Georgia / Iceland

Georgia-Iceland Trade: In 2022, Georgia exported $1.17M to Iceland. The main products that Georgia exported to Iceland were Refined Petroleum ($842k), Knit T-shirts ($135k), and Other Edible Preparations ($62.3k). Over the past 5 years the exports of Georgia to Iceland have increased at an annualized rate of 42.5%, from $199k in 2017 to $1.17M in 2022.

In 2022, Georgia did not export any services to Iceland.

Iceland-Georgia Trade: In 2022, Iceland exported $3.02M to Georgia. The main products that Iceland exported to Georgia were Non-fillet Frozen Fish ($2.99M), Non-fillet Fresh Fish ($13.4k), and Pulley Systems ($11.9k). Over the past 5 years the exports of Iceland to Georgia have decreased at an annualized rate of 9.43%,  from $4.96M in 2017 to $3.02M in 2022.

In 2022, Iceland did not export any services to Georgia.

Comparison In 2022,  Georgia ranked 64 in the Economic Complexity Index (ECI 0.036),  and 118 in total exports ($6.82B). That same year, Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index.