Iceland / Greece

Iceland-Greece Trade: In 2022, Iceland exported $13.4M to Greece. The main products that Iceland exported to Greece were Animal Meal and Pellets ($3.87M), Fish oil ($3.34M), and Fish: dried, salted, smoked or in brine ($2.37M). Over the past 5 years the exports of Iceland to Greece have increased at an annualized rate of 19.5%, from $5.48M in 2017 to $13.4M in 2022.

In 2019, Iceland exported services to Greece worth $8.84M, with Travel ($4.81M), Transportation ($3.02M), and Royalties and license fees ($560k) being the largest in terms of value.

Greece-Iceland Trade: In 2022, Greece exported $7.53M to Iceland. The main products that Greece exported to Iceland were Lifting Machinery ($611k), Insulated Wire ($551k), and Other Edible Preparations ($525k). Over the past 5 years the exports of Greece to Iceland have increased at an annualized rate of 1.95%,  from $6.83M in 2017 to $7.53M in 2022.

In 2020, Greece exported services to Iceland worth $800k, with Transportation ($343k), Travel ($228k), and Personal, cultural, and recreational services ($114k) 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).