Exports Merchandise, Customs, current US$, millions in Iceland
Iceland: Exports Merchandise, Customs, current US$, millions was 7,191 in 2025. ▲ Rising
Exports Merchandise, Customs, current US$, millions in Iceland, 1991–2025
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
Iceland recorded 7,191 for exports merchandise, customs, current us$, millions in 2025.
The figure is up 6.4% on the previous year and up 50.5% over ten years.
Over the whole period, exports merchandise, customs, current us$, millions in Iceland peaked at 7,494 in 2022 and was at its lowest, 1,398, in 1993.
Iceland ranks 88th of 128 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Exports Merchandise, Customs, current US$, millions in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 1,547 | — |
| 1992 | 1,526 | -1.4% |
| 1993 | 1,398 | -8.4% |
| 1994 | 1,613 | +15.4% |
| 1995 | 1,802 | +11.7% |
| 1996 | 1,885 | +4.6% |
| 1997 | 1,850 | -1.9% |
| 1998 | 1,921 | +3.9% |
| 1999 | 2,000 | +4.1% |
| 2000 | 1,897 | -5.1% |
| 2001 | 2,014 | +6.2% |
| 2002 | 2,231 | +10.8% |
| 2003 | 2,380 | +6.7% |
| 2004 | 2,890 | +21.4% |
| 2005 | 3,093 | +7.0% |
| 2006 | 3,467 | +12.1% |
| 2007 | 4,783 | +38.0% |
| 2008 | 5,382 | +12.5% |
| 2009 | 4,056 | -24.6% |
| 2010 | 4,606 | +13.5% |
| 2011 | 5,345 | +16.0% |
| 2012 | 5,064 | -5.3% |
| 2013 | 5,000 | -1.3% |
| 2014 | 5,091 | +1.8% |
| 2015 | 4,779 | -6.1% |
| 2016 | 4,541 | -5.0% |
| 2017 | 4,956 | +9.2% |
| 2018 | 5,660 | +14.2% |
| 2019 | 5,279 | -6.7% |
| 2020 | 4,674 | -11.5% |
| 2021 | 6,077 | +30.0% |
| 2022 | 7,494 | +23.3% |
| 2023 | 6,733 | -10.1% |
| 2024 | 6,757 | +0.4% |
| 2025 | 7,191 | +6.4% |
Iceland compared with similar countries
- Iceland's 7,191 is below the median for high income countries, which is 99,622, 7% of the median. (54 countries reporting)
- Iceland's 7,191 is below the median for Europe & Central Asia, which is 84,032, 9% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,727 | 1,398 | 2,000 | 9 |
| 2000s | 3,219 | 1,897 | 5,382 | 10 |
| 2010s | 5,032 | 4,541 | 5,660 | 10 |
| 2020s | 6,488 | 4,674 | 7,494 | 6 |
Countries ranked near Iceland
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is exports merchandise, customs, current us$, millions in Iceland?
- Exports merchandise, customs, current us$, millions in Iceland was 7,191 in 2025, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
- What is the highest exports merchandise, customs, current us$, millions recorded in Iceland?
- The highest recorded value was 7,494 in 2022.
- What is the lowest exports merchandise, customs, current us$, millions recorded in Iceland?
- The lowest recorded value was 1,398 in 1993.
- How does Iceland rank for exports merchandise, customs, current us$, millions?
- Iceland ranks 88th out of 128 countries with data for 2025.
- Is exports merchandise, customs, current us$, millions rising or falling in Iceland?
- Over the last ten years it is up 50.5%. 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$, millions. Statizoid updates them automatically from the source API.
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About this data
Merchandise (goods) exports, free on board (f.o.b.), in current US$ millions, not seasonally adjusted.