Iceland Imports 1970-2023

Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.
  • Iceland imports for 2021 was $10.24B, a 34.78% increase from 2020.
  • Iceland imports for 2020 was $7.59B, a 23.22% decline from 2019.
  • Iceland imports for 2019 was $9.89B, a 13.07% decline from 2018.
  • Iceland imports for 2018 was $11.38B, a 11.56% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $3,401.36B
Germany $1,776.91B
Japan $936.41B
France $928.51B
United Kingdom $899.37B
Netherlands $736.54B
Hong Kong $733.55B
South Korea $696.44B
Italy $638.91B
Singapore $609.27B
Canada $609.19B
Belgium $509.81B
Ireland $479.13B
Spain $477.43B
Switzerland $476.22B
Poland $370.53B
Australia $276.30B
Austria $265.75B
Sweden $261.84B
Denmark $209.20B
Saudi Arabia $202.95B
Czech Republic $196.60B
Luxembourg $151.08B
Hungary $147.74B
Norway $141.35B
Israel $124.59B
Finland $116.51B
Portugal $113.08B
Slovak Republic $109.57B
Greece $104.40B
Chile $103.18B
Argentina $72.82B
New Zealand $66.38B
Qatar $61.33B
Lithuania $50.48B
Slovenia $47.73B
Puerto Rico $45.06B
Oman $36.50B
Croatia $36.37B
Estonia $29.26B
Latvia $26.66B
Panama $26.48B
Malta $23.78B
Cyprus $23.78B
Macao $22.89B
Uruguay $15.02B
Iceland $10.24B
Brunei $9.38B
Bahamas $4.72B
Guam $3.67B
Aruba $2.13B
Barbados $1.96B
Faroe Islands $1.91B
Bermuda $1.71B
Seychelles $1.17B
Iceland Imports - Historical Data
Year Billions of US $ % of GDP
2021 $10.24B 39.98%
2020 $7.59B 35.01%
2019 $9.89B 39.85%
2018 $11.38B 43.33%
2017 $10.20B 41.25%
2016 $8.49B 40.85%
2015 $7.74B 44.17%
2014 $8.07B 45.15%
2013 $7.34B 45.54%
2012 $7.25B 49.16%
2011 $7.13B 46.86%
2010 $5.76B 41.90%
2009 $5.35B 40.67%
2008 $7.66B 42.39%
2007 $9.06B 41.83%
2006 $8.23B 47.13%
2005 $7.09B 42.09%
2004 $5.26B 38.02%
2003 $4.07B 35.58%
2002 $3.16B 33.92%
2001 $3.11B 37.79%
2000 $3.52B 39.01%
1999 $3.32B 36.97%
1998 $3.24B 38.12%
1997 $2.65B 35.07%
1996 $2.62B 35.31%
1995 $2.25B 31.55%
1994 $1.93B 30.26%
1993 $1.82B 29.27%
1992 $2.13B 30.03%
1991 $2.22B 32.16%
1990 $2.07B 31.96%
1989 $1.75B 30.91%
1988 $1.97B 32.27%
1987 $1.93B 34.91%
1986 $1.37B 34.33%
1985 $1.18B 39.61%
1984 $1.08B 37.61%
1983 $1.03B 37.09%
1982 $1.17B 36.47%
1981 $1.25B 35.67%
1980 $1.19B 35.07%
1979 $1.04B 36.35%
1978 $0.83B 33.16%
1977 $0.74B 33.30%
1976 $0.56B 33.76%
1975 $0.58B 41.15%
1974 $0.62B 40.63%
1973 $0.43B 37.16%
1972 $0.31B 36.37%
1971 $0.29B 43.35%
1970 $0.23B 42.76%