Trade balance in low carbon technology products, US dollar in Iceland
Iceland: Trade balance in low carbon technology products, US dollar was -604.67 million in 2024. ◆ Volatile
Trade balance in low carbon technology products, US dollar in Iceland, 1994–2024
Source: International Monetary Fund.
Analysis
Iceland recorded -604.67 million for trade balance in low carbon technology products, us dollar in 2024.
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 in Iceland peaked at -38.32 million in 1994 and was at its lowest, -902.66 million, in 2023.
Iceland ranks 123rd of 187 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.
Trade balance in low carbon technology products, US dollar 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
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- 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 in Iceland?
- Trade balance in low carbon technology products, us dollar in Iceland was -604.67 million in 2024, according to International Monetary Fund.
- What is the highest trade balance in low carbon technology products, us dollar 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 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?
- Iceland ranks 123rd out of 187 countries with data for 2024.
- Is trade balance in low carbon technology products, us dollar 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 International Monetary Fund, published as part of Trade balance in low carbon technology products, US dollar (World). Statizoid updates them automatically from the source API.
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About this data
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.