Iceland / Ireland

Iceland-Ireland Trade: In 2023, Iceland exported $30.4M to Ireland. The main products that Iceland exported to Ireland were Gravel and Crushed Stone ($10.5M), Other Processed Fruits and Nuts ($6.07M), and Fish Fillets ($4.89M). Over the past 5 years the exports of Iceland to Ireland have increased at an annualized rate of 7.31%, from $21.4M in 2018 to $30.4M in 2023.

In 2019, Iceland exported services to Ireland worth $34.5M, with Travel ($17.6M), Transportation ($6.83M), and Computer and information services ($6.27M) being the largest in terms of value.

Ireland-Iceland Trade: In 2023, Ireland exported $69.1M to Iceland. The main products that Ireland exported to Iceland were Planes, Helicopters, and/or Spacecraft ($22.4M), Other Edible Preparations ($5.16M), and Scented Mixtures ($3.93M). Over the past 5 years the exports of Ireland to Iceland have decreased at an annualized rate of 0.85%,  from $72.1M in 2018 to $69.1M in 2023.

In 2020, Ireland exported services to Iceland worth $42.3M, with Other business services ($21.7M), Financial services ($19.4M), and Insurance services ($1.14M) 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, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B).