Indonesia / Iceland

Indonesia-Iceland Trade: In 2022, Indonesia exported $43.4M to Iceland. The main products that Indonesia exported to Iceland were Aluminium Oxide ($24.3M), Wood Charcoal ($4M), and Other Electrical Machinery ($2.05M). Over the past 5 years the exports of Indonesia to Iceland have increased at an annualized rate of 37.6%, from $8.8M in 2017 to $43.4M in 2022.

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

Iceland-Indonesia Trade: In 2022, Iceland exported $2.86M to Indonesia. The main products that Iceland exported to Indonesia were Aluminium Foil ($1.8M), Non-fillet Frozen Fish ($595k), and Non-fillet Fresh Fish ($136k). Over the past 5 years the exports of Iceland to Indonesia have increased at an annualized rate of 19.1%,  from $1.19M in 2017 to $2.86M in 2022.

In 2019, Iceland exported services to Indonesia worth $3.81M, with Travel ($3.47M) and Transportation ($336k) being the largest in terms of value.

Comparison In 2022,  Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012),  and 26 in total exports ($320B). That same year, Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index.