Iceland—Merchandise Exports (USD)
Iceland's merchandise exports (usd) was $6.94B in 2024, ranking #114 out of 205 countries. This represents a +2.2% change from 2023. Over the past 25 years, the highest recorded value was $7.39B (2022) and the lowest was $1.90B (2000). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $6.94B | +2.2% |
| 2023 | $6.79B | -8.1% |
| 2022 | $7.39B | +23.4% |
| 2021 | $5.99B | +30.7% |
| 2020 | $4.58B | -12.3% |
| 2019 | $5.22B | -6.0% |
| 2018 | $5.56B | +13.9% |
| 2017 | $4.88B | +10.0% |
| 2016 | $4.44B | -6.3% |
| 2015 | $4.73B | -6.4% |
| 2014 | $5.05B | +1.1% |
| 2013 | $5.00B | -1.3% |
| 2012 | $5.06B | -5.3% |
| 2011 | $5.35B | +16.1% |
| 2010 | $4.60B | +13.5% |
| 2009 | $4.06B | -24.6% |
| 2008 | $5.38B | +12.5% |
| 2007 | $4.78B | +38.5% |
| 2006 | $3.45B | +11.7% |
| 2005 | $3.09B | +8.9% |
| 2004 | $2.84B | +19.2% |
| 2003 | $2.38B | +6.8% |
| 2002 | $2.23B | +10.4% |
| 2001 | $2.02B | +6.2% |
| 2000 | $1.90B |
Top Countries — Merchandise Exports (USD)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | China | $3.58T | 2024 |
| 2 | United States | $2.07T | 2024 |
| 3 | Germany | $1.68T | 2024 |
| 4 | Netherlands | $921.22B | 2024 |
| 5 | Japan | $707.01B | 2024 |
| 6 | Korea, Rep. | $683.61B | 2024 |
| 7 | Italy | $674.46B | 2024 |
| 8 | Hong Kong SAR, China | $645.54B | 2024 |
| 9 | France | $639.05B | 2024 |
| 10 | Mexico | $617.10B | 2024 |
About This Indicator
Definition
Merchandise exports includes goods whose economic ownership is changed from a resident to a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Methodology
Data compiled by World Trade Organization (WTO).