Iceland vs Panama: Manufactures exports (% of merchandise exports)
Manufactures exports (% of merchandise exports) over time
- Iceland
- Panama
How they compare
Iceland currently reports 14.0% against 12.6% in Panama, a difference of 1.4%.
That makes Iceland's figure about 1.1 times Panama's.
The two have swapped places 9 times across 57 shared years of data; in 1962 it was Panama ahead.
Iceland ranks 133rd and Panama ranks 136th of 196 countries.
Across the 7 decades both report, Iceland averaged higher in 4 and Panama in 3.
Head to head by decade
| Decade | Iceland | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 2.5% | 1.8% | 0.7% | Iceland |
| 1970s | 5.0% | 6.2% | 1.1% | Panama |
| 1980s | 9.1% | 12.2% | 3.2% | Panama |
| 1990s | 11.4% | 18.1% | 6.8% | Panama |
| 2000s | 17.5% | 10.3% | 7.3% | Iceland |
| 2010s | 13.3% | 12.4% | 0.9% | Iceland |
| 2020s | 14.0% | 7.5% | 6.5% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufactures exports, Iceland or Panama?
- Iceland, at 14.0% against 12.6% in Panama as of 2025.
- What is the difference in manufactures exports between Iceland and Panama?
- 1.4%, with Iceland 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 manufactures exports?
- Iceland ranks 133rd and Panama ranks 136th of 196 countries.
- Where does this data come from?
- Comtrade database, United Nations (UN), publisher: UN Statistics Division, published as Manufactures exports (% of merchandise exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Manufactures comprise commodities in SITC (Rev. 3) sections 5 (chemicals), 6 (basic manufactures), 7 (machinery and transport equipment), and 8 (miscellaneous manufactured goods), excluding division 68 (non-ferrous metals). 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.