Iceland - Trade Balance 1974
$-146.7M
−$122.2M from 1973
Iceland's trade balance was $-146.7M in 1974, decreased +$122.2M from $-24.5M in 1973. This was the 46th highest globally.
Global Ranking - 1974▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | United Kingdom | $-9.4B | -133.3% |
| 2nd | Italy | $-7.5B | -130.3% |
| 3rd | Brazil | $-6.2B | -533.0% |
| 4th | Spain | $-5.2B | -353.3% |
| 5th | Japan | $-4.0B | -1,615.3% |
| 6th | Israel | $-3.1B | -29.8% |
| 7th | France | $-2.2B | -187.7% |
| 8th | Germany | $-2.2B | 45.2% |
| 9th | Korea | $-2.2B | -312.5% |
| 10th | Portugal | $-2.1B | -156.5% |
| 11th | Türkiye | $-2.0B | -266.7% |
| 12th | New Zealand | $-1.7B | -8,906.1% |
| 13th | Mexico | $-1.6B | -167.7% |
| 14th | Greece | $-1.6B | 7.9% |
| 15th | Cuba | $-1.3B | -14.2% |
| 16th | India | $-1.2B | -169.0% |
| 17th | Denmark | $-1.1B | -96.6% |
| 18th | Ireland | $-1.1B | -112.1% |
| 19th | Egypt, Arab Republic of | $-1.0B | -115.9% |
| 20th | Peru | $-1.0B | -351.1% |
| 21st | Finland | $-957.5M | -278.5% |
| 22nd | Puerto Rico (US) | $-922.8M | 10.5% |
| 23rd | Bangladesh | $-831.8M | -93.5% |
| 24th | United States | $-815.0M | -119.8% |
| 25th | Singapore | $-784.4M | -134.3% |
| 26th | Norway | $-728.0M | -741.2% |
| 27th | China | $-503.1M | -171.7% |
| 28th | Syrian Arab Republic | $-498.5M | -314.6% |
| 29th | Austria | $-471.2M | -158.3% |
| 30th | Pakistan | $-327.5M | -1,053.8% |
| 31st | Panama | $-327.4M | -158.2% |
| 32nd | Thailand | $-324.3M | -107.3% |
| 33rd | Switzerland | $-321.5M | -280.4% |
| 34th | Sudan | $-317.3M | -374.2% |
| 35th | Dominican Republic | $-273.7M | -164.4% |
| 36th | Sri Lanka | $-266.9M | -666.0% |
| 37th | Costa Rica | $-249.6M | -168.8% |
| 38th | Senegal | $-226.8M | -5.1% |
| 39th | Kenya | $-214.5M | -570.4% |
| 40th | Nicaragua | $-205.9M | -96.4% |
| 41st | South Africa | $-201.6M | -127.3% |
| 42nd | Niger | $-171.4M | -120.3% |
| 43rd | Canada | $-156.4M | -110.9% |
| 44th | Sweden | $-154.1M | -109.0% |
| 45th | Mali | $-151.6M | -112.6% |
| 46th | Iceland | $-146.7M | -498.7% |
| 47th | El Salvador | $-140.2M | -221.5% |
| 48th | Colombia | $-134.9M | -157.8% |
| 49th | Honduras | $-131.8M | -520.4% |
| 50th | Burkina Faso | $-121.3M | -8.3% |
| 51st | Somalia, Fed. Rep. | $-105.3M | -60.2% |
| 52nd | Guatemala | $-103.0M | -692.0% |
| 53rd | Uruguay | $-102.6M | -383.7% |
| 54th | Ghana | $-100.6M | -166.2% |
| 55th | Malta | $-99.4M | -59.7% |
| 56th | Lesotho | $-95.7M | -47.5% |
| 57th | Madagascar | $-89.8M | -17.3% |
| 58th | Guinea-Bissau | $-87.9M | -9.1% |
| 59th | Benin | $-84.2M | -62.2% |
| 60th | Botswana | $-73.0M | -29.3% |
| 61st | Nepal | $-62.1M | -69.8% |
| 62nd | Australia | $-57.5M | -102.9% |
| 63rd | Chad | $-54.9M | -9.1% |
| 64th | Morocco | $-48.8M | 38.4% |
| 65th | Central African Republic | $-43.9M | -105.7% |
| 66th | Congo, Republic of | $-36.6M | 42.6% |
| 67th | Rwanda | $-28.3M | -427.5% |
| 68th | Faroe Islands | $-24.8M | -353.4% |
| 69th | Paraguay | $-22.0M | -418.7% |
| 70th | Afghanistan | $-17.8M | 42.9% |
| 71st | Mauritania | $-16.3M | -164.7% |
| 72nd | Sierra Leone | $-13.2M | -285.9% |
| 73rd | Uganda | $-6.8M | -111.8% |
| 74th | Gambia, The | $-4.5M | 17.0% |
| 75th | Guyana | $8.4M | 116.3% |
| 76th | Malaysia | $22.4M | -94.8% |
| 77th | Chile | $37.1M | 110.6% |
| 78th | Kiribati | $39.0M | 825.9% |
| 79th | Cameroon | $56.9M | 190.6% |
| 80th | Papua New Guinea | $103.3M | -20.9% |
| 81st | Tunisia | $112.0M | 1,251.9% |
| 82nd | Togo | $139.3M | 459.6% |
| 83rd | Bolivia, Plurinational State of | $178.4M | 2,433.3% |
| 84th | Gabon | $220.6M | 2,487.9% |
| 85th | Côte d'Ivoire | $224.8M | 255.3% |
| 86th | Ecuador | $257.4M | 442.7% |
| 87th | Belgium | $288.9M | -68.5% |
| 88th | Oman | $427.3M | 600.3% |
| 89th | Algeria | $430.5M | 181.2% |
| 90th | Argentina | $444.4M | -55.6% |
| 91st | Hong Kong SAR, China | $450.0M | -11.2% |
| 92nd | Brunei Darussalam | $780.5M | - |
| 93rd | Luxembourg | $869.0M | 81.1% |
| 94th | Indonesia | $2.0B | 1,996.6% |
| 95th | Iraq | $3.4B | 204.3% |
| 96th | Netherlands | $4.8B | 24.5% |
| 97th | Kuwait | $9.3B | 243.6% |
| 98th | Iran, Islamic Republic of | $10.8B | 211.5% |
| 99th | Saudi Arabia | $22.6B | 91.8% |
FAQ
What was Iceland's trade balance in 1974?▾
Iceland's trade balance in 1974 was $-146.7M. This ranked 46th globally.
How did Iceland's trade balance change in 1974?▾
Iceland's trade balance decreased by 498.7% in 1974 compared to 1973.
Which country had the highest trade balance in 1974?▾
Saudi Arabia had the highest trade balance in 1974 at $22.6B.
What is the trade balance of Iceland in 1974?▾
The trade balance of Iceland in 1974 was $-146.7M. This ranked 46th globally.
How does 1974 compare to 1973 for Iceland's trade balance?▾
Iceland's trade balance went from $-24.5M in 1973 to $-146.7M in 1974, a 498.7% decrease.
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