Iceland

Trade Balance (USD)

-0.54
billion USD
Dec 76Dec 79Dec 82Dec 85Dec 88Dec 91Dec 94Dec 97Dec 00Dec 03Dec 06Dec 09Dec 12Dec 15Dec 18Dec 21-4.000-2.0000.0002.0004.000
  • Iceland
  • Global Median
Source: United Nations

Global Ranking

100
Azerbaijan-0.33
101
Eritrea-0.4
101
Bhutan-0.4
103
Benin-0.44
104
Iceland-0.54
105
Gambia-0.59
105
Cape Verde-0.59
107
Nicaragua-0.6
108
Burundi-0.62
108
Cyprus-0.62

Europe Ranking

22
Finland0.64
23
Belgium0.6
24
Andorra0.3
25
Estonia0.08
27
Iceland-0.54
28
Cyprus-0.62
29
Latvia-0.82
30
Montenegro-1.13
31
Armenia-1.26
32
Macedonia-2.2

News

Definition of Trade Balance (USD)

Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.

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