Merchandise imports in Iceland
Iceland: Merchandise imports was 10.94 billion current US$ in 2025. ◆ Volatile
Merchandise imports in Iceland, 1960–2025
Source: World Trade Organization (WTO). Measured in current US$.
Analysis
The most recent figure for merchandise imports in Iceland is 10.94 billion current US$, measured in 2025. That is the highest value across all 66 years on record.
The figure is up 11.6% on the previous year and up 106.5% over ten years.
Over the whole period, merchandise imports in Iceland peaked at 10.94 billion current US$ in 2025 and was at its lowest, 81.00 million current US$, in 1961.
Iceland ranks 111th of 206 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 122.30 million current US$ | 81.00 million current US$ | 162.00 million current US$ | 10 |
| 1970s | 452.10 million current US$ | 157.00 million current US$ | 815.00 million current US$ | 10 |
| 1980s | 1.12 billion current US$ | 818.00 million current US$ | 1.60 billion current US$ | 10 |
| 1990s | 1.88 billion current US$ | 1.34 billion current US$ | 2.52 billion current US$ | 10 |
| 2000s | 4.13 billion current US$ | 2.27 billion current US$ | 6.74 billion current US$ | 10 |
| 2010s | 5.61 billion current US$ | 3.92 billion current US$ | 7.68 billion current US$ | 10 |
| 2020s | 8.89 billion current US$ | 5.70 billion current US$ | 10.94 billion current US$ | 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)
- Food exports 46.9% (2025)
- Manufactures exports 14.0% (2025)
- Merchandise exports 7.17 billion current US$ (2025)
- Commercial service exports 8.13 billion current US$ (2025)
- Transport services 16.3% (2025)
- Computer, communications and other services 41.2% (2025)
- Commercial service imports 5.95 billion current US$ (2025)
Frequently asked questions
- What is merchandise imports in Iceland?
- Merchandise imports in Iceland was 10.94 billion current US$ in 2025, according to World Trade Organization (WTO).
- What is the highest merchandise imports recorded in Iceland?
- The highest recorded value was 10.94 billion current US$ in 2025.
- What is the lowest merchandise imports recorded in Iceland?
- The lowest recorded value was 81.00 million current US$ in 1961.
- How does Iceland rank for merchandise imports?
- Iceland ranks 111th out of 206 countries with data for 2025.
- Is merchandise imports rising or falling in Iceland?
- Over the last ten years it is up 106.5%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from World Trade Organization (WTO), published as part of Merchandise imports (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise imports includes goods whose economic ownership is changed from a non-resident to a 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. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.