Trade balance in low carbon technology products, US dollar (World) in Iceland
Iceland: Trade balance in low carbon technology products, US dollar (World) was -604.67 million in 2024. ◆ Volatile
Trade balance in low carbon technology products, US dollar (World) in Iceland, 1994–2024
Source: Statizoid (derived).
Analysis
In 2024, trade balance in low carbon technology products, us dollar (world) in Iceland stood at -604.67 million.
The figure is up 33.0% on the previous year and down 400.2% over ten years.
Over the whole period, trade balance in low carbon technology products, us dollar (world) in Iceland peaked at -38.32 million in 1994 and was at its lowest, -902.66 million, in 2023.
That places Iceland 123rd 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.
Trade balance in low carbon technology products, US dollar (World) in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | -38.32 million | — |
| 1995 | -39.62 million | +3.4% |
| 1996 | -72.48 million | +82.9% |
| 1997 | -68.67 million | -5.3% |
| 1998 | -101.81 million | +48.3% |
| 1999 | -98.45 million | -3.3% |
| 2000 | -88.17 million | -10.4% |
| 2001 | -68.75 million | -22.0% |
| 2002 | -55.43 million | -19.4% |
| 2003 | -71.00 million | +28.1% |
| 2004 | -73.36 million | +3.3% |
| 2005 | -186.45 million | +154.1% |
| 2006 | -338.68 million | +81.6% |
| 2007 | -190.59 million | -43.7% |
| 2008 | -156.34 million | -18.0% |
| 2009 | -74.79 million | -52.2% |
| 2010 | -165.97 million | +121.9% |
| 2011 | -140.24 million | -15.5% |
| 2012 | -96.64 million | -31.1% |
| 2013 | -138.18 million | +43.0% |
| 2014 | -120.88 million | -12.5% |
| 2015 | -130.73 million | +8.1% |
| 2016 | -160.08 million | +22.5% |
| 2017 | -335.91 million | +109.8% |
| 2018 | -337.52 million | +0.5% |
| 2019 | -323.31 million | -4.2% |
| 2020 | -399.52 million | +23.6% |
| 2021 | -656.95 million | +64.4% |
| 2022 | -852.37 million | +29.7% |
| 2023 | -902.66 million | +5.9% |
| 2024 | -604.67 million | -33.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -69.89 million | -101.81 million | -38.32 million | 6 |
| 2000s | -130.36 million | -338.68 million | -55.43 million | 10 |
| 2010s | -194.95 million | -337.52 million | -96.64 million | 10 |
| 2020s | -683.23 million | -902.66 million | -399.52 million | 5 |
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 trade balance in low carbon technology products, us dollar (world) in Iceland?
- Trade balance in low carbon technology products, us dollar (world) in Iceland was -604.67 million in 2024, according to Statizoid (derived).
- What is the highest trade balance in low carbon technology products, us dollar (world) recorded in Iceland?
- The highest recorded value was -38.32 million in 1994.
- What is the lowest trade balance in low carbon technology products, us dollar (world) recorded in Iceland?
- The lowest recorded value was -902.66 million in 2023.
- How does Iceland rank for trade balance in low carbon technology products, us dollar (world)?
- Iceland ranks 123rd out of 187 countries with data for 2024.
- Is trade balance in low carbon technology products, us dollar (world) rising or falling in Iceland?
- Over the last ten years it is down 400.2%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Trade balance in low carbon technology products, US dollar (World), gaps filled. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Trade balance in low carbon technology products, US dollar (World) with 118 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.
Computed from
- Trade balance in low carbon technology products, US dollar International Monetary Fund
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Trade balance in low carbon technology products, US dollar (World) with 118 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.