Fuel imports in Iceland
Iceland: Fuel imports was 9.0% in 2025. ▲ Rising
Fuel imports in Iceland, 1962–2025
Source: Comtrade database, United Nations (UN), publisher: UN Statistics Division. Measured in % of merchandise imports.
Analysis
In 2025, fuel imports in Iceland stood at 9.0%.
That represents a change of down 22.0% on the previous year and down 28.3% over ten years.
Over the whole period, fuel imports in Iceland peaked at 19.6% in 1979 and was at its lowest, 5.2%, in 1998.
Iceland ranks 148th of 196 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 64 years of available data.
Fuel imports in Iceland, year by year
| Year | % of merchandise imports | Change |
|---|---|---|
| 1962 | 12.7% | — |
| 1963 | 11.3% | -10.9% |
| 1964 | 9.4% | -17.6% |
| 1965 | 9.1% | -3.2% |
| 1966 | 7.7% | -15.0% |
| 1967 | 8.0% | +3.6% |
| 1968 | 11.1% | +39.3% |
| 1969 | 9.9% | -10.6% |
| 1970 | 9.2% | -7.0% |
| 1971 | 8.1% | -12.4% |
| 1972 | 7.7% | -5.1% |
| 1973 | 7.9% | +3.3% |
| 1974 | 12.1% | +52.9% |
| 1975 | 12.7% | +4.7% |
| 1976 | 12.3% | -3.3% |
| 1977 | 12.8% | +4.5% |
| 1978 | 11.8% | -8.3% |
| 1979 | 19.6% | +66.7% |
| 1980 | 16.7% | -14.7% |
| 1981 | 16.5% | -1.6% |
| 1982 | 15.5% | -5.6% |
| 1983 | 16.2% | +4.5% |
| 1984 | 15.8% | -3.1% |
| 1985 | 15.7% | -0.2% |
| 1986 | 9.6% | -38.9% |
| 1987 | 7.4% | -22.7% |
| 1988 | 6.3% | -14.5% |
| 1989 | 8.7% | +37.5% |
| 1990 | 9.8% | +12.8% |
| 1991 | 8.3% | -15.2% |
| 1992 | 8.3% | -0.3% |
| 1993 | 9.2% | +10.6% |
| 1994 | 8.3% | -10.0% |
| 1995 | 7.2% | -12.8% |
| 1996 | 7.8% | +8.6% |
| 1997 | 7.6% | -3.2% |
| 1998 | 5.2% | -31.7% |
| 1999 | 5.4% | +4.7% |
| 2000 | 9.3% | +71.5% |
| 2001 | 8.9% | -4.2% |
| 2002 | 8.6% | -3.9% |
| 2003 | 7.8% | -9.4% |
| 2004 | 9.1% | +17.9% |
| 2005 | 9.4% | +2.4% |
| 2006 | 8.9% | -5.5% |
| 2007 | 8.9% | +0.6% |
| 2008 | 12.2% | +37.1% |
| 2009 | 12.4% | +1.7% |
| 2010 | 13.1% | +5.2% |
| 2011 | 14.4% | +10.5% |
| 2012 | 15.0% | +3.9% |
| 2013 | 19.0% | +26.9% |
| 2014 | 17.2% | -9.9% |
| 2015 | 12.5% | -27.2% |
| 2016 | 10.6% | -14.7% |
| 2017 | 11.2% | +4.8% |
| 2018 | 14.6% | +30.8% |
| 2019 | 12.1% | -17.3% |
| 2020 | 6.7% | -44.7% |
| 2021 | 7.6% | +13.2% |
| 2022 | 14.9% | +97.4% |
| 2023 | 13.2% | -11.4% |
| 2024 | 11.5% | -13.0% |
| 2025 | 9.0% | -22.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.9% | 7.7% | 12.7% | 8 |
| 1970s | 11.4% | 7.7% | 19.6% | 10 |
| 1980s | 12.9% | 6.3% | 16.7% | 10 |
| 1990s | 7.7% | 5.2% | 9.8% | 10 |
| 2000s | 9.5% | 7.8% | 12.4% | 10 |
| 2010s | 14.0% | 10.6% | 19.0% | 10 |
| 2020s | 10.5% | 6.7% | 14.9% | 6 |
Countries ranked near Iceland
More energy & mining data for Iceland
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate -4.9 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0.0002 terawatt-hours per person (2025)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Ores and metals imports 7.9% (2025)
Frequently asked questions
- What is fuel imports in Iceland?
- Fuel imports in Iceland was 9.0% in 2025, according to Comtrade database, United Nations (UN), publisher: UN Statistics Division.
- What is the highest fuel imports recorded in Iceland?
- The highest recorded value was 19.6% in 1979.
- What is the lowest fuel imports recorded in Iceland?
- The lowest recorded value was 5.2% in 1998.
- How does Iceland rank for fuel imports?
- Iceland ranks 148th out of 196 countries with data for 2025.
- Is fuel imports rising or falling in Iceland?
- Over the last ten years it is down 28.3%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Comtrade database, United Nations (UN), publisher: UN Statistics Division, published as part of Fuel imports (% of merchandise imports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Fuels comprise the commodities in SITC (Rev. 3) section 3 (mineral fuels, lubricants and related materials). This indicator is expressed as a percentage of merchandise imports which is comprised of goods whose economic ownership is changed between a non-resident and a resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e.