2023
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GDP
$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
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GDP GROWTH
8.37%CURRENT US$
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2023
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 GDP
$31.3BCURRENT US$
Rnk 107 / 195
2013-2023
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GDP GROWTH
94.3%CURRENT US$
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2023
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GDP PC 
$44,691CURRENT US$
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2013-2023
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GDP PC GROWTH
4.74%CURRENT US$
Rnk 146 / 195
2023
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GDP PC
$79,637CURRENT US$
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2013-2023
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GDP PC GROWTH
59.9%CURRENT US$
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About

France-Iceland Trade: In 2023, France exported $343M to Iceland. The main products that France exported to Iceland were Planes, Helicopters, and/or Spacecraft ($76.7M), Cars ($38.1M), and Delivery Trucks ($17.5M). Over the past 5 years the exports of France to Iceland have increased at an annualized rate of 11.8%, from $196M in 2018 to $343M in 2023.

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.

Iceland-France Trade: In 2023, Iceland exported $171M to France. The main products that Iceland exported to France were Raw Aluminium ($86.2M), Fish Fillets ($41.2M), and Non-fillet Fresh Fish ($22.8M). Over the past 5 years the exports of Iceland to France have decreased at an annualized rate of 14%,  from $364M in 2018 to $171M in 2023.

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.

Comparison In 2023,  France ranked 16 in the Economic Complexity Index (ECI 1.34),  and 7 in total exports ($635B). That same year, Iceland ranked 115 in total exports ($7.31B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, France exported $343M to Iceland. The main products exported from France to Iceland were Planes, Helicopters, and/or Spacecraft ($76.7M), Cars ($38.1M), and Delivery Trucks ($17.5M). During the last 5 years the exports of France to Iceland have increased at an annualized rate of 11.8%, from $196M in 2018 to $343M in 2023.

In 2018, Iceland exported $171M to France. The main products exported from Iceland to France were Raw Aluminium ($86.2M), Fish Fillets ($41.2M), and Non-fillet Fresh Fish ($22.8M). During the last 5 years the exports of Iceland to France have decreased at an annualized rate of 14%, from $364M in 2023 to $171M in 2018.

Exports from France (Flag) to Iceland (Flag) (2023)

Exports from Iceland (Flag) to France (Flag) (2023)

Latest Data

Trade between France (Flag) and Iceland (Flag)

France Exports

Iceland Exports

Market Competitiveness

Color
France
Top Destination
Germany$72.8B
Iceland
Top Destination
Netherlands$1.97B

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

In 2023, countries that imported more from France than Iceland included Germany ($72.8B), Italy ($56.3B), and United States ($51.2B).

In 2023, countries that imported more from Iceland than France included Greenland ($72.3M).

Difference in imports from Iceland (Flag) and France (Flag) (2023)

Comparative Advantage France - Iceland

Flow
Scale

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

During 2023, France had a large net trade with Iceland in the exports of Transportation ($146M), Machines ($67.3M), and Foodstuffs ($28M).

During 2018, Iceland had a large net trade with France in the exports of Metals ($86.4M), Animal Products ($71M), and Mineral Products ($3.53M).

Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of France (Flag) and Iceland (Flag) (2023)

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