Iceland - Trade Openness 2012
102.43%
+2.30% from 2011
Iceland's trade openness was 102.43% in 2012, increased +2.30% from 100.13% in 2011. This was the 116th highest globally.
Global Ranking - 2012▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Sudan | 21.86% | -20.6% |
| 2nd | Brazil | 25.11% | 4.9% |
| 3rd | Japan | 30.47% | 0.9% |
| 4th | Argentina | 30.53% | -13.3% |
| 5th | United States | 30.68% | -0.5% |
| 6th | Pakistan | 31.32% | -3.2% |
| 7th | Central African Republic | 33.06% | -4.1% |
| 8th | Syrian Arab Republic | 35.37% | -30.2% |
| 9th | Nepal | 37.92% | 4.5% |
| 10th | Colombia | 38.84% | -1.6% |
| 11th | Haiti | 40.26% | -8.8% |
| 12th | Rwanda | 40.54% | 2.1% |
| 13th | Egypt, Arab Republic of | 40.71% | -10.0% |
| 14th | Comoros | 40.81% | 2.0% |
| 15th | Australia | 43.02% | 3.1% |
| 16th | Uganda | 43.50% | 9.4% |
| 17th | Iran, Islamic Republic of | 44.09% | 7.0% |
| 18th | Guinea-Bissau | 44.13% | -9.2% |
| 19th | Uzbekistan | 44.24% | -10.9% |
| 20th | Niger | 45.09% | -10.3% |
| 21st | Cuba | 45.87% | -2.3% |
| 22nd | Russian Federation | 47.15% | -1.8% |
| 23rd | China | 47.48% | -4.9% |
| 24th | Gambia, The | 47.70% | 11.9% |
| 25th | Bangladesh | 48.11% | 1.5% |
| 26th | Mali | 49.43% | 14.5% |
| 27th | Indonesia | 49.58% | -1.2% |
| 28th | Cameroon | 50.04% | -2.9% |
| 29th | Benin | 50.74% | 7.5% |
| 30th | Kenya | 51.62% | -11.6% |
| 31st | Peru | 52.62% | -6.0% |
| 32nd | Madagascar | 52.65% | -6.8% |
| 33rd | Türkiye | 53.33% | -0.6% |
| 34th | Sierra Leone | 53.38% | 21.9% |
| 35th | Tanzania | 54.37% | -3.2% |
| 36th | Chad | 54.39% | -5.5% |
| 37th | Italy | 54.88% | 0.8% |
| 38th | Uruguay | 55.06% | 3.4% |
| 39th | South Africa | 55.58% | 1.7% |
| 40th | India | 55.79% | 0.3% |
| 41st | New Zealand | 56.91% | -3.8% |
| 42nd | Philippines | 57.84% | -4.9% |
| 43rd | French Polynesia | 57.88% | 2.9% |
| 44th | Dominican Republic | 58.51% | -1.0% |
| 45th | Spain | 60.55% | 3.5% |
| 46th | Algeria | 60.76% | -2.4% |
| 47th | Burkina Faso | 61.24% | 6.5% |
| 48th | Yemen, Republic of | 61.36% | -2.7% |
| 49th | France | 61.66% | 1.7% |
| 50th | Guatemala | 61.96% | -4.7% |
| 51st | United Kingdom | 61.97% | -2.1% |
| 52nd | Senegal | 61.98% | 7.6% |
| 53rd | Greece | 62.39% | 10.8% |
| 54th | Canada | 62.60% | 0.2% |
| 55th | New Caledonia | 63.75% | -4.6% |
| 56th | Mexico | 64.26% | 3.4% |
| 57th | Congo, Democratic Republic of | 66.71% | -20.0% |
| 58th | West Bank and Gaza | 66.93% | -0.5% |
| 59th | Ecuador | 67.00% | -4.3% |
| 60th | Costa Rica | 67.05% | -2.3% |
| 61st | Chile | 68.16% | -6.0% |
| 62nd | Norway | 68.50% | -1.6% |
| 63rd | Israel | 69.97% | 1.5% |
| 64th | Côte d'Ivoire | 70.30% | 8.6% |
| 65th | South Sudan | 71.62% | -23.2% |
| 66th | Iraq | 73.61% | 2.0% |
| 67th | Kazakhstan | 73.72% | 0.8% |
| 68th | Bermuda | 73.78% | -3.3% |
| 69th | Zimbabwe | 74.16% | -17.1% |
| 70th | Paraguay | 74.76% | -4.7% |
| 71st | Zambia | 75.37% | 3.5% |
| 72nd | Togo | 75.71% | -2.6% |
| 73rd | Portugal | 75.94% | 4.0% |
| 74th | Armenia | 75.96% | 9.4% |
| 75th | Romania | 76.59% | 0.4% |
| 76th | Guam | 76.75% | -1.3% |
| 77th | Albania | 76.97% | -4.6% |
| 78th | El Salvador | 77.65% | -2.1% |
| 79th | Tonga | 77.97% | -1.1% |
| 80th | Morocco | 78.22% | 1.8% |
| 81st | Azerbaijan | 78.26% | -2.8% |
| 82nd | Croatia | 79.01% | 1.6% |
| 83rd | Germany | 79.33% | 1.1% |
| 84th | Finland | 79.43% | 0.9% |
| 85th | Kosovo | 81.36% | -5.6% |
| 86th | Saudi Arabia | 81.74% | -3.1% |
| 87th | Angola | 81.94% | -8.0% |
| 88th | Serbia | 82.08% | 8.4% |
| 89th | Samoa | 82.73% | 1.4% |
| 90th | Tajikistan | 83.18% | 4.3% |
| 91st | Bahamas, The | 84.25% | -4.6% |
| 92nd | Bolivia, Plurinational State of | 84.95% | 3.0% |
| 93rd | European Union | 85.09% | 1.9% |
| 94th | Sweden | 85.30% | -1.3% |
| 95th | Guinea | 86.67% | 0.8% |
| 96th | Bosnia and Herzegovina | 88.15% | 0.4% |
| 97th | Lebanon | 88.55% | -13.3% |
| 98th | Somalia, Fed. Rep. | 88.57% | 109.6% |
| 99th | Poland | 88.83% | 2.2% |
| 100th | Georgia | 89.73% | 5.0% |
| 101st | Cabo Verde | 90.65% | 0.1% |
| 102nd | Gabon | 92.34% | 2.0% |
| 103rd | Ghana | 93.17% | 8.0% |
| 104th | Bhutan | 94.05% | -8.5% |
| 105th | Kiribati | 96.13% | 2.9% |
| 106th | Moldova | 96.31% | -2.3% |
| 107th | Congo, Republic of | 97.44% | -21.8% |
| 108th | Lao PDR | 98.19% | 7.1% |
| 109th | Libya | 98.22% | 55.9% |
| 110th | Namibia | 100.21% | -1.9% |
| 111th | Greenland | 100.98% | -22.7% |
| 112th | Kuwait | 101.01% | 1.9% |
| 113th | Korea | 101.52% | -0.2% |
| 114th | Tunisia | 101.55% | 1.4% |
| 115th | Oman | 102.07% | 0.4% |
| 116th | Iceland | 102.43% | 2.3% |
| 117th | Ukraine | 102.62% | -2.1% |
| 118th | Puerto Rico (US) | 103.31% | -4.8% |
| 119th | Denmark | 104.36% | 2.3% |
| 120th | Vanuatu | 104.45% | 7.7% |
| 121st | Solomon Islands | 104.82% | -2.3% |
| 122nd | Brunei Darussalam | 105.64% | 6.1% |
| 123rd | Qatar | 105.75% | 7.1% |
| 124th | Austria | 105.84% | 0.1% |
| 125th | Mozambique | 105.93% | 25.5% |
| 126th | Montenegro | 108.78% | 1.9% |
| 127th | Turkmenistan | 109.33% | -1.6% |
| 128th | Mongolia | 109.59% | -13.7% |
| 129th | Mauritania | 110.79% | 12.5% |
| 130th | Belize | 111.17% | 4.0% |
| 131st | Botswana | 111.88% | 13.0% |
| 132nd | North Macedonia | 112.21% | -0.9% |
| 133rd | Cyprus | 112.34% | 1.6% |
| 134th | Micronesia, Federated States of | 113.06% | 4.2% |
| 135th | Northern Mariana Islands | 114.88% | 9.3% |
