Armenia vs Iceland: Goods imports

Armenia
11.59 billion BoP, current US$
in 2025
Iceland
10.41 billion BoP, current US$
in 2025
Armenia rank
107th
Iceland rank
109th

Goods imports over time

  • Armenia
  • Iceland
05.0B10.0B15.0B197620002025

How they compare

Armenia currently reports 11.59 billion BoP, current US$ against 10.41 billion BoP, current US$ in Iceland, a difference of 1.18 billion BoP, current US$.

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

The two have swapped places 1 time across 33 shared years of data; in 1993 it was Iceland ahead.

Armenia ranks 107th and Iceland ranks 109th of 199 countries.

Across the 4 decades both report, Armenia averaged higher in 1 and Iceland in 3.

Head to head by decade

Decade Armenia Iceland Difference Ahead
1990s 627.55 million BoP, current US$ 1.79 billion BoP, current US$ 1.17 billion BoP, current US$ Iceland
2000s 1.83 billion BoP, current US$ 3.84 billion BoP, current US$ 2.01 billion BoP, current US$ Iceland
2010s 3.70 billion BoP, current US$ 5.23 billion BoP, current US$ 1.53 billion BoP, current US$ Iceland
2020s 9.13 billion BoP, current US$ 8.36 billion BoP, current US$ 771.44 million BoP, current US$ Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods imports, Armenia or Iceland?
Armenia, at 11.59 billion BoP, current US$ against 10.41 billion BoP, current US$ in Iceland as of 2025.
What is the difference in goods imports between Armenia and Iceland?
1.18 billion BoP, current US$, with Armenia ahead.
How many years of comparable data are there for Armenia and Iceland?
33 years are reported by both, from 1993 to 2025.
How do Armenia and Iceland rank globally for goods imports?
Armenia ranks 107th and Iceland ranks 109th of 199 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods imports (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Iceland: Goods imports. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 24 August 2026, from https://economy.statizoid.com/compare/goods-imports-bop-current-us/armenia/iceland/

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About this data

Indicator
Goods imports (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
246 places, 9,762 data points, 1960–2025
Last refreshed

Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. 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.