Medium and high-tech exports (% manufactured exports) in Iceland
Iceland: Medium and high-tech exports (% manufactured exports) was 33.0% in 2024. ▲ Rising
Medium and high-tech exports in Iceland, 1990–2024
Source: Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO). Measured in % manufactured exports.
Analysis
Iceland recorded 33.0% for medium and high-tech exports in 2024.
Compared with earlier readings it is up 0.4% on the previous year and down 19.0% over ten years.
Over the whole period, medium and high-tech exports in Iceland peaked at 59.8% in 2007 and was at its lowest, 11.8%, in 1991.
Iceland ranks 75th of 153 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Medium and high-tech exports (% manufactured exports) in Iceland, year by year
| Year | % manufactured exports | Change |
|---|---|---|
| 1990 | 17.1% | — |
| 1991 | 11.8% | -31.0% |
| 1992 | 13.6% | +15.2% |
| 1993 | 15.5% | +13.8% |
| 1994 | 19.0% | +22.9% |
| 1995 | 21.9% | +15.2% |
| 1996 | 21.4% | -2.3% |
| 1997 | 22.4% | +4.5% |
| 1998 | 17.1% | -23.5% |
| 1999 | 25.9% | +51.6% |
| 2000 | 25.9% | -0.2% |
| 2001 | 26.8% | +3.5% |
| 2002 | 29.8% | +11.2% |
| 2003 | 28.8% | -3.3% |
| 2004 | 34.9% | +21.1% |
| 2005 | 42.6% | +22.2% |
| 2006 | 43.4% | +1.8% |
| 2007 | 59.8% | +38.0% |
| 2008 | 52.7% | -12.0% |
| 2009 | 51.3% | -2.7% |
| 2010 | 43.7% | -14.8% |
| 2011 | 42.9% | -1.9% |
| 2012 | 40.7% | -5.2% |
| 2013 | 38.6% | -5.1% |
| 2014 | 40.8% | +5.7% |
| 2015 | 36.7% | -10.1% |
| 2016 | 39.4% | +7.5% |
| 2017 | 41.2% | +4.4% |
| 2018 | 34.8% | -15.6% |
| 2019 | 43.4% | +24.8% |
| 2020 | 32.4% | -25.3% |
| 2021 | 36.7% | +13.2% |
| 2022 | 36.4% | -0.8% |
| 2023 | 32.9% | -9.6% |
| 2024 | 33.0% | +0.4% |
Iceland compared with similar countries
- Iceland's 33.0% is below the median for high income countries, which is 52.8%, 63% of the median. (57 countries reporting)
- Iceland's 33.0% is below the median for Europe & Central Asia, which is 49.2%, 67% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.6% | 11.8% | 25.9% | 10 |
| 2000s | 39.6% | 25.9% | 59.8% | 10 |
| 2010s | 40.2% | 34.8% | 43.7% | 10 |
| 2020s | 34.3% | 32.4% | 36.7% | 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)
- Commercial service imports 5.94 billion current US$ (2025)
- Food exports 46.9% (2025)
- Manufactures exports 14.0% (2025)
- Merchandise exports 7.17 billion current US$ (2025)
- Commercial service exports 8.21 billion current US$ (2025)
- Merchandise exports (current US$), per capita 18,264 current US$ per person (2025)
Frequently asked questions
- What is medium and high-tech exports in Iceland?
- Medium and high-tech exports in Iceland was 33.0% in 2024, according to Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO).
- What is the highest medium and high-tech exports recorded in Iceland?
- The highest recorded value was 59.8% in 2007.
- What is the lowest medium and high-tech exports recorded in Iceland?
- The lowest recorded value was 11.8% in 1991.
- How does Iceland rank for medium and high-tech exports?
- Iceland ranks 75th out of 153 countries with data for 2024.
- Is medium and high-tech exports rising or falling in Iceland?
- Over the last ten years it is down 19.0%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO), published as part of Medium and high-tech exports (% manufactured exports). Statizoid updates them automatically from the source API.
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About this data
Share of medium and high-tech manufactured exports in total manufactured exports.