Iceland vs Palau: Merchandise trade
Merchandise trade over time
- Iceland
- Palau
How they compare
Palau currently reports 47.8% against 46.9% in Iceland, a difference of 0.9%.
The two have swapped places 8 times across 32 shared years of data; in 1994 it was Palau ahead.
Iceland ranks 118th and Palau ranks 116th of 204 countries.
Palau has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Palau | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 49.5% | 56.3% | 6.8% | Palau |
| 2000s | 51.5% | 68.7% | 17.2% | Palau |
| 2010s | 56.1% | 65.6% | 9.4% | Palau |
| 2020s | 51.0% | 63.2% | 12.2% | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade, Iceland or Palau?
- Palau, at 47.8% against 46.9% in Iceland as of 2025.
- What is the difference in merchandise trade between Iceland and Palau?
- 0.9%, with Palau ahead.
- How many years of comparable data are there for Iceland and Palau?
- 32 years are reported by both, from 1994 to 2025.
- How do Iceland and Palau rank globally for merchandise trade?
- Iceland ranks 118th and Palau ranks 116th 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.
Individual pages
About this data
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.