Goods Imports (BoP, USD) rose 22.771937573082% to USD 6.53 bil in Iceland in 2017

Goods Imports (BoP, USD) (USD bil)
Economy | Iceland | May 17, 2019
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Goods imports as a part of balance payment reached 6.53 USD bil in 2017 in Iceland, according to the National Statistical Office. This is 22.8 % more than in the previous year.

Historically, goods imports as a part of balance payment in Iceland reached an all time high of 6.53 USD bil in 2017 and an all time low of 0.428 USD bil in 1976. When compared to Iceland's main peers, goods imports as a part of balance payment in Denmark amounted to 94.7 USD bil, 81.7 USD bil in Norway, 154 USD bil in Sweden and 613 USD bil in United Kingdom in 2017.

Iceland has been ranked 107th within the group of 156 countries we follow in terms of goods imports as a part of balance payment, 13 places behind the position seen 10 years ago.

Goods imports refer to all movable goods (including non-monetary gold) involved in a change of ownership from non-residents to residents.

Goods Imports (BoP, USD) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Belgium USD bil 337 313 322 318 255
Denmark USD bil 101 97.2 102 104 89.0
Finland USD bil 79.6 73.6 75.1 73.1 56.9
France USD bil 677 631 639 637 554
Germany USD bil 1,206 1,120 1,152 1,178 1,018
Iceland USD bil 4.54 4.51 4.53 4.96 4.93
Ireland USD bil 67.2 63.6 66.1 94.0 96.4
Netherlands USD bil 464 455 468 470 391
Norway USD bil 91.0 87.8 91.6 91.2 76.3
Russia USD bil 319 336 341 308 193
Sweden USD bil 174 162 160 162 139
United Kingdom USD bil 638 642 656 683 618