2022
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GDP
$27.8BCURRENT US$
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2012-2022
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GDP GROWTH
88.7%CURRENT US$
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2022
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 GDP
$2.78TCURRENT US$
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2012-2022
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GDP GROWTH
3.7%CURRENT US$
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GDP PC 
$72,903CURRENT US$
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GDP PC GROWTH
58.5%CURRENT US$
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2022
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GDP PC
$40,964CURRENT US$
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0.23%CURRENT US$
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About

Iceland-France In 2022, Iceland exported $459M to France. The main products that Iceland exported to France are Fish Fillets ($252M), Raw Aluminium ($126M), and Non-fillet Fresh Fish ($48M). During the last 27 years the exports of Iceland to France have increased at an annualized rate of 4.54%, from $138M in 1995 to $459M in 2022.

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 2022, France exported $329M to Iceland. The main products that France exported to Iceland were Planes, Helicopters, and/or Spacecraft ($124M), Refined Petroleum ($19.4M), and Delivery Trucks ($13.7M). During the last 27 years the exports of France to Iceland have increased at an annualized rate of 5.69%, from $73.8M in 1995 to $329M in 2022.

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 2022,  Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. That same year, France ranked 14 in the Economic Complexity Index (ECI 1.31), and 8 in total exports ($608B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $459M to France. The main products exported from Iceland to France were Fish Fillets ($252M), Raw Aluminium ($126M), and Non-fillet Fresh Fish ($48M). During the last 27 years the exports of Iceland to France have increased at an annualized rate of 4.54%, from $138M in 1995 to $459M in 2022.

In 2022, France exported $329M to Iceland. The main products exported from France to Iceland were Planes, Helicopters, and/or Spacecraft ($124M), Refined Petroleum ($19.4M), and Delivery Trucks ($13.7M). During the last 27 years the exports of France to Iceland have increased at an annualized rate of 5.69%, from $73.8M in 1995 to $329M in 2022.

Exports from Iceland (Flag) to France (Flag) (2022)

Exports from France (Flag) to Iceland (Flag) (2022)

Latest Data

Trade between Iceland (Flag) and France (Flag)

Iceland Exports

France Exports

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
France
Top Destination
Germany$78.3B

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 2019, no countries were registered that imported more from Iceland than from France.

In 2021, countries that imported more from France than Iceland were Germany ($78.3B), Italy ($56.4B), and United States ($50B).

Difference in imports from France (Flag) and Iceland (Flag) (2022)

Comparative Advantage Iceland - France

Flow
Scale

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

During 2022, Iceland had a large net trade with France in the exports of Animal Products ($308M), Metals ($126M), and Foodstuffs ($8.99M).

During 2022, France had a large net trade with Iceland in the exports of Transportation ($160M), Machines ($46.1M), and Mineral Products ($36.6M).

Service Trade

Bilateral Service Trade

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.

Services Exports from Iceland (Flag) to France (Flag) (2019)

Services Exports from France (Flag) to Iceland (Flag) (2020)

Economic Complexity

Competitive Landscape

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.

Product Space of Iceland (Flag) and France (Flag) (2022)

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