Export scale and balance
Start with the latest reported trade position
In 2024, Iceland recorded $7.1B in exports and $9.2B in imports. The resulting -$2.1B trade balance gives the latest country-level position a clear context.
Exports changed +5.8% year on year and show a calculated +4.3% three-year CAGR. CAGR is an annualized comparison of reported values, not a forecast.
