Iceland / Israel

Iceland-Israel Trade: In 2022, Iceland exported $5.53M to Israel. The main products that Iceland exported to Israel were Processed Fish ($1.31M), Wood Pulp Lyes ($1.02M), and Knit Socks and Hosiery ($508k). Over the past 5 years the exports of Iceland to Israel have decreased at an annualized rate of 14.7%, from $12.2M in 2017 to $5.53M in 2022.

In 2012, Iceland exported services to Israel worth $17.6M, with Services not allocated ($9.27M), Travel ($7.92M), and Royalties and license fees ($255k) being the largest in terms of value.

Israel-Iceland Trade: In 2022, Israel exported $6.8M to Iceland. The main products that Israel exported to Iceland were Hair Products ($637k), Scrap Aluminium ($627k), and Magnesium ($536k). Over the past 5 years the exports of Israel to Iceland have decreased at an annualized rate of 5.79%,  from $9.17M in 2017 to $6.8M in 2022.

In 2007, Israel exported services to Iceland worth $516k, with Computer and information services ($516k) 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, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).