2022
Flag  
GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
 GDP
$688BCURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP GROWTH
39%CURRENT US$
Rnk 85 / 186
2022
Flag
GDP PC 
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186
2022
Flag
GDP PC
$18,321CURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP PC GROWTH
40.8%CURRENT US$
Rnk 47 / 186

About

Iceland-Poland In 2022, Iceland exported $367M to Poland. The main products that Iceland exported to Poland are Raw Aluminium ($246M), Non-fillet Fresh Fish ($51.4M), and Fish Fillets ($45.7M). During the last 27 years the exports of Iceland to Poland have increased at an annualized rate of 17.1%, from $5.18M in 1995 to $367M in 2022.

In 2019, Iceland exported services to Poland worth $27.3M, with Travel ($20.5M), Transportation ($3.81M), and Royalties and license fees ($896k) being the largest in terms of value.

Poland-Iceland In 2022, Poland exported $209M to Iceland. The main products that Poland exported to Iceland were Iron Structures ($26.9M), Planes, Helicopters, and/or Spacecraft ($12.3M), and Coke ($6.69M). During the last 27 years the exports of Poland to Iceland have increased at an annualized rate of 11.1%, from $12.3M in 1995 to $209M in 2022.

In 2020, Poland exported services to Iceland worth $16.2M, with Computer and information services ($6.74M), Transportation ($5.14M), and Travel ($1.26M) 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, Poland ranked 25 in the Economic Complexity Index (ECI 0.99), and 24 in total exports ($346B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $367M to Poland. The main products exported from Iceland to Poland were Raw Aluminium ($246M), Non-fillet Fresh Fish ($51.4M), and Fish Fillets ($45.7M). During the last 27 years the exports of Iceland to Poland have increased at an annualized rate of 17.1%, from $5.18M in 1995 to $367M in 2022.

In 2022, Poland exported $209M to Iceland. The main products exported from Poland to Iceland were Iron Structures ($26.9M), Planes, Helicopters, and/or Spacecraft ($12.3M), and Coke ($6.69M). During the last 27 years the exports of Poland to Iceland have increased at an annualized rate of 11.1%, from $12.3M in 1995 to $209M in 2022.

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

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

Latest Data

Trade between Iceland (Flag) and Poland (Flag)

Iceland Exports

Poland Exports

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Poland
Top Destination
Germany$93.1B

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

In 2021, countries that imported more from Iceland than Poland were Greenland ($28.2M), Wallis and Futuna ($3.54M), and Bermuda ($980k).

In 2021, countries that imported more from Poland than Iceland were Germany ($93.1B), Czechia ($22.4B), and France ($19.8B).

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

Comparative Advantage Iceland - Poland

Flow
Scale

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

During 2022, Iceland had a large net trade with Poland in the exports of Metals ($253M), Animal Products ($103M), and Machines ($2.57M).

During 2022, Poland had a large net trade with Iceland in the exports of Metals ($44.9M), Transportation ($38.1M), and Machines ($34.7M).

Service Trade

Bilateral Service Trade

In 2019, Iceland exported services to Poland worth $27.3M, with Travel ($20.5M), Transportation ($3.81M), and Royalties and license fees ($896k) being the largest in terms of value.

In 2020, Poland exported services to Iceland worth $16.2M, with Computer and information services ($6.74M), Transportation ($5.14M), and Travel ($1.26M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Poland (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 Poland. Similarly, the more yellow a dot/product is, the more Poland has comparative advantage over Iceland.

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

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