Greece / Iceland

Greece-Iceland Trade: In 2023, Greece exported $9.19M to Iceland. The main products that Greece exported to Iceland were Refined Petroleum ($986k), Magnesium Carbonate ($626k), and Stranded Copper Wire ($594k). Over the past 5 years the exports of Greece to Iceland have decreased at an annualized rate of 1.06%, from $9.69M in 2018 to $9.19M in 2023.

In 2020, Greece exported services to Iceland worth $800k, with Transportation ($343k), Travel ($228k), and Personal, cultural, and recreational services ($114k) being the largest in terms of value.

Iceland-Greece Trade: In 2023, Iceland exported $12.3M to Greece. The main products that Iceland exported to Greece were Animal Meal and Pellets ($5.39M), Fish Oil ($2.08M), and Dried/Salted/Smoked/Brined Fish ($1.74M). Over the past 5 years the exports of Iceland to Greece have increased at an annualized rate of 16.7%,  from $4.17M in 2018 to $12.3M in 2023.

In 2019, Iceland exported services to Greece worth $8.84M, with Travel ($4.81M), Transportation ($3.02M), and Royalties and license fees ($560k) being the largest in terms of value.

Comparison In 2023,  Greece ranked 46 in the Economic Complexity Index (ECI 0.4),  and 56 in total exports ($53.3B). That same year, Iceland ranked 115 in total exports ($7.31B), and does not have data regarding Economic Complexity Index.