Ores and metals exports (% of merchandise exports) in Iceland in 2025 — 36.22%. Ranked 2 in the world out of 24. Since 1962, the indicator has risen by 36.1 pp.
1962–2025 · % of merchandise exports
| Year | % | Change, pp |
|---|---|---|
| 2025 | 36.22 | +1.92 pp |
| 2024 | 34.31 | −2.06 pp |
| 2023 | 36.37 | −5.74 pp |
| 2022 | 42.11 | +2.27 pp |
| 2021 | 39.85 | +3.73 pp |
| 2020 | 36.11 | +1.02 pp |
| 2019 | 35.09 | −5.91 pp |
| 2018 | 41 | −0.55 pp |
| 2017 | 41.55 | +5.19 pp |
| 2016 | 36.36 | −3.86 pp |
| 2015 | 40.22 | +1.21 pp |
| 2014 | 39.01 | +1.06 pp |
| 2013 | 37.95 | +0.24 pp |
| 2012 | 37.71 | −2.6 pp |
| 2011 | 40.31 | −1.69 pp |
| 2010 | 42 | +6.88 pp |
| 2009 | 35.12 | −4.75 pp |
| 2008 | 39.86 | +12.81 pp |
| 2007 | 27.05 | +2.96 pp |
| 2006 | 24.09 | +5.05 pp |
| 2005 | 19.05 | +0.35 pp |
| 2004 | 18.7 | −0.6 pp |
| 2003 | 19.3 | −0.08 pp |
| 2002 | 19.38 | −1.28 pp |
| 2001 | 20.66 | +1.37 pp |
| 2000 | 19.3 | +2.92 pp |
| 1999 | 16.38 | +1.99 pp |
| 1998 | 14.39 | +1.74 pp |
| 1997 | 12.65 | +2.01 pp |
| 1996 | 10.64 | −1.39 pp |
| 1995 | 12.04 | +1.24 pp |
| 1994 | 10.79 | +1.31 pp |
| 1993 | 9.48 | −0.35 pp |
| 1992 | 9.83 | +0.39 pp |
| 1991 | 9.44 | −1.61 pp |
| 1990 | 11.06 | −2.49 pp |
| 1989 | 13.55 | +1.94 pp |
| 1988 | 11.61 | +1.15 pp |
| 1987 | 10.46 | +0.43 pp |
| 1986 | 10.03 | −0.96 pp |
| 1985 | 10.99 | −4.64 pp |
| 1984 | 15.63 | −2.88 pp |
| 1983 | 18.52 | +7.51 pp |
| 1982 | 11 | +0.61 pp |
| 1981 | 10.39 | −2.49 pp |
| 1980 | 12.88 | −1.36 pp |
| 1979 | 14.25 | −0.02 pp |
| 1978 | 14.27 | −1.3 pp |
| 1977 | 15.57 | −2.43 pp |
| 1976 | 18 | +5.98 pp |
| 1975 | 12.03 | −3.78 pp |
| 1974 | 15.8 | −2.41 pp |
| 1973 | 18.21 | +0.64 pp |
| 1972 | 17.57 | +9.51 pp |
| 1971 | 8.07 | −6.51 pp |
| 1970 | 14.58 | +8.01 pp |
| 1969 | 6.57 | +6.01 pp |
| 1968 | 0.56 | +0.34 pp |
| 1967 | 0.22 | +0.08 pp |
| 1966 | 0.14 | +0.03 pp |
| 1965 | 0.1 | −0.03 pp |
| 1964 | 0.13 | +0.03 pp |
| 1963 | 0.1 | −0.02 pp |
| 1962 | 0.12 | — |
The same indicator for neighboring countries — with links to their pages
The share of ores, concentrates, non-ferrous and ferrous metals in merchandise exports. This is the second measure of commodity dependence after fuel, and the difference between them is meaningful: fuel is burned while metal stays in circulation, so a metallurgical specialization is more robust than an oil one to the shift to renewable energy — and demand for copper, lithium and nickel is exactly what that shift raises.
Important: Ores and metals together, with no split between raw material and processing: a country exporting concentrate and a country exporting rolled steel look the same by this indicator.
Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.
