Manufactures exports in Iceland
Iceland: Manufactures exports was 14.0% in 2025. ◆ Volatile
Manufactures exports in Iceland, 1962–2025
Source: Comtrade database, United Nations (UN), publisher: UN Statistics Division. Measured in % of merchandise exports.
Analysis
Iceland recorded 14.0% for manufactures exports in 2025.
The figure is down 23.8% on the previous year and up 19.5% over ten years.
Over the whole period, manufactures exports in Iceland peaked at 26.7% in 2007 and was at its lowest, 1.2%, in 1962.
Iceland ranks 133rd of 196 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Manufactures exports in Iceland, year by year
| Year | % of merchandise exports | Change |
|---|---|---|
| 1962 | 1.2% | — |
| 1963 | 1.7% | +41.3% |
| 1964 | 1.9% | +8.6% |
| 1965 | 1.7% | -10.4% |
| 1966 | 3.2% | +94.3% |
| 1967 | 3.5% | +8.9% |
| 1968 | 2.5% | -28.8% |
| 1969 | 4.4% | +73.7% |
| 1970 | 3.3% | -24.2% |
| 1971 | 4.4% | +34.7% |
| 1972 | 4.9% | +9.5% |
| 1973 | 4.4% | -10.3% |
| 1974 | 5.5% | +26.5% |
| 1975 | 5.3% | -4.4% |
| 1976 | 5.8% | +9.1% |
| 1977 | 5.8% | +1.0% |
| 1978 | 4.7% | -19.2% |
| 1979 | 6.4% | +35.6% |
| 1980 | 8.2% | +28.0% |
| 1981 | 7.5% | -8.4% |
| 1982 | 9.3% | +24.3% |
| 1983 | 9.1% | -2.3% |
| 1984 | 12.1% | +33.6% |
| 1985 | 9.4% | -22.3% |
| 1986 | 8.5% | -9.5% |
| 1987 | 8.4% | -1.2% |
| 1988 | 12.2% | +45.2% |
| 1989 | 10.1% | -17.1% |
| 1990 | 8.0% | -21.1% |
| 1991 | 6.0% | -24.6% |
| 1992 | 6.2% | +2.4% |
| 1993 | 7.5% | +21.4% |
| 1994 | 9.2% | +23.0% |
| 1995 | 11.6% | +25.6% |
| 1996 | 11.5% | -0.7% |
| 1997 | 12.1% | +5.6% |
| 1998 | 9.2% | -24.4% |
| 1999 | 12.5% | +36.4% |
| 2000 | 13.3% | +6.0% |
| 2001 | 13.3% | +0.1% |
| 2002 | 14.0% | +5.1% |
| 2003 | 14.5% | +4.3% |
| 2004 | 16.7% | +15.0% |
| 2005 | 19.3% | +15.4% |
| 2006 | 19.1% | -1.3% |
| 2007 | 26.7% | +40.4% |
| 2008 | 19.1% | -28.8% |
| 2009 | 19.3% | +1.1% |
| 2010 | 14.6% | -24.1% |
| 2011 | 14.0% | -4.2% |
| 2012 | 14.3% | +2.0% |
| 2013 | 12.1% | -15.4% |
| 2014 | 13.8% | +14.6% |
| 2015 | 11.7% | -15.2% |
| 2016 | 13.1% | +12.1% |
| 2017 | 13.0% | -1.0% |
| 2018 | 11.0% | -15.6% |
| 2019 | 15.3% | +39.4% |
| 2020 | 11.3% | -26.3% |
| 2021 | 12.0% | +5.9% |
| 2022 | 13.1% | +9.4% |
| 2023 | 15.3% | +17.4% |
| 2024 | 18.4% | +19.8% |
| 2025 | 14.0% | -23.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.5% | 1.2% | 4.4% | 8 |
| 1970s | 5.0% | 3.3% | 6.4% | 10 |
| 1980s | 9.5% | 7.5% | 12.2% | 10 |
| 1990s | 9.4% | 6.0% | 12.5% | 10 |
| 2000s | 17.5% | 13.3% | 26.7% | 10 |
| 2010s | 13.3% | 11.0% | 15.3% | 10 |
| 2020s | 14.0% | 11.3% | 18.4% | 6 |
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)
- 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$), annual growth rate 3.33 % change on previous year (2025)
- Merchandise imports (current US$), per capita 27,890 current US$ per person (2025)
Frequently asked questions
- What is manufactures exports in Iceland?
- Manufactures exports in Iceland was 14.0% in 2025, according to Comtrade database, United Nations (UN), publisher: UN Statistics Division.
- What is the highest manufactures exports recorded in Iceland?
- The highest recorded value was 26.7% in 2007.
- What is the lowest manufactures exports recorded in Iceland?
- The lowest recorded value was 1.2% in 1962.
- How does Iceland rank for manufactures exports?
- Iceland ranks 133rd out of 196 countries with data for 2025.
- Is manufactures exports rising or falling in Iceland?
- Over the last ten years it is up 19.5%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Comtrade database, United Nations (UN), publisher: UN Statistics Division, published as part of Manufactures exports (% of merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Manufactures comprise commodities in SITC (Rev. 3) sections 5 (chemicals), 6 (basic manufactures), 7 (machinery and transport equipment), and 8 (miscellaneous manufactured goods), excluding division 68 (non-ferrous metals). This indicator is expressed as a percentage of merchandise exports which is comprised of 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.