Merchandise imports — all countries

Merchandise imports — Iceland

Merchandise imports in Iceland in 2025 — 10,944,000,000 US$. Ranked 111 in the world out of 205. Since 1960, the indicator has risen by 11,182.5%.

2025 10.94B US$ +11.57% vs 2024
World rank 111of 205
Period maximum 10.94B US$2025
Period minimum 81M US$1961

Trend over time

1960–2025 · US$

Merchandise imports — Iceland, 1960–202505B10B15B19601967197419811988199520022009201620231960: 97,000,000 US$1962: 89,000,000 US$1964: 131,000,000 US$1966: 159,000,000 US$1968: 134,000,000 US$1970: 157,000,000 US$1972: 231,000,000 US$1974: 518,000,000 US$1976: 467,000,000 US$1978: 675,000,000 US$1980: 999,000,000 US$1982: 944,000,000 US$1984: 841,000,000 US$1986: 1,119,000,000 US$1988: 1,597,000,000 US$1990: 1,680,000,000 US$1992: 1,684,000,000 US$1994: 1,472,000,000 US$1996: 2,042,000,000 US$1998: 2,482,000,000 US$2000: 2,589,000,000 US$2002: 2,275,000,000 US$2004: 3,643,000,000 US$2006: 6,137,000,000 US$2008: 6,205,000,000 US$2010: 3,920,000,000 US$2012: 4,772,000,000 US$2014: 5,375,000,000 US$2016: 5,670,000,000 US$2018: 7,679,000,000 US$2020: 5,697,000,000 US$2022: 9,591,000,000 US$2024: 9,809,000,000 US$2025: 10,944,000,000 US$
Change over the period: +10.85B (+11,182.47%) Average annual rate: 7.54 %

Comparison, 2025

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

Iceland 10.94B US$
World 26.69T US$
Northern Europe computed 1.75T US$
High-income countries computed 17.7T US$
Merchandise imports — Iceland, by year Iceland All countries CSV XLSX
Year US$ Change Change, %
2025 10.94B +1.14B +11.57%
2024 9.81B +349M +3.69%
2023 9.46B −131M −1.37%
2022 9.59B +1.77B +22.69%
2021 7.82B +2.12B +37.21%
2020 5.7B −870M −13.25%
2019 6.57B −1.11B −14.48%
2018 7.68B +714M +10.25%
2017 6.97B +1.3B +22.84%
2016 5.67B +371M +7%
2015 5.3B −76M −1.41%
2014 5.38B +355M +7.07%
2013 5.02B +248M +5.2%
2012 4.77B −69M −1.43%
2011 4.84B +921M +23.49%
2010 3.92B +316M +8.77%
2009 3.6B −2.6B −41.92%
2008 6.21B −533M −7.91%
2007 6.74B +601M +9.79%
2006 6.14B +1.16B +23.26%
2005 4.98B +1.34B +36.67%
2004 3.64B +816M +28.86%
2003 2.83B +552M +24.26%
2002 2.28B +6M +0.26%
2001 2.27B −320M −12.36%
2000 2.59B +73M +2.9%
1999 2.52B +34M +1.37%
1998 2.48B +464M +22.99%
1997 2.02B −24M −1.18%
1996 2.04B +284M +16.15%
1995 1.76B +286M +19.43%
1994 1.47B +131M +9.77%
1993 1.34B −343M −20.37%
1992 1.68B −76M −4.32%
1991 1.76B +80M +4.76%
1990 1.68B +279M +19.91%
1989 1.4B −196M −12.27%
1988 1.6B +7M +0.44%
1987 1.59B +471M +42.09%
1986 1.12B +214M +23.65%
1985 905M +64M +7.61%
1984 841M +23M +2.81%
1983 818M −126M −13.35%
1982 944M −80M −7.81%
1981 1.02B +25M +2.5%
1980 999M +184M +22.58%
1979 815M +140M +20.74%
1978 675M +70M +11.57%
1977 605M +138M +29.55%
1976 467M −17M −3.51%
1975 484M −34M −6.56%
1974 518M +159M +44.29%
1973 359M +128M +55.41%
1972 231M +21M +10%
1971 210M +53M +33.76%
1970 157M +34M +27.64%
1969 123M −11M −8.21%
1968 134M −28M −17.28%
1967 162M +3M +1.89%
1966 159M +22M +16.06%
1965 137M +6M +4.58%
1964 131M +21M +19.09%
1963 110M +21M +23.6%
1962 89M +8M +9.88%
1961 81M −16M −16.49%
1960 97M

About the indicator

The value of imports of goods (excluding services) in current US dollars from WTO data, on a CIF basis. Together with merchandise exports it gives the merchandise trade balance — the indicator most often discussed in the context of a “trade deficit” between particular countries.

Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.