Merchandise exports in Iceland

Iceland: Merchandise exports was 7.17 billion current US$ in 2025. ◆ Volatile

Latest (2025)
7.17 billion current US$
Change on year
up 3.3%
World rank
117th
of 206 countries
All-time high
7.39 billion current US$
in 2022
All-time low
73.00 million current US$
in 1960
Years of data
66
1960–2025

Merchandise exports in Iceland, 1960–2025

02.0B4.0B6.0B8.0B196019922025

Source: World Trade Organization (WTO). Measured in current US$.

Analysis

In 2025, merchandise exports in Iceland stood at 7.17 billion current US$.

Compared with earlier readings it is up 3.3% on the previous year and up 51.5% over ten years.

Over the whole period, merchandise exports in Iceland peaked at 7.39 billion current US$ in 2022 and was at its lowest, 73.00 million current US$, in 1960.

Iceland ranks 117th of 206 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 99.20 million current US$ 73.00 million current US$ 140.00 million current US$ 10
1970s 374.90 million current US$ 147.00 million current US$ 782.00 million current US$ 10
1980s 1.01 billion current US$ 685.00 million current US$ 1.42 billion current US$ 10
1990s 1.72 billion current US$ 1.40 billion current US$ 2.00 billion current US$ 10
2000s 3.21 billion current US$ 1.90 billion current US$ 5.38 billion current US$ 10
2010s 4.99 billion current US$ 4.44 billion current US$ 5.56 billion current US$ 10
2020s 6.47 billion current US$ 4.58 billion current US$ 7.39 billion current US$ 6

Countries ranked near Iceland

  1. 114 Ethiopia 7.58 billion current US$ compare
  2. 115 Congo 7.50 billion current US$ compare
  3. 116 Georgia 7.29 billion current US$ compare
  4. 118 Namibia 7.02 billion current US$ compare
  5. 119 Trinidad and Tobago 6.82 billion current US$ compare
  6. 120 El Salvador 6.43 billion current US$ compare

See the full ranking of 253 places →

More private sector data for Iceland

All data for Iceland →

Frequently asked questions

What is merchandise exports in Iceland?
Merchandise exports in Iceland was 7.17 billion current US$ in 2025, according to World Trade Organization (WTO).
What is the highest merchandise exports recorded in Iceland?
The highest recorded value was 7.39 billion current US$ in 2022.
What is the lowest merchandise exports recorded in Iceland?
The lowest recorded value was 73.00 million current US$ in 1960.
How does Iceland rank for merchandise exports?
Iceland ranks 117th out of 206 countries with data for 2025.
Is merchandise exports rising or falling in Iceland?
Over the last ten years it is up 51.5%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from World Trade Organization (WTO), published as part of Merchandise exports (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Merchandise exports (current US$)
Unit
current US$
Source
World Trade Organization (WTO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 14,893 data points, 1960–2025
Last refreshed

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.