High-technology exports in Iceland
Iceland: High-technology exports was 54.0% in 2024. ▲ Rising
High-technology exports in Iceland, 2007–2024
Source: Comtrade database, United Nations (UN). Measured in % of manufactured exports.
Analysis
In 2024, high-technology exports in Iceland stood at 54.0%.
The figure is up 24.3% on the previous year and up 215.2% over ten years.
Over the whole period, high-technology exports in Iceland peaked at 60.7% in 2007 and was at its lowest, 15.4%, in 2012.
That places Iceland 7th out of 175 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 18 years of available data.
High-technology exports in Iceland, year by year
| Year | % of manufactured exports | Change |
|---|---|---|
| 2007 | 60.7% | — |
| 2008 | 40.9% | -32.7% |
| 2009 | 31.5% | -22.9% |
| 2010 | 21.2% | -32.9% |
| 2011 | 21.1% | -0.5% |
| 2012 | 15.4% | -26.9% |
| 2013 | 15.7% | +2.2% |
| 2014 | 17.1% | +8.8% |
| 2015 | 20.1% | +17.6% |
| 2016 | 23.4% | +16.1% |
| 2017 | 26.4% | +12.8% |
| 2018 | 23.5% | -11.0% |
| 2019 | 38.1% | +62.2% |
| 2020 | 28.0% | -26.6% |
| 2021 | 33.5% | +19.8% |
| 2022 | 33.3% | -0.5% |
| 2023 | 43.4% | +30.4% |
| 2024 | 54.0% | +24.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 44.4% | 31.5% | 60.7% | 3 |
| 2010s | 22.2% | 15.4% | 38.1% | 10 |
| 2020s | 38.4% | 28.0% | 54.0% | 5 |
Countries ranked near Iceland
More private sector data for Iceland
- Merchandise trade 46.9% (2025)
- Food imports 11.1% (2025)
- Manufactures imports 71.1% (2025)
- Merchandise imports 10.94 billion current US$ (2025)
- Food exports 46.9% (2025)
- Manufactures exports 14.0% (2025)
- Merchandise exports 7.17 billion current US$ (2025)
- Merchandise exports (current US$), per capita 18,264 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1858 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 3.33 % change on previous year (2025)
Frequently asked questions
- What is high-technology exports in Iceland?
- High-technology exports in Iceland was 54.0% in 2024, according to Comtrade database, United Nations (UN).
- What is the highest high-technology exports recorded in Iceland?
- The highest recorded value was 60.7% in 2007.
- What is the lowest high-technology exports recorded in Iceland?
- The lowest recorded value was 15.4% in 2012.
- How does Iceland rank for high-technology exports?
- Iceland ranks 7th out of 175 countries with data for 2024.
- Is high-technology exports rising or falling in Iceland?
- Over the last ten years it is up 215.2%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Comtrade database, United Nations (UN), published as part of High-technology exports (% of manufactured exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery.