Imports Merchandise, Customs, current US$, millions in Iceland
Iceland: Imports Merchandise, Customs, current US$, millions was 10,987 in 2025. ◆ Volatile
Imports Merchandise, Customs, current US$, millions in Iceland, 1991–2025
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
In 2025, imports merchandise, customs, current us$, millions in Iceland stood at 10,987. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 11.7% on the previous year and up 106.7% over ten years.
Over the whole period, imports merchandise, customs, current us$, millions in Iceland peaked at 10,987 in 2025 and was at its lowest, 1,218, in 1993.
That places Iceland 96th out of 118 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports Merchandise, Customs, current US$, millions in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 1,510 | — |
| 1992 | 1,455 | -3.7% |
| 1993 | 1,218 | -16.3% |
| 1994 | 1,339 | +9.9% |
| 1995 | 1,603 | +19.7% |
| 1996 | 1,876 | +17.0% |
| 1997 | 1,856 | -1.1% |
| 1998 | 2,283 | +23.1% |
| 1999 | 2,315 | +1.4% |
| 2000 | 2,374 | +2.6% |
| 2001 | 2,091 | -11.9% |
| 2002 | 2,096 | +0.3% |
| 2003 | 2,606 | +24.3% |
| 2004 | 3,428 | +31.5% |
| 2005 | 4,592 | +34.0% |
| 2006 | 5,787 | +26.0% |
| 2007 | 6,232 | +7.7% |
| 2008 | 5,699 | -8.6% |
| 2009 | 3,316 | -41.8% |
| 2010 | 3,622 | +9.2% |
| 2011 | 4,837 | +33.6% |
| 2012 | 4,770 | -1.4% |
| 2013 | 5,021 | +5.3% |
| 2014 | 5,379 | +7.1% |
| 2015 | 5,314 | -1.2% |
| 2016 | 5,694 | +7.1% |
| 2017 | 6,976 | +22.5% |
| 2018 | 7,693 | +10.3% |
| 2019 | 6,619 | -14.0% |
| 2020 | 5,707 | -13.8% |
| 2021 | 7,698 | +34.9% |
| 2022 | 9,616 | +24.9% |
| 2023 | 9,462 | -1.6% |
| 2024 | 9,832 | +3.9% |
| 2025 | 10,987 | +11.7% |
Iceland compared with similar countries
- Iceland's 10,987 is below the median for high income countries, which is 136,256, 8% of the median. (50 countries reporting)
- Iceland's 10,987 is below the median for Europe & Central Asia, which is 89,462, 12% of the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,717 | 1,218 | 2,315 | 9 |
| 2000s | 3,822 | 2,091 | 6,232 | 10 |
| 2010s | 5,593 | 3,622 | 7,693 | 10 |
| 2020s | 8,884 | 5,707 | 10,987 | 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$, millions in Iceland?
- Imports merchandise, customs, current us$, millions in Iceland was 10,987 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$, millions recorded in Iceland?
- The highest recorded value was 10,987 in 2025.
- What is the lowest imports merchandise, customs, current us$, millions recorded in Iceland?
- The lowest recorded value was 1,218 in 1993.
- How does Iceland rank for imports merchandise, customs, current us$, millions?
- Iceland ranks 96th out of 118 countries with data for 2025.
- Is imports merchandise, customs, current us$, millions rising or falling in Iceland?
- Over the last ten years it is up 106.7%. 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$, millions. Statizoid updates them automatically from the source API.
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About this data
Merchandise (goods) imports, cost, insurance and freight basis (c.i.f.), in current US$ millions, not seasonally adjusted.