Total trade in low carbon technology products, US dollar in Iceland

Iceland: Total trade in low carbon technology products, US dollar was 662.41 million in 2024. ◆ Volatile

Latest (2024)
662.41 million
Change on year
down 31.8%
World rank
88th
of 187 countries
All-time high
971.64 million
in 2023
All-time low
42.17 million
in 1994
Years of data
31
1994–2024

Total trade in low carbon technology products, US dollar in Iceland, 1994–2024

0200.0M400.0M600.0M800.0M1.0B1994200920241994: 42.2M1995: 46.4M1996: 79.1M1997: 76.7M1998: 110.7M1999: 108.0M2000: 99.3M2001: 77.4M2002: 65.1M2003: 79.5M2004: 84.1M2005: 199.6M2006: 356.4M2007: 214.2M2008: 183.5M2009: 97.9M2010: 185.0M2011: 165.1M2012: 131.8M2013: 160.4M2014: 144.3M2015: 161.2M2016: 186.4M2017: 369.7M2018: 366.9M2019: 357.8M2020: 444.3M2021: 696.8M2022: 892.2M2023: 971.6M2024: 662.4M

Source: International Monetary Fund.

Analysis

Iceland recorded 662.41 million for total trade in low carbon technology products, us dollar in 2024.

Compared with earlier readings it is down 31.8% on the previous year and up 359.0% over ten years.

Over the whole period, total trade in low carbon technology products, us dollar in Iceland peaked at 971.64 million in 2023 and was at its lowest, 42.17 million, in 1994.

That places Iceland 88th out of 187 countries with data for 2024, putting it in the middle of the range.

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

Total trade in low carbon technology products, US dollar in Iceland, year by year

Annual values for Total trade in low carbon technology products, US dollar (World) in Iceland, 1994 to 2024.
Year Value Change
1994 42.17 million
1995 46.42 million +10.1%
1996 79.12 million +70.5%
1997 76.69 million -3.1%
1998 110.71 million +44.4%
1999 108.02 million -2.4%
2000 99.33 million -8.0%
2001 77.40 million -22.1%
2002 65.09 million -15.9%
2003 79.53 million +22.2%
2004 84.14 million +5.8%
2005 199.63 million +137.2%
2006 356.40 million +78.5%
2007 214.17 million -39.9%
2008 183.48 million -14.3%
2009 97.88 million -46.7%
2010 185.01 million +89.0%
2011 165.09 million -10.8%
2012 131.76 million -20.2%
2013 160.38 million +21.7%
2014 144.31 million -10.0%
2015 161.25 million +11.7%
2016 186.39 million +15.6%
2017 369.66 million +98.3%
2018 366.90 million -0.7%
2019 357.84 million -2.5%
2020 444.33 million +24.2%
2021 696.76 million +56.8%
2022 892.20 million +28.0%
2023 971.64 million +8.9%
2024 662.41 million -31.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 77.19 million 42.17 million 110.71 million 6
2000s 145.70 million 65.09 million 356.40 million 10
2010s 222.86 million 131.76 million 369.66 million 10
2020s 733.47 million 444.33 million 971.64 million 5

Countries ranked near Iceland

  1. 85 Kyrgyzstan 912.96 million compare
  2. 86 Ethiopia 825.04 million compare
  3. 87 Guyana 684.02 million compare
  4. 89 Lebanon 661.65 million compare
  5. 90 Bahrain 657.15 million compare
  6. 91 Syrian Arab Republic 651.25 million compare

See the full ranking of 191 places →

More trade data for Iceland

All data for Iceland →

Frequently asked questions

What is total trade in low carbon technology products, us dollar in Iceland?
Total trade in low carbon technology products, us dollar in Iceland was 662.41 million in 2024, according to International Monetary Fund.
What is the highest total trade in low carbon technology products, us dollar recorded in Iceland?
The highest recorded value was 971.64 million in 2023.
What is the lowest total trade in low carbon technology products, us dollar recorded in Iceland?
The lowest recorded value was 42.17 million in 1994.
How does Iceland rank for total trade in low carbon technology products, us dollar?
Iceland ranks 88th out of 187 countries with data for 2024.
Is total trade in low carbon technology products, us dollar rising or falling in Iceland?
Over the last ten years it is up 359.0%. 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 Total trade in low carbon technology products, US dollar (World). Statizoid updates them automatically from the source API.

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Total trade in low carbon technology products, US dollar in Iceland. Statizoid, drawing on International Monetary Fund. Retrieved 24 August 2026, from https://trade.statizoid.com/stat/total-trade-in-low-carbon-technology-products-us-dollar-world/iceland/

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About this data

Indicator
Total trade in low carbon technology products, US dollar (World)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
191 places, 4,741 data points, 1994–2024
Last refreshed

This dataset provides information on the bilateral trade flows of low-carbon technology products, as well as country and world aggregates . Low carbon technology products produce less pollution than their traditional energy counterparts, and will play a vital role in the transition to a low carbon economy. Low carbon technologies include mechanics like wind turbines, solar panels, biomass systems and carbon capture equipment.