Trade by partner country and NACE Rev. 2 activity in Iceland

Iceland: Trade by partner country and NACE Rev. 2 activity was 126,206 in 2024. ▲ Rising

Latest (2024)
126,206
Change on year
up 1.5%
World rank
34th
of 36 countries
All-time high
132,122
in 2022
All-time low
56,783
in 2014
Years of data
11
2014–2024

Trade by partner country and NACE Rev. 2 activity in Iceland, 2014–2024

050.0k100.0k150.0k2014201920242014: 56.8k2015: 63.8k2016: 66.3k2017: 78.2k2018: 79.6k2019: 77.1k2020: 71.7k2021: 121.7k2022: 132.1k2023: 124.4k2024: 126.2k

Source: Eurostat.

Analysis

In 2024, trade by partner country and nace rev. 2 activity in Iceland stood at 126,206.

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 in 2022 and was at its lowest, 56,783, in 2014.

Iceland ranks 34th of 36 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

Annual values for Trade by partner country and NACE Rev. 2 activity in Iceland, 2014 to 2024.
Year Value Change
2014 56,783
2015 63,816 +12.4%
2016 66,339 +4.0%
2017 78,229 +17.9%
2018 79,591 +1.7%
2019 77,127 -3.1%
2020 71,695 -7.0%
2021 121,702 +69.8%
2022 132,122 +8.6%
2023 124,387 -5.9%
2024 126,206 +1.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 70,314 56,783 79,591 6
2020s 115,222 71,695 132,122 5

Countries ranked near Iceland

  1. 31 Malta 151,762 compare
  2. 32 North Macedonia 140,212 compare
  3. 33 Bosnia and Herzegovina 133,177 compare
  4. 35 Kosovo* 42,602 compare
  5. 36 Belgium 0

See the full ranking of 37 places →

More trade data for Iceland

All data for Iceland →

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 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 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 in 2014.
How does Iceland rank for trade by partner country and nace rev. 2 activity?
Iceland ranks 34th out of 36 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.

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Trade by partner country and NACE Rev. 2 activity in Iceland. Statizoid, drawing on Eurostat. Retrieved 22 August 2026, from https://trade.statizoid.com/stat/trade-by-partner-country-and-nace-rev-2-activity/iceland/

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About this data

Indicator
Trade by partner country and NACE Rev. 2 activity
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
37 places, 424 data points, 2012–2024
Last refreshed