Iceland vs Mongolia: Merchandise imports by the reporting economy
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 over time
- Iceland
- Mongolia
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, 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 between Iceland and Mongolia?
- 217.02 million current US$, with Iceland ahead.
- How many years of comparable data are there for Iceland and Mongolia?
- 43 years are reported by both, from 1981 to 2023.
- How do Iceland and Mongolia rank globally for merchandise imports by the reporting economy?
- Iceland ranks 114th and Mongolia ranks 115th of 206 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Merchandise imports by the reporting economy (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.