High-technology exports — all countries

High-technology exports — Iceland

High-technology exports in Iceland in 2024 — 689,254,852 US$. Ranked 57 in the world out of 126. Since 2007, the indicator has fallen by 11.1%.

2024 689M US$ +51.92% vs 2023
World rank 57of 126
Period maximum 775M US$2007
Period minimum 94.98M US$2013

Trend over time

2007–2024 · US$

High-technology exports — Iceland, 2007–20240200M400M600M800M20072009201120132015201720192021202320242007: 774,999,876 US$2008: 417,158,644 US$2009: 246,422,112 US$2010: 142,432,246 US$2011: 157,705,798 US$2012: 111,300,713 US$2013: 94,981,022 US$2014: 119,694,464 US$2015: 111,537,786 US$2016: 136,817,642 US$2017: 167,559,775 US$2018: 143,434,873 US$2019: 305,002,018 US$2020: 144,580,750 US$2021: 239,162,849 US$2022: 322,470,151 US$2023: 453,683,000 US$2024: 689,254,852 US$
Change over the period: −85.75M (−11.06%) Average annual rate: -0.69 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Iceland

Iceland 689M US$
Northern Europe computed 265B US$
High-income countries computed 2.41T US$
High-technology exports — Iceland, by year Iceland All countries CSV XLSX
Year US$ Change Change, %
2024 689M +236M +51.92%
2023 454M +131M +40.69%
2022 322M +83.31M +34.83%
2021 239M +94.58M +65.42%
2020 145M −160M −52.6%
2019 305M +162M +112.64%
2018 143M −24.12M −14.4%
2017 168M +30.74M +22.47%
2016 137M +25.28M +22.66%
2015 112M −8.16M −6.81%
2014 120M +24.71M +26.02%
2013 94.98M −16.32M −14.66%
2012 111M −46.41M −29.43%
2011 158M +15.27M +10.72%
2010 142M −104M −42.2%
2009 246M −171M −40.93%
2008 417M −358M −46.17%
2007 775M

About the indicator

Exports of research-intensive products: aerospace equipment, computers, pharmaceuticals, scientific instruments, electrical machinery. The classification rests on the share of research spending in the value of an industry's output rather than on the sophistication of the item — which is why pharmaceuticals make the list and, say, automobile manufacturing does not.

Important: It is measured by the value of the goods crossing the border, not by the value added inside the country. For countries that assemble electronics from imported parts the figure is well above their actual contribution.

Source: World Development Indicators (World Bank), license CC BY 4.0.