Trade by partner country and NACE Rev. 2 activity in Iceland
Iceland: Trade by partner country and NACE Rev. 2 activity was 126,206 Thousand euro in 2024. ▲ Rising
Latest (2024)
126,206 Thousand euro
Change on year
up 1.5%
World rank
46th
of 48 countries
All-time high
132,122 Thousand euro
in 2022
All-time low
56,783 Thousand euro
in 2014
Years of data
11
2014–2024
Trade by partner country and NACE Rev. 2 activity in Iceland, 2014–2024
Source: Eurostat. Measured in Thousand euro.
Analysis
In 2024, trade by partner country and nace rev. 2 activity in Iceland stood at 126,206 Thousand euro.
Compared with earlier readings it is up 1.5% on the previous year and up 122.3% over ten years.
Over the whole period, trade by partner country and nace rev. 2 activity in Iceland peaked at 132,122 Thousand euro in 2022 and was at its lowest, 56,783 Thousand euro, in 2014.
Iceland ranks 46th of 48 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Trade by partner country and NACE Rev. 2 activity in Iceland, year by year
| Year | Thousand euro | Change |
|---|---|---|
| 2014 | 56,783 Thousand euro | — |
| 2015 | 63,816 Thousand euro | +12.4% |
| 2016 | 66,339 Thousand euro | +4.0% |
| 2017 | 78,229 Thousand euro | +17.9% |
| 2018 | 79,591 Thousand euro | +1.7% |
| 2019 | 77,127 Thousand euro | -3.1% |
| 2020 | 71,695 Thousand euro | -7.0% |
| 2021 | 121,702 Thousand euro | +69.8% |
| 2022 | 132,122 Thousand euro | +8.6% |
| 2023 | 124,387 Thousand euro | -5.9% |
| 2024 | 126,206 Thousand euro | +1.5% |
Iceland compared with similar countries
- Iceland's 126,206 Thousand euro is below the median for Europe & Central Asia, which is 2.73 million Thousand euro, 5% of the median. (33 countries reporting)
- Iceland's 126,206 Thousand euro is below the median for high income countries, which is 2.75 million Thousand euro, 5% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 70,314 Thousand euro | 56,783 Thousand euro | 79,591 Thousand euro | 6 |
| 2020s | 115,222 Thousand euro | 71,695 Thousand euro | 132,122 Thousand euro | 5 |
Countries ranked near Iceland
- 43 North Macedonia 140,212 Thousand euro compare
- 43 North Macedonia 140,212 Thousand euro compare
- 45 Bosnia and Herzegovina 133,177 Thousand euro compare
- 47 Kosovo* 42,602 Thousand euro compare
- 48 Belgium 0 Thousand euro
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 by partner country and nace rev. 2 activity in Iceland?
- Trade by partner country and nace rev. 2 activity in Iceland was 126,206 Thousand euro in 2024, according to Eurostat.
- What is the highest trade by partner country and nace rev. 2 activity recorded in Iceland?
- The highest recorded value was 132,122 Thousand euro in 2022.
- What is the lowest trade by partner country and nace rev. 2 activity recorded in Iceland?
- The lowest recorded value was 56,783 Thousand euro in 2014.
- How does Iceland rank for trade by partner country and nace rev. 2 activity?
- Iceland ranks 46th out of 48 countries with data for 2024.
- Is trade by partner country and nace rev. 2 activity rising or falling in Iceland?
- Over the last ten years it is up 122.3%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Trade by partner country and NACE Rev. 2 activity. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (Eurostat).