Share of imports that come from China in Iceland
Iceland: Share of imports that come from China was 10.8% in 2024. ◆ Volatile
Share of imports that come from China in Iceland, 1965–2024
Source: International Monetary Fund (2025) – with major processing by Our World in Data. Measured in %.
Analysis
In 2024, share of imports that come from china in Iceland stood at 10.8%. That is the highest value across all 60 years on record.
The figure is up 23.5% on the previous year and up 46.3% over ten years.
Over the whole period, share of imports that come from china in Iceland peaked at 10.8% in 2024 and was at its lowest, 0.1%, in 1967.
That places Iceland 132nd out of 206 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Share of imports that come from China in Iceland, year by year
| Year | % | Change |
|---|---|---|
| 1965 | 0.1% | — |
| 1966 | 0.1% | -13.0% |
| 1967 | 0.1% | -1.4% |
| 1968 | 0.2% | +143.9% |
| 1969 | 0.1% | -21.3% |
| 1970 | 0.1% | -21.7% |
| 1971 | 0.1% | +23.9% |
| 1972 | 0.1% | -12.6% |
| 1973 | 0.1% | -28.0% |
| 1974 | 0.1% | +24.9% |
| 1975 | 0.1% | +9.5% |
| 1976 | 0.1% | +18.6% |
| 1977 | 0.2% | +14.3% |
| 1978 | 0.2% | +4.2% |
| 1979 | 0.2% | +8.5% |
| 1980 | 0.2% | +3.0% |
| 1981 | 0.2% | +15.7% |
| 1982 | 0.2% | -3.8% |
| 1983 | 0.3% | +26.4% |
| 1984 | 0.2% | -11.0% |
| 1985 | 0.2% | -5.8% |
| 1986 | 0.2% | +7.0% |
| 1987 | 0.2% | -8.9% |
| 1988 | 0.3% | +35.6% |
| 1989 | 0.4% | +29.1% |
| 1990 | 0.5% | +23.0% |
| 1991 | 0.6% | +25.8% |
| 1992 | 0.7% | +23.8% |
| 1993 | 1.0% | +46.1% |
| 1994 | 1.4% | +30.0% |
| 1995 | 1.4% | +1.7% |
| 1996 | 1.3% | -2.8% |
| 1997 | 1.4% | +1.5% |
| 1998 | 0.9% | -35.3% |
| 1999 | 1.7% | +91.3% |
| 2000 | 1.8% | +9.0% |
| 2001 | 2.8% | +53.4% |
| 2002 | 2.9% | +3.6% |
| 2003 | 3.6% | +22.7% |
| 2004 | 3.8% | +5.9% |
| 2005 | 5.3% | +39.0% |
| 2006 | 5.3% | +0.3% |
| 2007 | 5.1% | -3.2% |
| 2008 | 6.8% | +32.9% |
| 2009 | 5.0% | -26.6% |
| 2010 | 6.1% | +22.0% |
| 2011 | 6.3% | +3.9% |
| 2012 | 7.2% | +13.5% |
| 2013 | 7.8% | +8.9% |
| 2014 | 7.4% | -5.4% |
| 2015 | 7.9% | +6.5% |
| 2016 | 7.4% | -6.0% |
| 2017 | 7.0% | -5.6% |
| 2018 | 8.7% | +25.3% |
| 2019 | 7.4% | -15.5% |
| 2020 | 7.6% | +3.0% |
| 2021 | 8.8% | +16.3% |
| 2022 | 9.3% | +4.7% |
| 2023 | 8.7% | -5.6% |
| 2024 | 10.8% | +23.5% |
Iceland compared with similar countries
- Iceland's 10.8% is above the median for high income countries, which is 8.4%, 1.3× the median. (72 countries reporting)
- Iceland's 10.8% is above the median for Europe & Central Asia, which is 8.6%, 1.3× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Share of imports that come from China in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1968 | +143.9% | 0.1% | 0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.1% | 0.1% | 0.2% | 5 |
| 1970s | 0.1% | 0.1% | 0.2% | 10 |
| 1980s | 0.2% | 0.2% | 0.4% | 10 |
| 1990s | 1.1% | 0.5% | 1.7% | 10 |
| 2000s | 4.2% | 1.8% | 6.8% | 10 |
| 2010s | 7.3% | 6.1% | 8.7% | 10 |
| 2020s | 9.0% | 7.6% | 10.8% | 5 |
Countries ranked near Iceland
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is share of imports that come from china in Iceland?
- Share of imports that come from china in Iceland was 10.8% in 2024, according to International Monetary Fund (2025) – with major processing by Our World in Data.
- What is the highest share of imports that come from china recorded in Iceland?
- The highest recorded value was 10.8% in 2024.
- What is the lowest share of imports that come from china recorded in Iceland?
- The lowest recorded value was 0.1% in 1967.
- How does Iceland rank for share of imports that come from china?
- Iceland ranks 132nd out of 206 countries with data for 2024.
- Is share of imports that come from china rising or falling in Iceland?
- Over the last ten years it is up 46.3%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund (2025) – with major processing by Our World in Data, published as part of Share of imports that come from China. Statizoid updates them automatically from the source API.
Download this data
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About this data
Percentage of a country's total goods imports, including freight and insurance costs, that come from China.