Iceland-Greenland Trade: In 2023, Iceland exported $72.3M to Greenland. The main products that Iceland exported to Greenland were Refined Petroleum ($36M), Fishing Ships ($21.6M), and Phosphinates (hypophosphites) and phosphonates (phosphites) ($3.22M). Over the past 5 years the exports of Iceland to Greenland have increased at an annualized rate of 24.6%, from $24.1M in 2018 to $72.3M in 2023.
In 2023, Iceland did not export any services to Greenland.
Greenland-Iceland Trade: In 2023, Greenland exported $38.3M to Iceland. The main products that Greenland exported to Iceland were Fishing Ships ($20.9M), Non-fillet Fresh Fish ($9.09M), and Other Inedible Animal Products ($3.12M). Over the past 5 years the exports of Greenland to Iceland have increased at an annualized rate of 29.5%, from $10.5M in 2018 to $38.3M in 2023.
In 2023, Greenland did not export any services to Iceland.
Comparison In 2023, Iceland ranked 115 in total exports ($7.31B). That same year, Greenland ranked 150 in total exports ($1.66B). Both countries does not have data related to Economic Complexity Index.