Tomatoes — Terms of trade in Iceland

Iceland: Tomatoes — Terms of trade was 32.3 % in 2024. ▼ Falling

Latest (2024)
32.3 %
Change on year
up 11.6%
World rank
80th
of 94 countries
All-time high
103.76 %
in 2015
All-time low
26.63 %
in 2022
Years of data
15
2010–2024

Tomatoes — Terms of trade in Iceland, 2010–2024

204060801002010201720242010: 85 %2011: 55.5 %2012: 61.6 %2013: 91 %2014: 96.7 %2015: 103.8 %2016: 100.2 %2017: 74.4 %2018: 81.2 %2019: 71 %2020: 71.2 %2021: 70.8 %2022: 26.6 %2023: 28.9 %2024: 32.3 %

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

Analysis

Iceland recorded 32.3 % for tomatoes — terms of trade in 2024.

The figure is up 11.6% on the previous year and down 66.6% over ten years.

Over the whole period, tomatoes — terms of trade in Iceland peaked at 103.76 % in 2015 and was at its lowest, 26.63 %, in 2022.

That places Iceland 80th out of 94 countries with data for 2024, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2010s 82.04 % 55.52 % 103.76 % 10
2020s 45.98 % 26.63 % 71.23 % 5

Countries ranked near Iceland

  1. 77 Russian Federation 44.24 % compare
  2. 78 Antigua and Barbuda 42.1 % compare
  3. 79 Barbados 34.93 % compare
  4. 81 Oman 29.48 % compare
  5. 82 El Salvador 26.68 % compare
  6. 83 Ghana 25.52 % compare

See the full ranking of 100 places →

More agriculture & rural data for Iceland

All data for Iceland →

Frequently asked questions

What is tomatoes — terms of trade in Iceland?
Tomatoes — terms of trade in Iceland was 32.3 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest tomatoes — terms of trade recorded in Iceland?
The highest recorded value was 103.76 % in 2015.
What is the lowest tomatoes — terms of trade recorded in Iceland?
The lowest recorded value was 26.63 % in 2022.
How does Iceland rank for tomatoes — terms of trade?
Iceland ranks 80th out of 94 countries with data for 2024.
Is tomatoes — terms of trade rising or falling in Iceland?
Over the last ten years it is down 66.6%. 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 Tomatoes — Terms of trade. Statizoid updates them automatically from the source API.

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Tomatoes — 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/tomatoes-terms-of-trade/iceland/

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About this data

Indicator
Tomatoes — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
100 places, 1,363 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