Iceland-Saudi Arabia Trade: In 2022, Iceland exported $198k to Saudi Arabia. The main products that Iceland exported to Saudi Arabia were Plastic Lids ($119k), Medical Instruments ($28.2k), and Water ($18.7k). Over the past 5 years the exports of Iceland to Saudi Arabia have decreased at an annualized rate of 44.6%, from $3.78M in 2017 to $198k in 2022.
In 2022, Iceland did not export any services to Saudi Arabia.
Saudi Arabia-Iceland Trade: In 2022, Saudi Arabia exported $50.7M to Iceland. The main products that Saudi Arabia exported to Iceland were Refined Petroleum ($50.3M), Cars ($297k), and Coated Textile Fabric ($49k). Over the past 5 years the exports of Saudi Arabia to Iceland have decreased at an annualized rate of 14.8%, from $113M in 2017 to $50.7M in 2022.
In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).