Iceland Imports 1970-2024
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 2023 was $13.47B, a 2.14% increase from 2022.
- Iceland imports for 2022 was $13.19B, a 30.92% increase from 2021.
- Iceland imports for 2021 was $10.07B, a 34.33% increase from 2020.
- Iceland imports for 2020 was $7.50B, a 22.4% decline from 2019.
| Iceland Imports - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2023 |
$13.47B |
43.42% |
| 2022 |
$13.19B |
45.94% |
| 2021 |
$10.07B |
39.04% |
| 2020 |
$7.50B |
34.67% |
| 2019 |
$9.66B |
39.15% |
| 2018 |
$11.18B |
42.59% |
| 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% |
