Iceland / Switzerland

Iceland-Switzerland Trade: In 2022, Iceland exported $32.2M to Switzerland. The main products that Iceland exported to Switzerland were Fish Fillets ($10.2M), Raw Aluminium ($9.47M), and Vaccines, blood, antisera, toxins and cultures ($9.12M). Over the past 5 years the exports of Iceland to Switzerland have decreased at an annualized rate of 8.8%, from $51M in 2017 to $32.2M in 2022.

In 2019, Iceland exported services to Switzerland worth $98.2M, with Travel ($71.6M), Transportation ($10.2M), and Computer and information services ($7.72M) being the largest in terms of value.

Switzerland-Iceland Trade: In 2022, Switzerland exported $54M to Iceland. The main products that Switzerland exported to Iceland were Packaged Medicaments ($7.39M), Raw Aluminium ($6.11M), and Flavored Water ($5.68M). Over the past 5 years the exports of Switzerland to Iceland have increased at an annualized rate of 20.6%,  from $21.2M in 2017 to $54M in 2022.

In 2022, Switzerland did not export any services to Iceland.

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. That same year, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B).