Iceland vs Mongolia: Merchandise imports by the reporting economy (current US$), gaps

Iceland
9.48 billion current US$
in 2023
Mongolia
9.27 billion current US$
in 2023
Iceland rank
114th
Mongolia rank
115th

Merchandise imports by the reporting economy (current US$), gaps over time

  • Iceland
  • Mongolia
02.0B4.0B6.0B8.0B10.0B196019912023

How they compare

Iceland currently reports 9.48 billion current US$ against 9.27 billion current US$ in Mongolia, a difference of 217.02 million current US$.

The two have swapped places 4 times across 43 shared years of data; in 1981 it was Iceland ahead.

Iceland ranks 114th and Mongolia ranks 115th of 206 countries.

Iceland has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Iceland Mongolia Difference Ahead
1980s 1.03 billion current US$ 48.35 million current US$ 981.73 million current US$ Iceland
1990s 1.83 billion current US$ 366.45 million current US$ 1.46 billion current US$ Iceland
2000s 4.11 billion current US$ 1.38 billion current US$ 2.73 billion current US$ Iceland
2010s 5.60 billion current US$ 5.17 billion current US$ 433.42 million current US$ Iceland
2020s 7.83 billion current US$ 7.53 billion current US$ 292.45 million current US$ Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports by the reporting economy (current us$), gaps, Iceland or Mongolia?
Iceland, at 9.48 billion current US$ against 9.27 billion current US$ in Mongolia as of 2023.
What is the difference in merchandise imports by the reporting economy (current us$), gaps between Iceland and Mongolia?
217.02 million current US$, with Iceland ahead.
How many years of comparable data are there for Iceland and Mongolia?
43 years are reported by both, from 1981 to 2023.
How do Iceland and Mongolia rank globally for merchandise imports by the reporting economy (current us$), gaps?
Iceland ranks 114th and Mongolia ranks 115th of 206 countries.
Where does this data come from?
Statizoid (derived), published as Merchandise imports by the reporting economy (current US$), gaps filled. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Mongolia: Merchandise imports by the reporting economy (current US$), gaps. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-by-the-reporting-economy-current-us-gaps-filled/iceland/mongolia/

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About this data

Indicator
Merchandise imports by the reporting economy (current US$), gaps filled
Unit
current US$
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
253 places, 13,570 data points, 1960–2023
Last refreshed

Merchandise imports by the reporting economy (current US$) with 55 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.