Iceland / Cyprus

Iceland-Cyprus Trade: In 2022, Iceland exported $2.06M to Cyprus. The main products that Iceland exported to Cyprus were Non-fillet Frozen Fish ($789k), Fish: dried, salted, smoked or in brine ($636k), and Refined Petroleum ($400k). Over the past 5 years the exports of Iceland to Cyprus have increased at an annualized rate of 4.24%, from $1.67M in 2017 to $2.06M in 2022.

In 2019, Iceland exported services to Cyprus worth $1.34M, with Travel ($896k) and Transportation ($448k) being the largest in terms of value.

Cyprus-Iceland Trade: In 2022, Cyprus exported $1.61M to Iceland. The main products that Cyprus exported to Iceland were Pure Olive Oil ($974k), Packaged Medicaments ($157k), and Densified Wood ($131k). Over the past 5 years the exports of Cyprus to Iceland have increased at an annualized rate of 10.3%,  from $368k in 2017 to $1.61M in 2022.

In 2010, Cyprus exported services to Iceland worth $2.65M, with Financial services ($2.65M) being the largest in terms of value.

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B). That same year, Cyprus ranked 125 in total exports ($4.91B). Both countries does not have data related to Economic Complexity Index.