Imports Merchandise, Customs, current US$, millions, seas. adj. in Iceland
Iceland: Imports Merchandise, Customs, current US$, millions, seas. adj. was 11,015 in 2025. ◆ Volatile
Imports Merchandise, Customs, current US$, millions, seas. adj. in Iceland, 1991–2025
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
Iceland recorded 11,015 for imports merchandise, customs, current us$, millions, seas. adj. in 2025. That is the highest value across all 35 years on record.
That represents a change of up 11.8% on the previous year and up 107.3% over ten years.
Over the whole period, imports merchandise, customs, current us$, millions, seas. adj. in Iceland peaked at 11,015 in 2025 and was at its lowest, 1,218, in 1993.
Iceland ranks 94th of 121 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports Merchandise, Customs, current US$, millions, seas. adj. in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 1,512 | — |
| 1992 | 1,457 | -3.6% |
| 1993 | 1,218 | -16.4% |
| 1994 | 1,330 | +9.2% |
| 1995 | 1,598 | +20.2% |
| 1996 | 1,876 | +17.4% |
| 1997 | 1,872 | -0.2% |
| 1998 | 2,297 | +22.7% |
| 1999 | 2,316 | +0.8% |
| 2000 | 2,372 | +2.4% |
| 2001 | 2,093 | -11.8% |
| 2002 | 2,092 | -0.1% |
| 2003 | 2,601 | +24.3% |
| 2004 | 3,433 | +32.0% |
| 2005 | 4,605 | +34.2% |
| 2006 | 5,793 | +25.8% |
| 2007 | 6,264 | +8.1% |
| 2008 | 5,664 | -9.6% |
| 2009 | 3,321 | -41.4% |
| 2010 | 3,622 | +9.1% |
| 2011 | 4,843 | +33.7% |
| 2012 | 4,766 | -1.6% |
| 2013 | 5,026 | +5.5% |
| 2014 | 5,360 | +6.6% |
| 2015 | 5,314 | -0.8% |
| 2016 | 5,680 | +6.9% |
| 2017 | 6,940 | +22.2% |
| 2018 | 7,695 | +10.9% |
| 2019 | 6,613 | -14.1% |
| 2020 | 5,715 | -13.6% |
| 2021 | 7,667 | +34.1% |
| 2022 | 9,591 | +25.1% |
| 2023 | 9,455 | -1.4% |
| 2024 | 9,857 | +4.2% |
| 2025 | 11,015 | +11.8% |
Iceland compared with similar countries
- Iceland's 11,015 is below the median for high income countries, which is 126,558, 9% of the median. (51 countries reporting)
- Iceland's 11,015 is below the median for Europe & Central Asia, which is 93,162, 12% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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 | 8,883 | 5,715 | 11,015 | 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 imports merchandise, customs, current us$, millions, seas. adj. in Iceland?
- Imports merchandise, customs, current us$, millions, seas. adj. in Iceland was 11,015 in 2025, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
- What is the highest imports merchandise, customs, current us$, millions, seas. adj. recorded in Iceland?
- The highest recorded value was 11,015 in 2025.
- What is the lowest imports merchandise, customs, current us$, 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$, millions, seas. adj.?
- Iceland ranks 94th out of 121 countries with data for 2025.
- Is imports merchandise, customs, current us$, millions, seas. adj. rising or falling in Iceland?
- Over the last ten years it is up 107.3%. 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$, millions, seas. adj.. Statizoid updates them automatically from the source API.
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About this data
Merchandise (goods) imports, cost, insurance and freight basis (c.i.f.), in current US$ millions, seasonally adjusted.