Goods imports as a part of balance payment rose 37.3% to USD 7.30 bil in Iceland in 2021, according to the National Statistical Office.
Historically, goods imports as a part of balance payment in Iceland reached an all time high of USD 7.30 bil in 2021 and an all time low of USD 0.428 bil in 1976. When compared to Iceland's main peers, goods imports as a part of balance payment in Denmark amounted to USD 127 bil, USD 99.1 bil in Norway, USD 184 bil in Sweden and USD 656 bil in United Kingdom in 2021.
Iceland has been ranked 103rd within the group of 140 countries we follow in terms of goods imports as a part of balance payment, 19 places above the position seen 10 years ago.
| Goods Imports (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 | ... | 249 | 267 | 298 | 329 | 314 | |||||||||||||||
| Denmark | USD bil | 89.0 | 86.8 | 96.3 | 106 | 103 | ||||||||||||||||
| Finland | USD bil | 56.7 | 58.3 | 65.5 | 74.0 | 70.1 | ||||||||||||||||
| France | USD bil | 554 | 557 | 611 | 674 | 649 | ||||||||||||||||
| Germany | USD bil | 1,019 | 1,025 | 1,132 | 1,261 | 1,219 | ||||||||||||||||
| Iceland | USD bil | 4.93 | 5.32 | 6.53 | 7.23 | 6.34 | ||||||||||||||||
| Ireland | USD bil | 96.4 | 96.4 | 100 | 120 | 121 | ||||||||||||||||
| Netherlands | USD bil | 392 | 393 | 439 | 488 | 482 | ||||||||||||||||
| Norway | USD bil | 76.3 | 76.0 | 80.6 | 88.1 | 87.6 | ||||||||||||||||
| Russia | USD bil | 193 | 191 | 238 | 249 | 254 | ||||||||||||||||
| Sweden | USD bil | 140 | 142 | 154 | 170 | 159 | ||||||||||||||||
| United Kingdom | USD bil | 621 | 591 | 617 | 659 | 654 |
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