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2022
Flag → Flag
Exports $908MRnk 58 / 224
2022
Flag → Flag
Top Product $184MCarbon-based Electronics
2022
Flag → Flag
Exports $1.97BRnk 1 / 160
2022
Flag → Flag
Top Product $1.13BRaw Aluminium
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag  
GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
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 GDP$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186
2022
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GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
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GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
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GDP PC$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186

About

Netherlands-Iceland Trade: In 2022, Netherlands exported $908M to Iceland. The main products that Netherlands exported to Iceland were Carbon-based Electronics ($184M), Computers ($87.6M), and Cars ($50.3M). Over the past 5 years the exports of Netherlands to Iceland have increased at an annualized rate of 8.23%, from $612M in 2017 to $908M in 2022.

In 2020, Netherlands exported services to Iceland worth $254M, with Transportation ($168M), Financial services ($29.7M), and Royalties and license fees ($26.7M) being the largest in terms of value.

Iceland-Netherlands Trade: In 2022, Iceland exported $1.97B to Netherlands. The main products that Iceland exported to Netherlands were Raw Aluminium ($1.13B), Aluminium Wire ($232M), and Ferroalloys ($104M). Over the past 5 years the exports of Iceland to Netherlands have increased at an annualized rate of 9.65%,  from $1.24B in 2017 to $1.97B in 2022.

In 2019, Iceland exported services to Netherlands worth $159M, with Travel ($61.2M), Transportation ($52.7M), and Other business services ($24.9M) being the largest in terms of value.

Comparison In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11),  and 6 in total exports ($674B). That same year, Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Netherlands exported €60M and imported €131M from Iceland, resulting in a negative trade balance of €71M. Between July 2023 and July 2024 the exports of Netherlands have decreased by €-24M (-28.6%) from €84M to €60M, while imports increased by €17M (14.9%) from €114M to €131M.

Trade In July 2024, the top exports of Netherlands to Iceland were Electrical machinery and apparatus, n.e.s. (€15M), Undefined (€12M), Fruit and nuts (not including oil... (€2M), Mechanical handling equipment, and parts thereof,... (€2M), and Office machines (€2M). In July 2024 the top imports of Netherlands from Iceland were Aluminium (€103M), Fish, fresh (live or dead), chilled... (€15M), Miscellaneous manufactured articles, n.e.s. (€7M), and Fish, dried, salted or in brine;... (€2M).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)€-24M(-28.6%)
IMPORT GROWTH (July 2023 - July 2024)€17M(14.9%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Iceland and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Iceland and Netherlands Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $908M to Iceland. The main products exported from Netherlands to Iceland were Carbon-based Electronics ($184M), Computers ($87.6M), and Cars ($50.3M). During the last 5 years the exports of Netherlands to Iceland have increased at an annualized rate of 8.23%, from $612M in 2017 to $908M in 2022.

In 2017, Iceland exported $1.97B to Netherlands. The main products exported from Iceland to Netherlands were Raw Aluminium ($1.13B), Aluminium Wire ($232M), and Ferroalloys ($104M). During the last 5 years the exports of Iceland to Netherlands have increased at an annualized rate of 9.65%, from $1.24B in 2022 to $1.97B in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
Iceland
Top DestinationNetherlands$1.97B

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

In 2022, countries that imported more from Netherlands than Iceland included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from Iceland than Netherlands included Greenland ($28.2M) and Wallis and Futuna ($3.54M).

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

Comparative Advantage Netherlands - Iceland

Flow
Scale

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

During 2022, Netherlands had a large net trade with Iceland in the exports of Machines ($403M), Transportation ($92.2M), and Foodstuffs ($77M).

During 2017, Iceland had a large net trade with Netherlands in the exports of Metals ($1.54B), Animal Products ($216M), and Chemical Products ($88.8M).

Bilateral Service Trade

In 2020, Netherlands exported services to Iceland worth $254M, with Transportation ($168M), Financial services ($29.7M), and Royalties and license fees ($26.7M) being the largest in terms of value.

In 2019, Iceland exported services to Netherlands worth $159M, with Travel ($61.2M), Transportation ($52.7M), and Other business services ($24.9M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Netherlands and Iceland. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over Iceland. Similarly, a dot/product with the flag of Iceland indicates it has a comparative advantage over Netherlands.

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

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