Iceland vs Mongolia: Exports of goods and services

Iceland
15.48 billion current US$
in 2025
Mongolia
17.27 billion current US$
in 2025
Iceland rank
97th
Mongolia rank
94th

Exports of goods and services over time

  • Iceland
  • Mongolia
05.0B10.0B15.0B197019972025

How they compare

Mongolia currently reports 17.27 billion current US$ against 15.48 billion current US$ in Iceland, a difference of 1.79 billion current US$.

That makes Mongolia's figure about 1.1 times Iceland's.

The two have swapped places 3 times across 45 shared years of data; in 1981 it was Iceland ahead.

Iceland ranks 97th and Mongolia ranks 94th of 192 countries.

Across the 5 decades both report, Iceland averaged higher in 4 and Mongolia in 1.

Head to head by decade

Decade Iceland Mongolia Difference Ahead
1980s 1.41 billion current US$ 740.47 million current US$ 671.86 million current US$ Iceland
1990s 2.43 billion current US$ 576.17 million current US$ 1.85 billion current US$ Iceland
2000s 4.87 billion current US$ 1.54 billion current US$ 3.33 billion current US$ Iceland
2010s 9.54 billion current US$ 5.92 billion current US$ 3.63 billion current US$ Iceland
2020s 12.41 billion current US$ 12.82 billion current US$ 405.87 million current US$ Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher exports of goods and services, Iceland or Mongolia?
Mongolia, at 17.27 billion current US$ against 15.48 billion current US$ in Iceland as of 2025.
What is the difference in exports of goods and services between Iceland and Mongolia?
1.79 billion current US$, with Mongolia ahead.
How many years of comparable data are there for Iceland and Mongolia?
45 years are reported by both, from 1981 to 2025.
How do Iceland and Mongolia rank globally for exports of goods and services?
Iceland ranks 97th and Mongolia ranks 94th of 192 countries.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Exports of goods and services (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Mongolia: Exports of goods and services. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 03 September 2026, from https://economy.statizoid.com/compare/exports-of-goods-and-services-current-us/iceland/mongolia/

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About this data

Indicator
Exports of goods and services (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
236 places, 11,401 data points, 1960–2025
Last refreshed

Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.