| 136th | Nicaragua | 115.18% | 3.0% |
| 137th | Equatorial Guinea | 116.68% | 2.0% |
| 138th | Cambodia | 116.74% | 6.3% |
| 139th | Faroe Islands | 117.16% | 10.7% |
| 140th | Mauritius | 117.45% | 1.6% |
| 141st | Jordan | 117.86% | -0.7% |
| 142nd | Nauru | 120.41% | -7.6% |
| 143rd | Honduras | 121.19% | -0.8% |
| 144th | Viet Nam | 123.22% | -1.6% |
| 145th | Macao SAR, China | 123.71% | 0.7% |
| 146th | Bulgaria | 123.97% | 5.6% |
| 147th | Switzerland | 126.45% | 0.7% |
| 148th | Timor-Leste | 128.50% | -8.7% |
| 149th | Latvia | 133.21% | 2.7% |
| 150th | Thailand | 137.67% | -1.4% |
| 151st | Kyrgyz Republic | 139.68% | 2.6% |
| 152nd | Palau | 143.64% | 5.9% |
| 153rd | Slovenia | 143.66% | 2.4% |
| 154th | Czechia | 145.48% | 6.4% |
| 155th | Malaysia | 147.84% | -4.6% |
| 156th | Netherlands | 149.39% | 5.4% |
| 157th | Lesotho | 150.21% | 0.3% |
| 158th | Belarus | 153.09% | -3.1% |
| 159th | Panama | 153.21% | -3.2% |
| 160th | United Arab Emirates | 156.64% | 8.6% |
| 161st | Lithuania | 156.64% | 4.7% |
| 162nd | Aruba | 156.65% | 1.4% |
| 163rd | Virgin Islands (US) | 157.18% | -76.9% |
| 164th | Marshall Islands | 157.52% | 2.8% |
| 165th | Belgium | 160.38% | -0.2% |
| 166th | Hungary | 166.18% | -0.3% |
| 167th | Estonia | 169.16% | 1.4% |
| 168th | American Samoa | 176.41% | 12.0% |
| 169th | Slovak Republic | 176.97% | 4.6% |
| 170th | Bahrain | 178.82% | 6.7% |
| 171st | Curaçao | 183.24% | 6.0% |
| 172nd | Ireland | 190.36% | 2.2% |
| 173rd | Malta | 199.21% | 3.7% |
| 174th | Seychelles | 222.18% | 5.8% |
| 175th | Luxembourg | 311.79% | 1.0% |
| 176th | Singapore | 369.21% | -2.6% |
| 177th | Hong Kong SAR, China | 430.57% | 2.1% |
FAQ
What was Iceland's trade openness in 2012?▾
Iceland's trade openness in 2012 was 102.43%. This ranked 116th globally.
How did Iceland's trade openness change in 2012?▾
Iceland's trade openness increased by 2.3% in 2012 compared to 2011.
Which country had the highest trade openness in 2012?▾
Hong Kong SAR, China had the highest trade openness in 2012 at 430.57%.
What is the trade openness of Iceland in 2012?▾
The trade openness of Iceland in 2012 was 102.43%. This ranked 116th globally.
How does 2012 compare to 2011 for Iceland's trade openness?▾
Iceland's trade openness went from 100.13% in 2011 to 102.43% in 2012, a 2.3% increase.
Related
2011
2013
All years
Full ranking 2012
Exports
Imports
Trade Balance
Current Account Balance
FDI Inflows
Peak: 2012
Lowest: 1992
Trade Openness 1990s
Trade Openness 2000s
Trade Openness 2010s
Trade Openness 2020s
Highest ever
Lowest ever
Average
vs Cayman Islands
vs Singapore
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NATO Trade Openness
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