Export to import ratio in Iceland

Iceland: Export to import ratio was 0.95 in 2025. ▼ Falling

Latest (2025)
0.95
Change on year
down 2.1%
World rank
34th
of 46 countries
All-time high
1.24
in 2010
All-time low
0.78
in 2007
Years of data
19
2007–2025

Export to import ratio in Iceland, 2007–2025

00.250.50.7511.22007201620252007: 0.782008: 0.952009: 1.22010: 1.22011: 1.22012: 1.12013: 1.22014: 1.12015: 1.22016: 1.12017: 1.12018: 1.12019: 1.12020: 0.982021: 0.952022: 0.982023: 12024: 0.972025: 0.95

Source: Eurostat.

Analysis

The most recent figure for export to import ratio in Iceland is 0.95, measured in 2025.

That represents a change of down 2.1% on the previous year and down 18.1% over ten years.

Over the whole period, export to import ratio in Iceland peaked at 1.24 in 2010 and was at its lowest, 0.78, in 2007.

Iceland ranks 34th of 46 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 19 years of available data.

Export to import ratio in Iceland, year by year

Annual values for Export to import ratio in Iceland, 2007 to 2025.
Year Value Change
2007 0.78
2008 0.95 +21.8%
2009 1.22 +28.4%
2010 1.24 +1.6%
2011 1.16 -6.5%
2012 1.12 -3.4%
2013 1.17 +4.5%
2014 1.13 -3.4%
2015 1.16 +2.7%
2016 1.15 -0.9%
2017 1.1 -4.3%
2018 1.08 -1.8%
2019 1.13 +4.6%
2020 0.98 -13.3%
2021 0.95 -3.1%
2022 0.98 +3.2%
2023 1 +2.0%
2024 0.97 -3.0%
2025 0.95 -2.1%

Iceland compared with similar countries

  • Iceland's 0.95 is below the median for Europe & Central Asia, which is 1.04, 92% of the median. (34 countries reporting)
  • Iceland's 0.95 is below the median for high income countries, which is 1.06, 90% of the median. (30 countries reporting)

Biggest year-on-year movements

Years where Export to import ratio 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.

YearChange FromTo
2009 +28.4% 0.95 1.22

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.9833 0.78 1.22 3
2010s 1.14 1.08 1.24 10
2020s 0.9717 0.95 1 6

Countries ranked near Iceland

  1. 32 Bulgaria 0.98 compare
  2. 33 Belgium 0.97 compare
  3. 35 Latvia 0.93 compare
  4. 35 Serbia 0.93 compare
  5. 35 Latvia 0.93 compare

See the full ranking of 47 places →

More trade data for Iceland

All data for Iceland →

Frequently asked questions

What is export to import ratio in Iceland?
Export to import ratio in Iceland was 0.95 in 2025, according to Eurostat.
What is the highest export to import ratio recorded in Iceland?
The highest recorded value was 1.24 in 2010.
What is the lowest export to import ratio recorded in Iceland?
The lowest recorded value was 0.78 in 2007.
How does Iceland rank for export to import ratio?
Iceland ranks 34th out of 46 countries with data for 2025.
Is export to import ratio rising or falling in Iceland?
Over the last ten years it is down 18.1%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from Eurostat, published as part of Export to import ratio. Statizoid updates them automatically from the source API.

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Export to import ratio in Iceland. Statizoid, drawing on Eurostat. Retrieved 24 September 2026, from https://trade.statizoid.com/stat/export-to-import-ratio/iceland/

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About this data

Indicator
Export to import ratio
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
47 places, 883 data points, 2007–2025
Last refreshed