Imports by region of origin in Iceland

Iceland: Imports by region of origin was 1.03 billion current US$ in 2025. ◆ Volatile

Latest (2025)
1.03 billion current US$
Change on year
down 10.4%
World rank
98th
of 210 countries
All-time high
1.15 billion current US$
in 2024
All-time low
12.50 million current US$
in 1961
Years of data
78
1948–2025

Imports by region of origin in Iceland, 1948–2025

0250.0M500.0M750.0M1.0B1.2B194819862025

Source: International Monetary Fund (2026) – with major processing by Our World in Data. Measured in current US$.

Analysis

Iceland recorded 1.03 billion current US$ for imports by region of origin in 2025.

The figure is down 10.4% on the previous year and up 33.7% over ten years.

Over the whole period, imports by region of origin in Iceland peaked at 1.15 billion current US$ in 2024 and was at its lowest, 12.50 million current US$, in 1961.

That places Iceland 98th out of 210 countries with data for 2025, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Imports by region of origin in Iceland, year by year

Annual values for Imports by region of origin in Iceland, 1948 to 2025.
Year current US$ Change
1948 16.20 million current US$ —
1949 14.90 million current US$ -8.0%
1950 13.30 million current US$ -10.7%
1951 13.80 million current US$ +3.8%
1952 20.70 million current US$ +50.0%
1953 26.20 million current US$ +26.6%
1954 15.70 million current US$ -40.1%
1955 19.10 million current US$ +21.7%
1956 17.30 million current US$ -9.4%
1957 13.20 million current US$ -23.7%
1958 13.40 million current US$ +1.5%
1959 17.00 million current US$ +26.9%
1960 13.50 million current US$ -20.6%
1961 12.50 million current US$ -7.4%
1962 12.80 million current US$ +2.4%
1963 13.90 million current US$ +8.6%
1964 26.10 million current US$ +87.8%
1965 23.90 million current US$ -8.4%
1966 28.20 million current US$ +18.0%
1967 27.50 million current US$ -2.5%
1968 17.10 million current US$ -37.8%
1969 12.75 million current US$ -25.4%
1970 14.90 million current US$ +16.8%
1971 23.13 million current US$ +55.3%
1972 24.44 million current US$ +5.7%
1973 27.52 million current US$ +12.6%
1974 45.42 million current US$ +65.0%
1975 46.54 million current US$ +2.5%
1976 53.85 million current US$ +15.7%
1977 50.66 million current US$ -5.9%
1978 59.76 million current US$ +18.0%
1979 59.67 million current US$ -0.1%
1980 109.53 million current US$ +83.6%
1981 93.66 million current US$ -14.5%
1982 88.93 million current US$ -5.0%
1983 71.69 million current US$ -19.4%
1984 64.31 million current US$ -10.3%
1985 69.16 million current US$ +7.5%
1986 88.01 million current US$ +27.2%
1987 124.42 million current US$ +41.4%
1988 132.85 million current US$ +6.8%
1989 168.05 million current US$ +26.5%
1990 251.85 million current US$ +49.9%
1991 194.89 million current US$ -22.6%
1992 161.57 million current US$ -17.1%
1993 142.86 million current US$ -11.6%
1994 149.97 million current US$ +5.0%
1995 175.13 million current US$ +16.8%
1996 217.49 million current US$ +24.2%
1997 228.68 million current US$ +5.1%
1998 284.06 million current US$ +24.2%
1999 303.91 million current US$ +7.0%
2000 322.18 million current US$ +6.0%
2001 293.77 million current US$ -8.8%
2002 275.37 million current US$ -6.3%
2003 248.98 million current US$ -9.6%
2004 437.66 million current US$ +75.8%
2005 536.46 million current US$ +22.6%
2006 987.31 million current US$ +84.0%
2007 1.07 billion current US$ +8.3%
2008 634.55 million current US$ -40.7%
2009 383.50 million current US$ -39.6%
2010 439.14 million current US$ +14.5%
2011 624.19 million current US$ +42.1%
2012 594.51 million current US$ -4.8%
2013 623.56 million current US$ +4.9%
2014 699.02 million current US$ +12.1%
2015 768.88 million current US$ +10.0%
2016 805.90 million current US$ +4.8%
2017 633.68 million current US$ -21.4%
2018 917.80 million current US$ +44.8%
2019 797.30 million current US$ -13.1%
2020 489.53 million current US$ -38.6%
2021 806.10 million current US$ +64.7%
2022 865.07 million current US$ +7.3%
2023 983.87 million current US$ +13.7%
2024 1.15 billion current US$ +16.6%
2025 1.03 billion current US$ -10.4%

Iceland compared with similar countries

  • Iceland's 1.03 billion current US$ is below the median for high income countries, which is 2.96 billion current US$, 35% of the median. (74 countries reporting)
  • Iceland's 1.03 billion current US$ is below the median for Europe & Central Asia, which is 2.11 billion current US$, 49% of the median. (52 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1940s 15.55 million current US$ 14.90 million current US$ 16.20 million current US$ 2
1950s 16.97 million current US$ 13.20 million current US$ 26.20 million current US$ 10
1960s 18.83 million current US$ 12.50 million current US$ 28.20 million current US$ 10
1970s 40.59 million current US$ 14.90 million current US$ 59.76 million current US$ 10
1980s 101.06 million current US$ 64.31 million current US$ 168.05 million current US$ 10
1990s 211.04 million current US$ 142.86 million current US$ 303.91 million current US$ 10
2000s 518.91 million current US$ 248.98 million current US$ 1.07 billion current US$ 10
2010s 690.40 million current US$ 439.14 million current US$ 917.80 million current US$ 10
2020s 886.59 million current US$ 489.53 million current US$ 1.15 billion current US$ 6

Countries ranked near Iceland

  1. 95 Democratic Republic of Congo 1.07 billion current US$ compare
  2. 96 Macao 1.07 billion current US$ compare
  3. 97 Angola 1.05 billion current US$ compare
  4. 99 Serbia 1.02 billion current US$ compare
  5. 100 Belize 975.93 million current US$ compare
  6. 101 Luxembourg 889.61 million current US$ compare

See the full ranking of 210 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is imports by region of origin in Iceland?
Imports by region of origin in Iceland was 1.03 billion current US$ in 2025, according to International Monetary Fund (2026) – with major processing by Our World in Data.
What is the highest imports by region of origin recorded in Iceland?
The highest recorded value was 1.15 billion current US$ in 2024.
What is the lowest imports by region of origin recorded in Iceland?
The lowest recorded value was 12.50 million current US$ in 1961.
How does Iceland rank for imports by region of origin?
Iceland ranks 98th out of 210 countries with data for 2025.
Is imports by region of origin rising or falling in Iceland?
Over the last ten years it is up 33.7%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from International Monetary Fund (2026) – with major processing by Our World in Data, published as part of Imports by region of origin. Statizoid updates them automatically from the source API.

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Imports by region of origin in Iceland. Statizoid, drawing on International Monetary Fund (2026) – with major processing by Our World in Data. Retrieved 07 November 2026, from https://economy.statizoid.com/stat/value-imports-by-region-origin/iceland/

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About this data

Indicator
Imports by region of origin
Unit
current US$
Source
International Monetary Fund (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
210 places, 11,872 data points, 1948–2025
Last refreshed

Total value of goods a country imports from North America in US dollars, including freight and insurance costs. This data is not adjusted for inflation.