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

Iceland: Imports Merchandise, Customs, current US$, millions, seas. adj. was 9,842 in 2024. ◆ Volatile

Latest (2024)
9,842
Change on year
up 4.2%
World rank
95th
of 121 countries
All-time high
9,842
in 2024
All-time low
1,218
in 1993
Years of data
34
1991–2024

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

2.0k4.0k6.0k8.0k10.0k1991200720241991: 1.5k1992: 1.5k1993: 1.2k1994: 1.3k1995: 1.6k1996: 1.9k1997: 1.9k1998: 2.3k1999: 2.3k2000: 2.4k2001: 2.1k2002: 2.1k2003: 2.6k2004: 3.4k2005: 4.6k2006: 5.8k2007: 6.3k2008: 5.7k2009: 3.3k2010: 3.6k2011: 4.8k2012: 4.8k2013: 5.0k2014: 5.4k2015: 5.3k2016: 5.7k2017: 6.9k2018: 7.7k2019: 6.6k2020: 5.7k2021: 7.7k2022: 9.6k2023: 9.4k2024: 9.8k

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

Analysis

Iceland recorded 9,842 for imports merchandise, customs, current us$, millions, seas. adj. in 2024. That is the highest value across all 34 years on record.

That represents a change of up 4.2% on the previous year and up 83.6% over ten years.

Over the whole period, imports merchandise, customs, current us$, millions, seas. adj. in Iceland peaked at 9,842 in 2024 and was at its lowest, 1,218, in 1993.

Iceland ranks 95th of 121 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,720 1,218 2,316 9
2000s 3,824 2,092 6,264 10
2010s 5,586 3,622 7,695 10
2020s 8,453 5,715 9,842 5

Countries ranked near Iceland

  1. 92 North Macedonia 11,968 compare
  2. 93 Mongolia 11,596 compare
  3. 94 Bolivia 9,934 compare
  4. 96 Albania 9,621 compare
  5. 97 Moldova 9,066 compare
  6. 98 Tanzania 8,514 compare

See the full ranking of 131 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is imports merchandise, customs, current us$, millions, seas. adj. in Iceland?
Imports merchandise, customs, current us$, millions, seas. adj. in Iceland was 9,842 in 2024, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest imports merchandise, customs, current us$, millions, seas. adj. recorded in Iceland?
The highest recorded value was 9,842 in 2024.
What is the lowest imports merchandise, customs, current us$, millions, seas. adj. recorded in Iceland?
The lowest recorded value was 1,218 in 1993.
How does Iceland rank for imports merchandise, customs, current us$, millions, seas. adj.?
Iceland ranks 95th out of 121 countries with data for 2024.
Is imports merchandise, customs, current us$, millions, seas. adj. rising or falling in Iceland?
Over the last ten years it is up 83.6%. The long-run trend across the full record is volatile.
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, current US$, millions, seas. adj.. Statizoid updates them automatically from the source API.

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About this data

Indicator
Imports 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
131 places, 4,013 data points, 1991–2024
Last refreshed

Merchandise (goods) imports, cost, insurance and freight basis (c.i.f.), in current US$ millions, seasonally adjusted.