Iceland / Austria

Iceland-Austria In 2021, Iceland exported $3.79M to Austria. The main products that Iceland exported to Austria are Horses ($1.21M), Photo Lab Equipment ($928k), and Processed Fish ($443k). During the last 26 years the exports of Iceland to Austria have increased at an annualized rate of 0.12%, from $3.68M in 1995 to $3.79M in 2021.

In 2019, Iceland exported services to Austria worth $34.1M, with Travel ($25.9M), Computer and information services ($4.81M), and Transportation ($2.46M) being the largest in terms of value.

Austria-Iceland In 2021, Austria exported $52.5M to Iceland. The main products that Austria exported to Iceland were Micro-Organism Culture Preparations ($8.17M), Wood Carpentry ($5.54M), and Electric Motor Parts ($2.82M). During the last 26 years the exports of Austria to Iceland have increased at an annualized rate of 6.05%, from $11.4M in 1995 to $52.5M in 2021.

In 2020, Austria exported services to Iceland worth $16M, with Travel ($6.85M), Construction services ($3.43M), and Communications services ($2.28M) being the largest in terms of value.

Comparison In 2021,  Iceland ranked 113 in total exports ($6.76B), and does not have data regarding Economic Complexity Index. That same year, Austria ranked 9 in the Economic Complexity Index (ECI 1.5), and 31 in total exports ($198B).