- Tryggvagötu 19 , Old Harbour Grófin Reykjavik Kvosin, 101 Reykjavík, Iceland

3. Thorvaldsens Bazar

Started by a women's group in Iceland, Thorvaldsens Bazar is one of the oldest stores in Reykjavik that sells hand-knitted Icelandic wool clothing. It was started in 1901 and has been the most popular store for Icelandic wool knitted in various colours and designs and is managed by the Handknitting Association of the country. The profit is even donated to the charity for local children and their upliftment. If you are searching for authentic wool, then Thorvaldsens Bazar is your go-to place. 

Opening Hours: Monday to Friday:- 10:00 AM to 6:00 PM
Saturday:- 10:00 AM to 2:00 PM
Sunday Closed
Things to Buy: Handmade woollen products, knitted clothing
Location: Austurstræti 4, 101 Reykjavík, Iceland

4. Laugavegur Street

One of the most vibrant and longest shopping streets in Reykjavik, Laugavegur Street offers multiple boutique stores, chic clothing shops, speciality stores, local artwork stores, etc. Stores like Jezorski Jewellers, Blue Lagoon, Eymundsson, etc. are go-to stores for unique souvenirs. Some upscale clothing brands like Zara and H&M are also present on the street along with some street stores with handicrafts and home decor. Multiple cafes and bars are also available on this street that are perfect for a shopping break and relishing the local cuisine and drinks. 

Opening Hours:- Open 24 Hours. Stores open at 10:00 AM. 
Things to Buy:- Chic clothing, accessories, Icelandic souvenirs
Location:- Laugavegur, Reykjavik, Iceland

5. Akureyri Farmers Market

Located in Northern Iceland in the Akureyri region, Akureyri’s Farmers Market is the best to get fresh farmers' produce, baked goods or local snacks at a discounted price. This is the only farmer’s market in Iceland where tourists can find hand-crafted Icelandic delicacies and snacks from all over the country. There are a few local shops around the farmers market selling fresh fish, and some authentic handicrafts as well. 

Opening Hours:- Monday to Sunday:- 8:00 AM to 4:00 PM
Things to Buy:- Iceland's local food items and delicacies
Location:- Hafnarstræti, 600 Akureyri, Iceland

6. Vik Wool Market

Iceland is known for its warm and authentic woollen clothing and knitted wear. These are available in various colours and designs for everyone and there is no better place to grab the best of all than Vik Wool Market. Grab products made from Icelandic Wool sweaters, mittens, socks, insulated outdoor apparel, and Norwegian-inspired patterned sweaters from the largest store in Iceland in Vik. There are few cafes around the shop for a nice warm cup of coffee that is worth trying in the extremely cold weather of the place. 

Opening Hours:- Monday to Sunday:- 9:00 AM to 9:00 PM
Things to Buy:- Authentic Icelandic Wool and knitted clothing 
Location: Austurvegur 20, 870, Iceland

7. Kringlan Mall

The first shopping mall and second largest in Iceland, Kringlan Mall houses 170 shops, bars and restaurants in a 3-storeyed building. Sprawled over 3 floors, there are boutique stores, fashion shops, makeup and accessory stores, a cinema hall and a food market inside the mall. Hrim, Org, Lin, Zo-on, Sostrene Grene, etc are some of the must-visit shops in the mall. Even the low-cost grocery store in Iceland, Bonus is inside the Kringlan Mall which is perfect to get some local Icelandic items at a very convenient price. 

Opening Hours: Monday to Friday:- 10:00 AM to 6:30 PM
Saturday:- 11:00 AM to 6:00 PM
Sunday:- 12:00 PM to 5:00 PM
Things to Buy: High-end clothing, accessories, local food products, makeup, etc. 
Location: Kringlan 4-12, 103 Reykjavík, Iceland

8. Keflavik Duty Free Market

Located in Keflavik International Airport, Keflavik Duty Free Market offers a variety of duty free items like alcohol, tobacco products, clothing items and cosmetics. Tourists prefer this market in order to stock up essentials before leaving the country as goods in this duty free market are cheaper than the regular market. 

