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 |