Iceland / Sweden

Iceland-Sweden Trade: In 2022, Iceland exported $50M to Sweden. The main products that Iceland exported to Sweden were Raw Aluminium ($9.98M), Fish Fillets ($8.93M), and Dried/Salted/Smoked/Brined Fish ($6.22M). Over the past 5 years the exports of Iceland to Sweden have increased at an annualized rate of 7.65%, from $34.6M in 2017 to $50M in 2022.

In 2019, Iceland exported services to Sweden worth $122M, with Transportation ($48.5M), Travel ($45.6M), and Computer and information services ($12.1M) being the largest in terms of value.

Sweden-Iceland Trade: In 2022, Sweden exported $469M to Iceland. The main products that Sweden exported to Iceland were Cars ($24.1M), Packaged Medicaments ($19.2M), and Video Displays ($17.6M). Over the past 5 years the exports of Sweden to Iceland have increased at an annualized rate of 5.48%,  from $359M in 2017 to $469M in 2022.

In 2020, Sweden exported services to Iceland worth $85.9M, with Personal, cultural, and recreational services ($21.2M), Other business services ($20.2M), and Transportation ($14.8M) 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).