Iceland vs Panama: Food exports (% of merchandise exports)
Food exports (% of merchandise exports) over time
- Iceland
- Panama
How they compare
Panama currently reports 49.6% against 46.9% in Iceland, a difference of 2.7%.
That makes Panama's figure about 1.1 times Iceland's.
The two have swapped places 7 times across 57 shared years of data; in 1962 it was Iceland ahead.
Iceland ranks 41st and Panama ranks 39th of 196 countries.
Across the 7 decades both report, Iceland averaged higher in 5 and Panama in 2.
Head to head by decade
| Decade | Iceland | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 92.4% | 64.1% | 28.3% | Iceland |
| 1970s | 78.4% | 65.7% | 12.7% | Iceland |
| 1980s | 76.8% | 75.5% | 1.3% | Iceland |
| 1990s | 74.1% | 73.5% | 0.7% | Iceland |
| 2000s | 55.6% | 82.0% | 26.4% | Panama |
| 2010s | 44.5% | 65.1% | 20.5% | Panama |
| 2020s | 45.6% | 37.0% | 8.7% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher food exports, Iceland or Panama?
- Panama, at 49.6% against 46.9% in Iceland as of 2025.
- What is the difference in food exports between Iceland and Panama?
- 2.7%, with Panama ahead.
- How many years of comparable data are there for Iceland and Panama?
- 57 years are reported by both, from 1962 to 2025.
- How do Iceland and Panama rank globally for food exports?
- Iceland ranks 41st and Panama ranks 39th of 196 countries.
- Where does this data come from?
- Comtrade database, United Nations (UN), publisher: UN Statistics Division, published as Food exports (% of merchandise exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Food comprises the commodities in SITC (Rev. 3) sections 0 (food and live animals), 1 (beverages and tobacco), and 4 (animal and vegetable oils and fats) and division 22 (oil seeds, oil nuts, and oil kernels). This indicator is expressed as a percentage of merchandise exports which is comprised of goods whose economic ownership is changed between a resident and 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.