Iceland: Exports, billion dollars

* indicates monthly or quarterly data series
 Iceland

Exports of goods and services, billion USD

 Latest value 15.48
 Year 2025
 Measure billion U.S. dollars
 Data availability 1970 - 2025
 Average 4.68
 Min - Max 0.23 - 15.48
 Source The World Bank
 Available for Data download
The latest value from 2025 is 15.48 billion U.S. dollars, an increase from 14.09 billion U.S. dollars in 2024. In comparison, the world average is 207.70 billion U.S. dollars, based on data from 135 countries. Historically, the average for Iceland from 1970 to 2025 is 4.68 billion U.S. dollars. The minimum value, 0.23 billion U.S. dollars, was reached in 1970 while the maximum of 15.48 billion U.S. dollars was recorded in 2025. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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 Recent values Iceland: Exports, billion dollars
 2025 15.48
 2024 14.09
 2023 13.94
 2022 13.63
 2021 9.80
 2020 7.52
 2019 11.17
 2018 12.40




Definition: Exports of goods and services represent the value of all goods and other market services provided to 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.

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 Related indicators Latest Reference Measure
 Terms of trade 88.40 2024 percent
 Trade openness 82.49 2025 percent
 Financial openness 2.037 2022 index points
 Exports, percent of GDP 40.11 2025 percent
 Exports, billion dollars 15.48 2025 billion U.S. dollars
 Growth of exports 0.99 2025 percent
 Imports, percent of GDP 42.37 2025 percent
 Imports, billion dollars 16.35 2025 billion U.S. dollars
 Foreign Direct Investment, percent of GDP -0.52 2025 percent
 Foreign Direct Investment, billion dollars 2.83 2024 billion U.S. dollars
 Portfolio investment inflows, equities 67.69 2025 million dollars (current)
 Current account, percent of GDP -3.48 2025 percent
 Current account, in dollars -1.34 2025 billion U.S. dollars
 Current Account, quarterly -6.38 6/2026 percent
 Trade balance, percent of GDP -2.26 2025 percent
 Trade balance, in dollars -0.82 2025 billion U.S. dollars
 Reserves 7.73 2025 billion U.S. dollars
 Remittances, percent of GDP 0.73 2025 percent
 Remittances 281.53 2025 million U.S. dollars
 Net errors and omissions -167.64 2025 million USD
 External debt 71.66 2024 percent
 Short-term external debt 11.58 2024 percent
 Short-term debt to reserves 43.10 2024 percent
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