Exports Merchandise, Customs, current US$, millions, seas. adj. in Iceland

Iceland: Exports Merchandise, Customs, current US$, millions, seas. adj. was 6,963 in 2024. ▲ Rising

Latest (2024)
6,963
Change on year
up 2.4%
World rank
86th
of 127 countries
All-time high
7,512
in 2022
All-time low
1,400
in 1993
Years of data
34
1991–2024

Exports Merchandise, Customs, current US$, millions, seas. adj. in Iceland, 1991–2024

2.0k4.0k6.0k8.0k1991200720241991: 1.5k1992: 1.5k1993: 1.4k1994: 1.6k1995: 1.8k1996: 1.9k1997: 1.9k1998: 1.9k1999: 2.0k2000: 1.9k2001: 2.0k2002: 2.2k2003: 2.4k2004: 2.9k2005: 3.1k2006: 3.5k2007: 4.8k2008: 5.4k2009: 4.0k2010: 4.6k2011: 5.3k2012: 5.1k2013: 5.0k2014: 5.1k2015: 4.8k2016: 4.5k2017: 4.9k2018: 5.7k2019: 5.3k2020: 4.7k2021: 6.1k2022: 7.5k2023: 6.8k2024: 7.0k

Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.

Analysis

In 2024, exports merchandise, customs, current us$, millions, seas. adj. in Iceland stood at 6,963.

Compared with earlier readings it is up 2.4% on the previous year and up 37.0% over ten years.

Over the whole period, exports merchandise, customs, current us$, millions, seas. adj. in Iceland peaked at 7,512 in 2022 and was at its lowest, 1,400, in 1993.

Iceland ranks 86th of 127 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 34 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,729 1,400 1,997 9
2000s 3,215 1,903 5,359 10
2010s 5,032 4,543 5,675 10
2020s 6,407 4,676 7,512 5

Countries ranked near Iceland

  1. 83 Bosnia and Herzegovina 8,896 compare
  2. 84 Uganda 8,679 compare
  3. 85 North Macedonia 7,292 compare
  4. 87 El Salvador 6,470 compare
  5. 88 Cyprus 5,657 compare
  6. 89 Malta 5,581 compare

See the full ranking of 137 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is exports merchandise, customs, current us$, millions, seas. adj. in Iceland?
Exports merchandise, customs, current us$, millions, seas. adj. in Iceland was 6,963 in 2024, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest exports merchandise, customs, current us$, millions, seas. adj. recorded in Iceland?
The highest recorded value was 7,512 in 2022.
What is the lowest exports merchandise, customs, current us$, millions, seas. adj. recorded in Iceland?
The lowest recorded value was 1,400 in 1993.
How does Iceland rank for exports merchandise, customs, current us$, millions, seas. adj.?
Iceland ranks 86th out of 127 countries with data for 2024.
Is exports merchandise, customs, current us$, millions, seas. adj. rising or falling in Iceland?
Over the last ten years it is up 37.0%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Exports Merchandise, Customs, current US$, millions, seas. adj.. Statizoid updates them automatically from the source API.

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About this data

Indicator
Exports Merchandise, Customs, current US$, millions, seas. adj.
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
137 places, 4,206 data points, 1991–2024
Last refreshed

Merchandise (goods) exports, free on board (f.o.b.), in current US$ millions, seasonally adjusted.