Flag Iceland / France Flag

2021
FlagFlag
Exports
: $445M, Rnk 6 / 162

2021
FlagFlag
Top Product
: $257M, Fish Fillets

2021
FlagFlag
Exports
: $141M, Rnk 112 / 219

2021
FlagFlag
Top Product
: $17.6M, Cars

2021
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Economic Complexity (ECI)
: ECI 1.35, Rnk 15 / 131

2021
Flag  
GDP
: $25.5B, CURRENT US$
Rnk 104 / 182

2011-2021
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GDP GROWTH
: 67.3%, CURRENT US$
Rnk 32 / 182

2021
Flag
 GDP
: $2.94T, CURRENT US$
Rnk 7 / 182

2011-2021
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GDP GROWTH
: 2.52%, CURRENT US$
Rnk 143 / 182

2021
Flag
GDP PC 
: $68,384, CURRENT US$
Rnk 8 / 182

2011-2021
Flag
GDP PC GROWTH
: 43.3%, CURRENT US$
Rnk 38 / 182

2021
Flag
GDP PC
: $43,519, CURRENT US$
Rnk 24 / 182

2011-2021
Flag
GDP PC GROWTH
: -0.75%, CURRENT US$
Rnk 129 / 182

Iceland-France In 2021, Iceland exported $445M to France. The main products that Iceland exported to France are Fish Fillets ($257M), Raw Aluminium ($105M), and Non-fillet Fresh Fish ($41.6M). During the last 26 years the exports of Iceland to France have increased at an annualized rate of 4.6%, from $138M in 1995 to $445M in 2021.

In 2019, Iceland exported services to France worth $188M, with Travel ($138M), Transportation ($43.7M), and Computer and information services ($2.46M) being the largest in terms of value.

France-Iceland In 2021, France exported $141M to Iceland. The main products that France exported to Iceland were Cars ($17.6M), Rubber Tires ($7.49M), and Wine ($6.1M). During the last 26 years the exports of France to Iceland have increased at an annualized rate of 2.52%, from $73.6M in 1995 to $141M in 2021.

In 2020, France exported services to Iceland worth $25.1M, with Personal, cultural, and recreational services ($10.3M), Other business services ($5.71M), and Transportation ($4.57M) being the largest in terms of value.

Comparison In 2021,  Iceland ranked 113 in total exports ($6.76B), and does not have data regarding Economic Complexity Index. That same year, France ranked 15 in the Economic Complexity Index (ECI 1.35), and 8 in total exports ($569B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Iceland exported $445M to France. The main products exported from Iceland to France were Fish Fillets ($257M), Raw Aluminium ($105M), and Non-fillet Fresh Fish ($41.6M). During the last 26 years the exports of Iceland to France have increased at an annualized rate of 4.6%, from $138M in 1995 to $445M in 2021.

In 2021, France exported $141M to Iceland. The main products exported from France to Iceland were Cars ($17.6M), Rubber Tires ($7.49M), and Wine ($6.1M). During the last 26 years the exports of France to Iceland have increased at an annualized rate of 2.52%, from $73.6M in 1995 to $141M in 2021.

Iceland Exports

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France Exports

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Market Competitiveness

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Color

Iceland
Top Destination
: Netherlands, $1.65B

France
Top Destination
: Germany, $74.1B

This map shows whether countries import more from Iceland or France. Each country is colored based on the difference in imports they receive from Iceland and France or the difference in the growth in imports.

In 2021, countries that imported more from Iceland than France were Greenland ($18.1M), Montserrat ($85.2k), and Falkland Islands ($2.31k).

In 2021, countries that imported more from France than Iceland were Germany ($74.1B), Italy ($46B), and Belgium ($43.8B).

Comparative Advantage Iceland - France

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Flow
Scale

This chart compares trade between Iceland and France by product, considering products traded by both, Iceland and France.

During 2021, Iceland had a large net trade with France in the exports of Animal Products ($309M), Metals ($105M), and Foodstuffs ($11.1M).

During 2021, France had a large net trade with Iceland in the exports of Transportation ($32M), Machines ($29.3M), and Foodstuffs ($18.1M).

Bilateral Service Trade

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In 2019, Iceland exported services to France worth $188M, with Travel ($138M), Transportation ($43.7M), and Computer and information services ($2.46M) being the largest in terms of value.

In 2020, France exported services to Iceland worth $25.1M, with Personal, cultural, and recreational services ($10.3M), Other business services ($5.71M), and Transportation ($4.57M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Iceland has comparative advantage over France. Similarly, the more yellow a dot/product is, the more France has comparative advantage over Iceland.