Iceland / China

Iceland-China Trade: In 2022, Iceland exported $160M to China. The main products that Iceland exported to China were Non-fillet Frozen Fish ($114M), Aluminium Foil ($15M), and Processed Crustaceans ($7.11M). Over the past 5 years the exports of Iceland to China have increased at an annualized rate of 9.86%, from $99.9M in 2017 to $160M in 2022.

In 2019, Iceland exported services to China worth $95.8M, with Travel ($80M), Transportation ($7.39M), and Computer and information services ($3.02M) being the largest in terms of value.

China-Iceland Trade: In 2022, China exported $644M to Iceland. The main products that China exported to Iceland were Carbon-based Electronics ($136M), Broadcasting Equipment ($33.3M), and Computers ($31.7M). Over the past 5 years the exports of China to Iceland have increased at an annualized rate of 11.8%,  from $368M in 2017 to $644M in 2022.

In 2022, China 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, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).