Iceland / Switzerland

Iceland-Switzerland Trade: In 2023, Iceland exported $73.2M to Switzerland. The main products that Iceland exported to Switzerland were Vaccines, blood, antisera, toxins and cultures ($17.5M), Raw Aluminium ($16.2M), and Fish Fillets ($13.1M). Over the past 5 years the exports of Iceland to Switzerland have increased at an annualized rate of 15.5%, from $35.6M in 2018 to $73.2M in 2023.

In 2019, Iceland exported services to Switzerland worth $98.2M, with Travel ($71.6M), Transportation ($10.2M), and Computer and information services ($7.72M) being the largest in terms of value.

Switzerland-Iceland Trade: In 2023, Switzerland exported $80.2M to Iceland. The main products that Switzerland exported to Iceland were Packaged Medicaments ($16.6M), Coffee ($7.51M), and Flavored Water ($4.27M). Over the past 5 years the exports of Switzerland to Iceland have increased at an annualized rate of 1.39%,  from $73.8M in 2018 to $80.2M in 2023.

In 2023, Switzerland did not export any services to Iceland.

Comparison In 2023,  Iceland ranked 115 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. That same year, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B).