Mexico Imports from Iceland

Mexico's imports from Iceland rose to $15.82 million in 2024, up from $12.35 million in 2023, according to the UN Comtrade Database. This represents an increase of 28.1% ($3.47 million) from the previous year. Top imports for Mexico from Iceland were Electrical machinery and equipment ($6.45 million), Fats and oils, edible fats, waxes ($2.89 million), Optical, medical and measuring instruments ($2.56 million).

Mexico had a trade deficit with Iceland that widened to $15.61 million in 2024 from $8.41 million in 2023. This is an increase of 85.6% ($7.2 million).

Imported Goods Historical Imports Data

Mexico Imports from Iceland by Goods (2024)

The table below shows the ranking of Mexico imports from Iceland by goods in 2024, highlighting the top imported goods.

Import Rank	Imported Goods	Import Value (USD) ↓	Year
1	Electrical machinery and equipment; audio and video equipment	$6.45M	2024
2	Fats and oils, edible fats, waxes	$2.89M	2024
3	Optical, medical, measuring instruments	$2.56M	2024
4	Machinery, mechanical appliances, reactors	$2.21M	2024
5	Unspecified commodities	$979,073	2024
6	Plastics and plastic articles	$561,248	2024
7	Tools, cutlery, base metal parts	$93,431	2024
8	Fish, crustaceans, molluscs, aquatic invertebrates	$72,299	2024
9	Articles of iron or steel	$10,796	2024

Mexico Imports from Iceland (1990-2024)

The table below shows historical data for Mexico imports from Iceland by year, expressed in Million USD.

Year	Import Value (Million USD)
2024	15.82
2023	12.35
2022	34.93
2021	19.70
2020	19.37
2019	13.82
2018	18.94
2017	17.46
2016	7.80
2015	10.36
2014	9.46
2013	9.38
2012	3.71
2011	5.27
2010	2.85
2009	5.61
2008	5.40
2007	5.78
2006	4.02
2005	2.89
2004	1.99
2003	5.56
2002	0.64
2001	1.66
2000	0.37
1999	0.90
1998	1.37
1997	2.05
1996	0.56
1995	0.90
1994	0.14
1993	0.07
1992	0.17
1991	0.84
1990	0.30