Iceland / Romania

Iceland-Romania Trade: In 2023, Iceland exported $1.57M to Romania. The main products that Iceland exported to Romania were Fish Oil ($375k), Fish Fillets ($261k), and Other Edible Preparations ($228k). Over the past 5 years the exports of Iceland to Romania have increased at an annualized rate of 1.67%, from $1.45M in 2018 to $1.57M in 2023.

In 2019, Iceland exported services to Romania worth $5.71M, with Travel ($5.49M) and Transportation ($224k) being the largest in terms of value.

Romania-Iceland Trade: In 2023, Romania exported $39M to Iceland. The main products that Romania exported to Iceland were Cars ($19.8M), Rolled Tobacco ($1.08M), and Buses ($1.02M). Over the past 5 years the exports of Romania to Iceland have increased at an annualized rate of 11.8%,  from $22.3M in 2018 to $39M in 2023.

In 2020, Romania exported services to Iceland worth $10.6M, with Other business services ($7.77M), Travel ($1.94M), and Computer and information services ($685k) 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, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B).