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Goods Exports (BoP, USD) rose 29.0% to USD 6.04 bil in Iceland in 2021

Goods Exports (BoP, USD) (USD bil), 2021
Economy | Iceland | February 1, 2023
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Goods exports as a part of the balance of payment rose 29.0% to USD 6.04 bil in Iceland in 2021, according to the National Statistical Office.

Historically, goods exports as a part of the balance of payment in Iceland reached an all time high of USD 6.04 bil in 2021 and an all time low of USD 0.402 bil in 1976. When compared to Iceland's main peers, goods exports as a part of the balance of payment in Denmark amounted to USD 142 bil, USD 159 bil in Norway, USD 209 bil in Sweden and USD 445 bil in United Kingdom in 2021.

Iceland has been ranked 96th within the group of 140 countries we follow in terms of goods exports as a part of the balance of payment, 7 places above the position seen 10 years ago.

Goods Exports (BoP, USD) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Belgium USD bil ... 251 269 300 327 318
Denmark USD bil 103 104 111 119 121
Finland USD bil 58.8 58.4 67.2 74.3 72.7
France USD bil 522 521 560 613 596
Germany USD bil 1,294 1,305 1,420 1,525 1,460
Iceland USD bil 4.68 4.52 5.00 5.72 5.33
Ireland USD bil 222 214 224 250 255
Netherlands USD bil 464 466 521 573 549
Norway USD bil 104 88.9 104 122 103
Russia USD bil 341 282 353 444 420
Sweden USD bil 151 150 166 181 179
United Kingdom USD bil 427 402 435 468 464