Apples — Terms of trade in Iceland

Iceland: Apples — Terms of trade was 91.01 % in 2024. ▼ Falling

Latest (2024)
91.01 %
Change on year
up 3.8%
World rank
55th
of 85 countries
All-time high
165.78 %
in 2012
All-time low
86.86 %
in 2022
Years of data
15
2010–2024

Apples — Terms of trade in Iceland, 2010–2024

0501001502010201720242010: 127.5 %2011: 94.2 %2012: 165.8 %2013: 153.9 %2014: 98.3 %2015: 101.6 %2016: 100.4 %2017: 92.3 %2018: 87.6 %2019: 91.2 %2020: 94.2 %2021: 91.8 %2022: 86.9 %2023: 87.7 %2024: 91 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

Iceland recorded 91.01 % for apples — terms of trade in 2024.

That represents a change of up 3.8% on the previous year and down 7.4% over ten years.

Over the whole period, apples — terms of trade in Iceland peaked at 165.78 % in 2012 and was at its lowest, 86.86 %, in 2022.

Iceland ranks 55th of 85 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 111.29 % 87.6 % 165.78 % 10
2020s 90.3 % 86.86 % 94.16 % 5

Countries ranked near Iceland

  1. 52 Costa Rica 93.97 % compare
  2. 53 Pakistan 93.59 % compare
  3. 54 Canada 91.94 % compare
  4. 56 Republic of Korea 90.12 % compare
  5. 57 Denmark 88.76 % compare
  6. 58 Malaysia 88.05 % compare

See the full ranking of 91 places →

More agriculture & rural data for Iceland

All data for Iceland →

Frequently asked questions

What is apples — terms of trade in Iceland?
Apples — terms of trade in Iceland was 91.01 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest apples — terms of trade recorded in Iceland?
The highest recorded value was 165.78 % in 2012.
What is the lowest apples — terms of trade recorded in Iceland?
The lowest recorded value was 86.86 % in 2022.
How does Iceland rank for apples — terms of trade?
Iceland ranks 55th out of 85 countries with data for 2024.
Is apples — terms of trade rising or falling in Iceland?
Over the last ten years it is down 7.4%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Apples — Terms of trade. Statizoid updates them automatically from the source API.

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Apples — Terms of trade in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 21 August 2026, from https://agriculture.statizoid.com/stat/apples-terms-of-trade/iceland/

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About this data

Indicator
Apples — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
91 places, 1,294 data points, 2010–2024
Last refreshed

The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK