Iceland vs Mexico: Trade

Iceland
82.5%
in 2025
Mexico
79.9%
in 2025
Iceland rank
97th
Mexico rank
100th

Trade over time

  • Iceland
  • Mexico
20406080100196019922025

How they compare

Iceland currently reports 82.5% against 79.9% in Mexico, a difference of 2.6%.

The two have swapped places 2 times across 56 shared years of data; in 1970 it was Iceland ahead.

Iceland ranks 97th and Mexico ranks 100th of 193 countries.

Iceland has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Iceland Mexico Difference Ahead
1970s 70.8% 18.8% 51.9% Iceland
1980s 68.3% 28.4% 39.9% Iceland
1990s 64.6% 39.9% 24.7% Iceland
2000s 74.2% 51.4% 22.9% Iceland
2010s 93.0% 69.3% 23.7% Iceland
2020s 82.3% 79.6% 2.7% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher trade, Iceland or Mexico?
Iceland, at 82.5% against 79.9% in Mexico as of 2025.
What is the difference in trade between Iceland and Mexico?
2.6%, with Iceland ahead.
How many years of comparable data are there for Iceland and Mexico?
56 years are reported by both, from 1970 to 2025.
How do Iceland and Mexico rank globally for trade?
Iceland ranks 97th and Mexico ranks 100th of 193 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Trade (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Mexico: Trade. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 05 September 2026, from https://economy.statizoid.com/compare/trade-percent-of-gdp/iceland/mexico/

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About this data

Indicator
Trade (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
236 places, 11,229 data points, 1960–2025
Last refreshed

Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.