CO2 emissions embodied in gross exports, Trade balance on CO2 in Iceland
Iceland: CO2 emissions embodied in gross exports, Trade balance on CO2 was 0.445 in 2021. ◆ Volatile
CO2 emissions embodied in gross exports, Trade balance on CO2 in Iceland, 1995–2021
Source: International Monetary Fund.
Analysis
Iceland recorded 0.445 for co2 emissions embodied in gross exports, trade balance on co2 in 2021.
The figure is down 64.1% on the previous year and up 1,102.7% over ten years.
Over the whole period, co2 emissions embodied in gross exports, trade balance on co2 in Iceland peaked at 1.24 in 2020 and was at its lowest, -1.43, in 2006.
Iceland ranks 29th of 66 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
CO2 emissions embodied in gross exports, Trade balance on CO2 in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.318 | — |
| 1996 | 0.486 | +52.8% |
| 1997 | 0.385 | -20.8% |
| 1998 | -0.204 | -153.0% |
| 1999 | -0.367 | +79.9% |
| 2000 | -0.417 | +13.6% |
| 2001 | -0.046 | -89.0% |
| 2002 | -0.041 | -10.9% |
| 2003 | -0.396 | +865.9% |
| 2004 | -0.505 | +27.5% |
| 2005 | -1.36 | +170.3% |
| 2006 | -1.43 | +4.5% |
| 2007 | -1.29 | -9.8% |
| 2008 | -0.363 | -71.8% |
| 2009 | 0.561 | -254.5% |
| 2010 | 0.21 | -62.6% |
| 2011 | 0.037 | -82.4% |
| 2012 | 0.056 | +51.4% |
| 2013 | 0.356 | +535.7% |
| 2014 | 0.349 | -2.0% |
| 2015 | 0.646 | +85.1% |
| 2016 | 0.209 | -67.6% |
| 2017 | 0.262 | +25.4% |
| 2018 | 0.226 | -13.7% |
| 2019 | 0.715 | +216.4% |
| 2020 | 1.24 | +73.1% |
| 2021 | 0.445 | -64.1% |
Iceland compared with similar countries
- Iceland's 0.445 is above the median for high income countries, which is -6.35. (45 countries reporting)
- Iceland's 0.445 is above the median for Europe & Central Asia, which is -1.87. (33 countries reporting)
Biggest year-on-year movements
Years where CO2 emissions embodied in gross exports, Trade balance on CO2 in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | -865.9% | -0.041 | -0.396 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1236 | -0.367 | 0.486 | 5 |
| 2000s | -0.5286 | -1.43 | 0.561 | 10 |
| 2010s | 0.3066 | 0.037 | 0.715 | 10 |
| 2020s | 0.8415 | 0.445 | 1.24 | 2 |
Countries ranked near Iceland
More trade data for Iceland
- Commodity Net Export Price Index, Individual Commodities Weighted by 137.33 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 108.33 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 106.92 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 138.52 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 98.7 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 76.38 (2025)
- Imports of low carbon technology products, Percent of GDP 1.91 (2024)
- Imports of low carbon technology products, US dollar (World), per 1,639 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0191 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 28.87 million (2024)
Frequently asked questions
- What is co2 emissions embodied in gross exports, trade balance on co2 in Iceland?
- Co2 emissions embodied in gross exports, trade balance on co2 in Iceland was 0.445 in 2021, according to International Monetary Fund.
- What is the highest co2 emissions embodied in gross exports, trade balance on co2 recorded in Iceland?
- The highest recorded value was 1.24 in 2020.
- What is the lowest co2 emissions embodied in gross exports, trade balance on co2 recorded in Iceland?
- The lowest recorded value was -1.43 in 2006.
- How does Iceland rank for co2 emissions embodied in gross exports, trade balance on co2?
- Iceland ranks 29th out of 66 countries with data for 2021.
- Is co2 emissions embodied in gross exports, trade balance on co2 rising or falling in Iceland?
- Over the last ten years it is up 1,102.7%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of CO2 emissions embodied in gross exports, Trade balance on CO2 emissions, Metric ton of CO₂ equivalent. Statizoid updates them automatically from the source API.
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About this data
This dataset provides annual, country-level estimates of carbon dioxide (CO2) emissions resulting from fuel combustion, which are embodied in domestic final demand, production, and trade. The data covers a substantial period, with estimates for emissions embodied in production and final demand available for 66 countries from 1995 to 2018. Additionally, the dataset includes annual country-level estimates for CO2 emissions embodied in gross exports and gross imports for the same 66 countries, extending to the years 1995 to 2020. All emissions are measured in million tons of CO2 equivalent (MtCO2 eq.). The compilation relies on several authoritative sources; specifically, the total value of merchandise exports and imports is taken from the Direction of Trade Statistics (DOTS). Furthermore, the CO2 emissions embodied in international trade are derived from the OECD's 2021 compilation of indicators on Carbon dioxide emissions embodied in international trade, which itself is a product of combining the Input-Output Database and the Trade in embodied CO2 (TeCO2) Database.