Iceland / Spain

Iceland-Spain Trade: In 2023, Iceland exported $286M to Spain. The main products that Iceland exported to Spain were Fish Fillets ($109M), Raw Aluminium ($79.8M), and Dried/Salted/Smoked/Brined Fish ($49.7M). Over the past 5 years the exports of Iceland to Spain have decreased at an annualized rate of 6.79%, from $407M in 2018 to $286M in 2023.

In 2019, Iceland exported services to Spain worth $108M, with Travel ($78.6M), Transportation ($23.8M), and Computer and information services ($2.35M) being the largest in terms of value.

Spain-Iceland Trade: In 2023, Spain exported $160M to Iceland. The main products that Spain exported to Iceland were Refined Petroleum ($13.5M), Cars ($9.12M), and Insulated Wire ($9.11M). Over the past 5 years the exports of Spain to Iceland have increased at an annualized rate of 4.74%,  from $127M in 2018 to $160M in 2023.

In 2008, Spain exported services to Iceland worth $246M, with Services not allocated ($146M) and Travel ($100M) 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, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).