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Iceland · Trade

Exports, imports, balances, openness and composition.

21 indicators · 21 with data

Exports

current US$

85th of 138 · 38th in Europe & C. Asia
ExportsIceland's exports rose from US$2.66B in 1996 to US$15.5B in 2025.200020052010201520202025US$0US$5BUS$10BUS$15BUS$20BUS$15.5B

Iceland's exports rose from US$2.66B in 1996 to US$15.5B in 2025.

Imports

current US$

88th of 138 · 39th in Europe & C. Asia
ImportsIceland's imports rose from US$2.62B in 1996 to US$16.3B in 2025.200020052010201520202025US$0US$5BUS$10BUS$15BUS$20BUS$16.3B

Iceland's imports rose from US$2.62B in 1996 to US$16.3B in 2025.

Merchandise exports (current US$)

current US$

117th of 205 · 42nd in Europe & C. Asia
Merchandise exports (current US$)Iceland's merchandise exports (current us$) rose from US$1.9B in 1996 to US$7.17B in 2025.200020052010201520202025US$0US$2BUS$4BUS$6BUS$8BUS$7.17B

Iceland's merchandise exports (current us$) rose from US$1.9B in 1996 to US$7.17B in 2025.

Merchandise imports (current US$)

current US$

111th of 205 · 43rd in Europe & C. Asia
Merchandise imports (current US$)Iceland's merchandise imports (current us$) rose from US$2.04B in 1996 to US$10.9B in 2025.200020052010201520202025US$0US$2BUS$4BUS$6BUS$8BUS$10BUS$12BUS$10.9B

Iceland's merchandise imports (current us$) rose from US$2.04B in 1996 to US$10.9B in 2025.

Services exports

current US$

62nd of 97 · 32nd in Europe & C. Asia
Services exportsIceland's services exports rose from US$769M in 1996 to US$8.16B in 2025.200020052010201520202025US$0US$2BUS$4BUS$6BUS$8BUS$10BUS$8.16B

Iceland's services exports rose from US$769M in 1996 to US$8.16B in 2025.

Trade balance

current US$

75th of 138 · 25th in Europe & C. Asia
Trade balanceIceland's trade balance fell from US$36.6M in 1996 to US$-872M in 2025.200020052010201520202025US$-3BUS$-2BUS$-1BUS$0US$1BUS$2BUS$-872M

Iceland's trade balance fell from US$36.6M in 1996 to US$-872M in 2025.

Current account balance (US$)

current US$

62nd of 101 · 23rd in Europe & C. Asia
Current account balance (US$)Iceland's current account balance (us$) fell from US$-176M in 1996 to US$-1.34B in 2025.200020052010201520202025US$-4BUS$-2BUS$0US$2BUS$-1.34B

Iceland's current account balance (us$) fell from US$-176M in 1996 to US$-1.34B in 2025.

Latest values — expand for the charts.

Latest values — expand for the charts.

Latest values — expand for the charts.

Latest values — expand for the charts.

Latest values — expand for the charts.

Latest values — expand for the charts.

  • Tariffs

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Latest values — expand for the charts.

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