Iceland vs Tuvalu: Merchandise trade
Merchandise trade over time
- Iceland
- Tuvalu
How they compare
Tuvalu currently reports 47.1% against 46.9% in Iceland, a difference of 0.2%.
The two have swapped places 14 times across 46 shared years of data; in 1980 it was Tuvalu ahead.
Iceland ranks 118th and Tuvalu ranks 117th of 204 countries.
Tuvalu has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Iceland | Tuvalu | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 52.1% | 76.0% | 23.9% | Tuvalu |
| 1990s | 47.9% | 55.5% | 7.6% | Tuvalu |
| 2000s | 51.5% | 51.6% | 0.1% | Tuvalu |
| 2010s | 56.1% | 63.1% | 6.9% | Tuvalu |
| 2020s | 51.0% | 64.6% | 13.6% | Tuvalu |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade, Iceland or Tuvalu?
- Tuvalu, at 47.1% against 46.9% in Iceland as of 2025.
- What is the difference in merchandise trade between Iceland and Tuvalu?
- 0.2%, with Tuvalu ahead.
- How many years of comparable data are there for Iceland and Tuvalu?
- 46 years are reported by both, from 1980 to 2025.
- How do Iceland and Tuvalu rank globally for merchandise trade?
- Iceland ranks 118th and Tuvalu ranks 117th 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.