Iceland / Saudi Arabia

Iceland-Saudi Arabia Trade: In 2022, Iceland exported $3.78M to Saudi Arabia. The main products that Iceland exported to Saudi Arabia were Plastic Lids ($119k), Medical Instruments ($28.2k), and Water ($18.7k). Over the past 5 years the exports of Iceland to Saudi Arabia have increased at an annualized rate of 23.1%, from $1.34M in 2017 to $3.78M in 2022.

In 2022, Iceland did not export any services to Saudi Arabia.

Saudi Arabia-Iceland Trade: In 2022, Saudi Arabia exported $113M to Iceland. The main products that Saudi Arabia exported to Iceland were Refined Petroleum ($50.3M), Cars ($297k), and Coated Textile Fabric ($49k). Over the past 5 years the exports of Saudi Arabia to Iceland have increased at an annualized rate of 300%,  from $111k in 2017 to $113M in 2022.

In 2022, Saudi Arabia did not export any services to Iceland.

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. That same year, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).