Iceland vs Mongolia: Merchandise imports
Merchandise imports over time
- Iceland
- Mongolia
How they compare
Mongolia currently reports 11.31 billion current US$ against 10.94 billion current US$ in Iceland, a difference of 368.00 million current US$.
The two have swapped places 5 times across 46 shared years of data; in 1980 it was Iceland ahead.
Iceland ranks 111th and Mongolia ranks 110th of 206 countries.
Iceland has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Iceland | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 1.12 billion current US$ | 936.00 million current US$ | 187.80 million current US$ | Iceland |
| 1990s | 1.88 billion current US$ | 469.00 million current US$ | 1.41 billion current US$ | Iceland |
| 2000s | 4.13 billion current US$ | 1.43 billion current US$ | 2.70 billion current US$ | Iceland |
| 2010s | 5.61 billion current US$ | 5.17 billion current US$ | 440.30 million current US$ | Iceland |
| 2020s | 8.89 billion current US$ | 8.84 billion current US$ | 48.67 million current US$ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise imports, Iceland or Mongolia?
- Mongolia, at 11.31 billion current US$ against 10.94 billion current US$ in Iceland as of 2025.
- What is the difference in merchandise imports between Iceland and Mongolia?
- 368.00 million current US$, with Mongolia ahead.
- How many years of comparable data are there for Iceland and Mongolia?
- 46 years are reported by both, from 1980 to 2025.
- How do Iceland and Mongolia rank globally for merchandise imports?
- Iceland ranks 111th and Mongolia ranks 110th of 206 countries.
- Where does this data come from?
- World Trade Organization (WTO), published as Merchandise imports (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Merchandise imports includes goods whose economic ownership is changed from a non-resident to a 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.