Iceland vs Kazakhstan: Merchandise trade

Iceland
46.9%
in 2025
Kazakhstan
46.8%
in 2025
Iceland rank
118th
Kazakhstan rank
120th

Merchandise trade over time

  • Iceland
  • Kazakhstan
020406080196019922025

How they compare

Iceland currently reports 46.9% against 46.8% in Kazakhstan, a difference of 0.1%.

The two have swapped places 6 times across 34 shared years of data; in 1992 it was Iceland ahead.

Iceland ranks 118th and Kazakhstan ranks 120th of 204 countries.

Across the 4 decades both report, Iceland averaged higher in 2 and Kazakhstan in 2.

Head to head by decade

Decade Iceland Kazakhstan Difference Ahead
1990s 47.9% 41.6% 6.3% Iceland
2000s 51.5% 73.1% 21.6% Kazakhstan
2010s 56.1% 53.7% 2.5% Iceland
2020s 51.0% 51.5% 0.5% Kazakhstan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise trade, Iceland or Kazakhstan?
Iceland, at 46.9% against 46.8% in Kazakhstan as of 2025.
What is the difference in merchandise trade between Iceland and Kazakhstan?
0.1%, with Iceland ahead.
How many years of comparable data are there for Iceland and Kazakhstan?
34 years are reported by both, from 1992 to 2025.
How do Iceland and Kazakhstan rank globally for merchandise trade?
Iceland ranks 118th and Kazakhstan ranks 120th of 204 countries.
Where does this data come from?
World Trade Organization (WTO), published as Merchandise trade (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Kazakhstan: Merchandise trade. Statizoid, drawing on World Trade Organization (WTO). Retrieved 05 September 2026, from https://private-sector.statizoid.com/compare/merchandise-trade-percent-of-gdp/iceland/kazakhstan/

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About this data

Indicator
Merchandise trade (% of GDP)
Unit
% of GDP
Source
World Trade Organization (WTO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
251 places, 14,091 data points, 1960–2025
Last refreshed

General merchandise trade includes 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. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.