NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $171MRnk 11 / 157
2023
Flag → Flag
Top Product $86.2MRaw Aluminium
2023
Flag → Flag
Exports $343MRnk 85 / 219
2023
Flag → Flag
Top Product $76.7MPlanes, Helicopters, and/or Spacecraft
2023
Flag
Economic Complexity (ECI) ECI 1.34Rnk 16 / 132
2023
Flag  
GDP$31.3BCURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP GROWTH94.3%CURRENT US$
Rnk 17 / 195
2023
Flag
 GDP$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP GROWTH8.37%CURRENT US$
Rnk 159 / 195
2023
Flag
GDP PC $79,637CURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP PC GROWTH59.9%CURRENT US$
Rnk 31 / 195
2023
Flag
GDP PC$44,691CURRENT US$
Rnk 30 / 196
2013-2023
Flag
GDP PC GROWTH4.74%CURRENT US$
Rnk 146 / 195

About

Iceland-France Trade: In 2023, Iceland exported $171M to France. The main products that Iceland exported to France were Raw Aluminium ($86.2M), Fish Fillets ($41.2M), and Non-fillet Fresh Fish ($22.8M). Over the past 5 years the exports of Iceland to France have decreased at an annualized rate of 14%, from $364M in 2018 to $171M in 2023.

In 2019, Iceland exported services to France worth $188M, with Travel ($138M), Transportation ($43.7M), and Computer and information services ($2.46M) being the largest in terms of value.

France-Iceland Trade: In 2023, France exported $343M to Iceland. The main products that France exported to Iceland were Planes, Helicopters, and/or Spacecraft ($76.7M), Cars ($38.1M), and Delivery Trucks ($17.5M). Over the past 5 years the exports of France to Iceland have increased at an annualized rate of 6.41%,  from $196M in 2018 to $343M in 2023.

In 2020, France exported services to Iceland worth $25.1M, with Personal, cultural, and recreational services ($10.3M), Other business services ($5.71M), and Transportation ($4.57M) being the largest in terms of value.

Comparison In 2023,  Iceland ranked 115 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. That same year, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Iceland exported $171M to France. The main products exported from Iceland to France were Raw Aluminium ($86.2M), Fish Fillets ($41.2M), and Non-fillet Fresh Fish ($22.8M). During the last 5 years the exports of Iceland to France have decreased at an annualized rate of 14%, from $364M in 2018 to $171M in 2023.

In 2018, France exported $343M to Iceland. The main products exported from France to Iceland were Planes, Helicopters, and/or Spacecraft ($76.7M), Cars ($38.1M), and Delivery Trucks ($17.5M). During the last 5 years the exports of France to Iceland have increased at an annualized rate of 6.41%, from $196M in 2023 to $343M in 2018.

Exports from Iceland (Flag) to France (Flag) (2023)

Exports from France (Flag) to Iceland (Flag) (2023)

Latest Data

Trade between Iceland (Flag) and France (Flag)

Iceland Exports

France Exports

Market Competitiveness

Color
Iceland
Top DestinationNetherlands$1.97B
France
Top DestinationGermany$72.8B

This map shows whether countries import more from Iceland or France. Each country is colored based on the difference in imports they receive from Iceland and France or the difference in the growth in imports.

In 2023, countries that imported more from Iceland than France included Greenland ($72.3M).

In 2023, countries that imported more from France than Iceland included Germany ($72.8B), Italy ($56.3B), and United States ($51.2B).

Difference in imports from France (Flag) and Iceland (Flag) (2023)

Comparative Advantage Iceland - France

Flow
Scale

This chart compares trade between Iceland and France by product, considering products traded by both, Iceland and France.

During 2023, Iceland had a large net trade with France in the exports of Metals ($86.4M), Animal Products ($71M), and Mineral Products ($3.53M).

During 2018, France had a large net trade with Iceland in the exports of Transportation ($146M), Machines ($67.3M), and Foodstuffs ($28M).

Bilateral Service Trade

In 2019, Iceland exported services to France worth $188M, with Travel ($138M), Transportation ($43.7M), and Computer and information services ($2.46M) being the largest in terms of value.

In 2020, France exported services to Iceland worth $25.1M, with Personal, cultural, and recreational services ($10.3M), Other business services ($5.71M), and Transportation ($4.57M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Iceland (Flag) to France (Flag) (2019)

Services Exports from France (Flag) to Iceland (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Iceland and France. This means that a dot/product with the flag of Iceland indicates it has a comparative advantage over France. Similarly, a dot/product with the flag of France indicates it has a comparative advantage over Iceland.

Product Space of Iceland (Flag) and France (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms