Iceland / Czechia

Iceland-Czechia Trade: In 2022, Iceland exported $106M to Czechia. The main products that Iceland exported to Czechia were Raw Aluminium ($92.8M), Fish Fillets ($3.82M), and Magnesium ($2.32M). Over the past 5 years the exports of Iceland to Czechia have increased at an annualized rate of 12.4%, from $59.2M in 2017 to $106M in 2022.

In 2019, Iceland exported services to Czechia worth $20M, with Travel ($15M), Transportation ($2.91M), and Royalties and license fees ($1.23M) being the largest in terms of value.

Czechia-Iceland Trade: In 2022, Czechia exported $85.5M to Iceland. The main products that Czechia exported to Iceland were Cars ($38.3M), Computers ($8.01M), and Prefabricated Buildings ($5.91M). Over the past 5 years the exports of Czechia to Iceland have increased at an annualized rate of 1.27%,  from $73.5M in 2017 to $85.5M in 2022.

In 2019, Czechia exported services to Iceland worth $6.6M, with Transportation ($3.58M), Travel ($1.9M), and Computer and information services ($560k) being the largest in terms of value.

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).