Iceland vs Nicaragua: Merchandise imports
Merchandise imports over time
- Iceland
- Nicaragua
How they compare
Nicaragua currently reports 12.43 billion current US$ against 10.94 billion current US$ in Iceland, a difference of 1.49 billion current US$.
That makes Nicaragua's figure about 1.1 times Iceland's.
The two have swapped places 9 times across 66 shared years of data; in 1960 it was Iceland ahead.
Iceland ranks 111th and Nicaragua ranks 108th of 206 countries.
Across the 7 decades both report, Iceland averaged higher in 4 and Nicaragua in 3.
Head to head by decade
| Decade | Iceland | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 122.30 million current US$ | 139.20 million current US$ | 16.90 million current US$ | Nicaragua |
| 1970s | 452.10 million current US$ | 428.30 million current US$ | 23.80 million current US$ | Iceland |
| 1980s | 1.12 billion current US$ | 840.40 million current US$ | 283.40 million current US$ | Iceland |
| 1990s | 1.88 billion current US$ | 1.08 billion current US$ | 796.50 million current US$ | Iceland |
| 2000s | 4.13 billion current US$ | 2.90 billion current US$ | 1.23 billion current US$ | Iceland |
| 2010s | 5.61 billion current US$ | 6.63 billion current US$ | 1.02 billion current US$ | Nicaragua |
| 2020s | 8.89 billion current US$ | 10.43 billion current US$ | 1.55 billion current US$ | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise imports, Iceland or Nicaragua?
- Nicaragua, at 12.43 billion current US$ against 10.94 billion current US$ in Iceland as of 2025.
- What is the difference in merchandise imports between Iceland and Nicaragua?
- 1.49 billion current US$, with Nicaragua ahead.
- How many years of comparable data are there for Iceland and Nicaragua?
- 66 years are reported by both, from 1960 to 2025.
- How do Iceland and Nicaragua rank globally for merchandise imports?
- Iceland ranks 111th and Nicaragua ranks 108th of 206 countries.
- Where does this data come from?
- World Trade Organization (WTO), published as Merchandise imports (current US$). 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.