Iceland vs Mongolia: Imports of goods and services

Iceland
16.35 billion current US$
in 2025
Mongolia
15.89 billion current US$
in 2025
Iceland rank
100th
Mongolia rank
101st

Imports of goods and services over time

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

How they compare

Iceland currently reports 16.35 billion current US$ against 15.89 billion current US$ in Mongolia, a difference of 458.10 million current US$.

The two have swapped places 5 times across 45 shared years of data; in 1981 it was Mongolia ahead.

Iceland ranks 100th and Mongolia ranks 101st 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$ 1.83 billion current US$ 411.82 million current US$ Mongolia
1990s 2.43 billion current US$ 758.10 million current US$ 1.67 billion current US$ Iceland
2000s 5.65 billion current US$ 1.74 billion current US$ 3.92 billion current US$ Iceland
2010s 8.29 billion current US$ 7.03 billion current US$ 1.26 billion current US$ Iceland
2020s 12.65 billion current US$ 12.47 billion current US$ 173.44 million current US$ Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher imports of goods and services, Iceland or Mongolia?
Iceland, at 16.35 billion current US$ against 15.89 billion current US$ in Mongolia as of 2025.
What is the difference in imports of goods and services between Iceland and Mongolia?
458.10 million current US$, with Iceland ahead.
How many years of comparable data are there for Iceland and Mongolia?
45 years are reported by both, from 1981 to 2025.
How do Iceland and Mongolia rank globally for imports of goods and services?
Iceland ranks 100th and Mongolia ranks 101st of 192 countries.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Imports of goods and services (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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

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About this data

Indicator
Imports 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
237 places, 11,453 data points, 1960–2025
Last refreshed

Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to 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.