Iceland / Mexico

Iceland-Mexico Trade: In 2022, Iceland exported $2.41M to Mexico. The main products that Iceland exported to Mexico were Fish oil ($1.63M), Non-fillet Frozen Fish ($410k), and Electrical Resistors ($174k). Over the past 5 years the exports of Iceland to Mexico have decreased at an annualized rate of 33.5%, from $18.5M in 2017 to $2.41M in 2022.

In 2019, Iceland exported services to Mexico worth $12.7M, with Travel ($12.3M) and Transportation ($336k) being the largest in terms of value.

Mexico-Iceland Trade: In 2022, Mexico exported $18.3M to Iceland. The main products that Mexico exported to Iceland were Broadcasting Equipment ($2.65M), Cars ($1.98M), and Orthopedic Appliances ($1.07M). Over the past 5 years the exports of Mexico to Iceland have decreased at an annualized rate of 4.47%,  from $23M in 2017 to $18.3M in 2022.

In 2022, Mexico did not export any services to Iceland.

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. That same year, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).