Imports Merchandise, Customs, constant US$, millions in Iceland

Iceland: Imports Merchandise, Customs, constant US$, millions was 6,398 in 2021. ▲ Rising

Latest (2021)
6,398
Change on year
up 18.8%
World rank
47th
of 47 countries
All-time high
6,770
in 2017
All-time low
3,429
in 2002
Years of data
21
2001–2021

Imports Merchandise, Customs, constant US$, millions in Iceland, 2001–2021

02.0k4.0k6.0k2001201120212001: 3.5k2002: 3.4k2003: 3.7k2004: 4.2k2005: 5.3k2006: 6.2k2007: 5.9k2008: 4.8k2009: 3.5k2010: 3.5k2011: 4.0k2012: 4.1k2013: 4.2k2014: 4.6k2015: 5.4k2016: 6.1k2017: 6.8k2018: 6.6k2019: 6.1k2020: 5.4k2021: 6.4k

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

Analysis

Iceland recorded 6,398 for imports merchandise, customs, constant us$, millions in 2021.

That represents a change of up 18.8% on the previous year and up 59.3% over ten years.

Over the whole period, imports merchandise, customs, constant us$, millions in Iceland peaked at 6,770 in 2017 and was at its lowest, 3,429, in 2002.

That places Iceland 47th out of 47 countries with data for 2021, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 4,503 3,429 6,198 9
2010s 5,138 3,546 6,770 10
2020s 5,893 5,388 6,398 2

Countries ranked near Iceland

  1. 44 Algeria 37,555 compare
  2. 45 Estonia 18,708 compare
  3. 46 Jordan 18,138 compare

See the full ranking of 54 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is imports merchandise, customs, constant us$, millions in Iceland?
Imports merchandise, customs, constant us$, millions in Iceland was 6,398 in 2021, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest imports merchandise, customs, constant us$, millions recorded in Iceland?
The highest recorded value was 6,770 in 2017.
What is the lowest imports merchandise, customs, constant us$, millions recorded in Iceland?
The lowest recorded value was 3,429 in 2002.
How does Iceland rank for imports merchandise, customs, constant us$, millions?
Iceland ranks 47th out of 47 countries with data for 2021.
Is imports merchandise, customs, constant us$, millions rising or falling in Iceland?
Over the last ten years it is up 59.3%. 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 Imports Merchandise, Customs, constant US$, millions. Statizoid updates them automatically from the source API.

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About this data

Indicator
Imports Merchandise, Customs, constant US$, millions
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
54 places, 1,507 data points, 1991–2024
Last refreshed

Merchandise (goods) imports, cost, insurance and freight basis (c.i.f.), in constant US$ millions, not seasonally adjusted. The base year is 2005.