Estonia vs Iceland: Net trade in goods
Estonia
-3.13 billion BoP, current US$
in 2025
Iceland
-3.01 billion BoP, current US$
in 2025
Estonia rank
136th
Iceland rank
133rd
Net trade in goods over time
- Estonia
- Iceland
How they compare
Iceland currently reports -3.01 billion BoP, current US$ against -3.13 billion BoP, current US$ in Estonia, a difference of 119.38 million BoP, current US$.
The two have swapped places 4 times across 34 shared years of data; in 1992 it was Iceland ahead.
Estonia ranks 136th and Iceland ranks 133rd of 199 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Estonia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -722.39 million BoP, current US$ | -23.00 million BoP, current US$ | 699.38 million BoP, current US$ | Iceland |
| 2000s | -1.97 billion BoP, current US$ | -911.95 million BoP, current US$ | 1.06 billion BoP, current US$ | Iceland |
| 2010s | -1.13 billion BoP, current US$ | -374.81 million BoP, current US$ | 751.04 million BoP, current US$ | Iceland |
| 2020s | -2.26 billion BoP, current US$ | -1.77 billion BoP, current US$ | 492.04 million BoP, current US$ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods, Estonia or Iceland?
- Iceland, at -3.01 billion BoP, current US$ against -3.13 billion BoP, current US$ in Estonia as of 2025.
- What is the difference in net trade in goods between Estonia and Iceland?
- 119.38 million BoP, current US$, with Iceland ahead.
- How many years of comparable data are there for Estonia and Iceland?
- 34 years are reported by both, from 1992 to 2025.
- How do Estonia and Iceland rank globally for net trade in goods?
- Estonia ranks 136th and Iceland ranks 133rd of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods is the difference between the exports and imports of goods. 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.