Iceland-Armenia Trade: In 2022, Iceland exported $1.04M to Armenia. The main products that Iceland exported to Armenia were Orthopedic Appliances ($1M), Broadcasting Equipment ($20.2k), and Beauty Products ($7k). Over the past 5 years the exports of Iceland to Armenia have increased at an annualized rate of 30.8%, from $272k in 2017 to $1.04M in 2022.
In 2022, Iceland did not export any services to Armenia.
Armenia-Iceland Trade: In 2022, Armenia exported $8.87k to Iceland. The main products that Armenia exported to Iceland were Non-Knit Men's Suits ($2.4k), Knit Women's Coats ($1.63k), and Non-Knit Women's Coats ($1.4k). Over the past 5 years the exports of Armenia to Iceland have decreased at an annualized rate of 21.1%, from $29k in 2017 to $8.87k in 2022.
In 2022, Armenia 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, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).