Share of food products in total merchandise exports in Iceland
Iceland: Share of food products in total merchandise exports was 46.9% in 2025. ▼ Falling
Share of food products in total merchandise exports in Iceland, 1962–2025
Source: UN Comtrade, WITS, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of merchandise exports.
Analysis
In 2025, share of food products in total merchandise exports in Iceland stood at 46.9%.
The figure is up 6.7% on the previous year and up 4.3% over ten years.
Over the whole period, share of food products in total merchandise exports in Iceland peaked at 95.3% in 1965 and was at its lowest, 38.2%, in 2008.
That places Iceland 42nd out of 196 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently falling across the 64 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 92.4% | 85.2% | 95.3% | 8 |
| 1970s | 78.4% | 74.7% | 86.1% | 10 |
| 1980s | 76.4% | 70.6% | 80.5% | 10 |
| 1990s | 77.8% | 69.6% | 83.6% | 10 |
| 2000s | 55.6% | 38.2% | 65.2% | 10 |
| 2010s | 44.5% | 41.4% | 47.2% | 10 |
| 2020s | 45.6% | 41.5% | 50.8% | 6 |
Countries ranked near Iceland
More economy & growth data for Iceland
- External balance on goods and services as a percent of GDP -2.3% (2025)
- Inflation of consumer prices 4.1% (2025)
- GDP per capita 58,910 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 8.5% (2025)
- Gross domestic product (GDP) 23.12 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 58,910 constant 2015 US$ (2025)
- DEC alternative conversion factor 128.44 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -52.84 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -383.05 million current US$ (2024)
- Taxes less subsidies on products 498.69 billion current LCU (2025)
Frequently asked questions
- What is share of food products in total merchandise exports in Iceland?
- Share of food products in total merchandise exports in Iceland was 46.9% in 2025, according to UN Comtrade, WITS, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest share of food products in total merchandise exports recorded in Iceland?
- The highest recorded value was 95.3% in 1965.
- What is the lowest share of food products in total merchandise exports recorded in Iceland?
- The lowest recorded value was 38.2% in 2008.
- How does Iceland rank for share of food products in total merchandise exports?
- Iceland ranks 42nd out of 196 countries with data for 2025.
- Is share of food products in total merchandise exports rising or falling in Iceland?
- Over the last ten years it is up 4.3%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from UN Comtrade, WITS, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Share of food products in total merchandise exports. Statizoid updates them automatically from the source API.
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About this data
Value of food exports divided by the total value of merchandise exports, expressed as a percentage.