Iceland-Serbia Trade: In 2022, Iceland exported $873k to Serbia. The main products that Iceland exported to Serbia were Special Purpose Ships ($410k), Non-fillet Frozen Fish ($269k), and Refined Petroleum ($96.3k). Over the past 5 years the exports of Iceland to Serbia have increased at an annualized rate of 15.9%, from $418k in 2017 to $873k in 2022.
In 2022, Iceland did not export any services to Serbia.
Serbia-Iceland Trade: In 2022, Serbia exported $5.83M to Iceland. The main products that Serbia exported to Iceland were Packaged Medicaments ($1.07M), Rubber Tires ($824k), and Cellulose Fibers Paper ($591k). Over the past 5 years the exports of Serbia to Iceland have increased at an annualized rate of 13.6%, from $3.08M in 2017 to $5.83M in 2022.
In 2019, Serbia exported services to Iceland worth $6.72M, with Computer and information services ($4.48M), Travel ($1.12M), and Other business services ($1.12M) 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, Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B).