Nordenskiöld Bay (Russian: Залив Норденшельда) or Nordenskiöld Fjord is a fjord on the Barents Sea coast of Severny Island in Novaya Zemlya, Russia.

The fjord is named after Arctic explorer Adolf Erik Nordenskiöld.

It narrows about 10 km (6.2 mi) from its mouth, bending in a west/east direction.

Three glaciers converge at the head of the fjord, discharging from the Severny Island ice cap and covering the inner fjord with ice.

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