Iceland / Czechia

Iceland-Czechia Trade: In 2023, Iceland exported $76.5M to Czechia. The main products that Iceland exported to Czechia were Raw Aluminium ($61.2M), Ferroalloys ($4.75M), and Fish Fillets ($3.99M). Over the past 5 years the exports of Iceland to Czechia have increased at an annualized rate of 2.66%, from $67.1M in 2018 to $76.5M in 2023.

In 2019, Iceland exported services to Czechia worth $20M, with Travel ($15M), Transportation ($2.91M), and Royalties and license fees ($1.23M) being the largest in terms of value.

Czechia-Iceland Trade: In 2023, Czechia exported $85.2M to Iceland. The main products that Czechia exported to Iceland were Cars ($33.6M), Prefabricated Buildings ($8.75M), and Computers ($1.78M). Over the past 5 years the exports of Czechia to Iceland have increased at an annualized rate of 5.04%,  from $66.6M in 2018 to $85.2M in 2023.

In 2019, Czechia exported services to Iceland worth $6.6M, with Transportation ($3.58M), Travel ($1.9M), and Computer and information services ($560k) being the largest in terms of value.

Comparison In 2023,  Iceland ranked 115 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B).