Opening Hours: Open 24 Hours
Things to Buy: Duty Free Items like alcohol, tobacco and cosmetics
Location: IGS Ground Services, Fálkavöllur 2, 235, Iceland

9. Dimm

Dimm is one of the clothing and home decor brands of Iceland that is perfect for buying luxurious high-end fashion and handmade decoration items for households from new Scandinavian designers. From statement pieces to aesthetic pictures and ornamental pieces, Dimm is one stop destination for luxury shopping in Iceland. The place is not only great for shopping but offers authentic Icelandic stuff and souvenirs to take back home for tourists.

Opening Hours:- Monday to Friday:- 11:00 AM to 6:00 PM
Saturday:- 11:00 AM to 4:00 PM
Sunday Closed
Things to Buy:- Home Decor, High end fashion, toys, etc. 
Location:- Ármúli 44, 108 Reykjavík, Iceland

10. Nordic Store

Nordic Store was established in 2002 in the capital of Iceland and has been famous for selling high-end woollen and Icelandic clothing. The place is perfect to buy the best-knitted clothes in Iceland that includes mittens, scarves, sweaters, socks, etc. The store sells insulated jackets, pants and ice shoes that will help tourists to combat the chilly weather of Iceland. Some yarn and wool knits are also available in different materials and colours at Nordic Store. 

Opening Hours:- Monday to Sunday:- 10:00 AM to 9:00 PM
Things to Buy:- Hand knit Icelandic sweaters, woolen blankets and scarves
Location:- Laekjargata 2, 101 Reykjavík, Iceland

11. Mal og Menning

Started in 1940, Mal og Menning is a bookstore that is largely dedicated to the cultural heritage of Iceland. The store has 3 levels that display all the genres from international and local authors. This is one of the 12 bookstores that is mentioned in the top bookstores of the world by a Danish magazine competing with famous stores like Hatchards and Shakespeare & Company. The top floor of the store houses a beautiful cosy cafe that is perfect for taking a glance through all the books and magazines while sipping a hot coffee and Iceland’s local cuisines.

Opening Hours:- Monday to Friday:- 9:00 AM to 10:00 PM
Saturday & Sunday:- 10:00 AM to 10:00 PM
Things to Buy:- Books, Scriptures and Magazines
Location:- Laugavegur 18. Iceland

12. Sputnik

One of the oldest clothing stores in Iceland, Sputnik is everyone’s favourite clothing shop in Iceland, situated in the rustic setting of Laugavegur. This vibrant store has curated designer wears like pants, boots, skirts, shoes, accessories, etc. available at a cheaper price. One part of the store has a kilo market where there is an option to buy clothes at a per kilogram price that helps to get clothes at cheaper rates than regular ones. There is also some thrift clothing and funky vintage fashion available with shoes, accessories and jewellery. Bargaining is common in the store to get the best price for the products. 

Opening Hours:- Monday to Friday:- 10:00 AM to 6:00 PM
Saturday:- 12:00 PM to 6:00 PM
Sunday:- 1:00 PM to 5:00 PM
Things to Buy:- Second hand and vintage clothing
Location:- Laugavegur 28, 101 Reykjavík, Iceland

13. Fródi's antiquarian bookshop

Located just across from the Akureyri Art Museum, Fródi's antiquarian bookshop or Fornbókabúðin Fróði. It is a bookshop that is popular for second-hand booksranging from classic Icelandic literature to comic books. There are multiple stacks of books and paperbacks of unique and vintage literature that are available at affordable prices. It is advised to check the condition of the book as some of the old books can have some missing and torn pages as well. 

Opening Hours:- Monday to Friday:- 12:00 PM to 6:00 PM
Saturday:- 12:00 PM to 5:00 PM
Sunday Closed. 
Things to Buy:- Second hand books
Location:- Kaupvangsstræti 19, 600 Akureyri, Iceland

Shopping in Iceland comes with a unique experience as there are multiple authentic souvenirs available in the local markets of the country including traditional Icelandic wool products, handmade crafts, and many more. From high-end fashion to budget-friendly goods, markets, malls and shops in Iceland have something for everyone. Though the country does not have many traditional malls, the two most important malls in the country are Kringlan and Smaralind. Kringlan has all the international brands like Zara, H&M and other 170 stores while Smaralind is the largest mall in Iceland with varied shopping options making Iceland the country with a blend of local and modern goods. So, take some time to explore the shopping scene on your next visit to this beautiful country and go home with several icelandic souvenirs for family and friends.