After World War II, more advanced trawlers and numerous motorised ships were added to the fleet. The town's first stern trawler appeared in 1973. Today, Hafnarfjörður is one of the nation's largest fishing centres and the site of Iceland's first fish wholesalers' auction market. Through the years, Hafnarfjörður's dynamic local economy has been strongly linked to fishing, although freight transport has recently become the major harbour activity. And now, the town is Iceland's second-ranked import and export harbour. Hafnarfjörður is the third largest town of Iceland, after Reykjavík and Kópavogur.