Iceland / Sweden

Iceland-Sweden Trade: In 2023, Iceland exported $39.6M to Sweden. The main products that Iceland exported to Sweden were Fish Fillets ($8.78M), Dried/Salted/Smoked/Brined Fish ($5.19M), and Pumice ($2.62M). Over the past 5 years the exports of Iceland to Sweden have increased at an annualized rate of 6.5%, from $28.9M in 2018 to $39.6M in 2023.

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 2023, Sweden exported $408M to Iceland. The main products that Sweden exported to Iceland were Packaged Medicaments ($28.6M), Fluorides ($14.9M), and Cars ($14.8M). Over the past 5 years the exports of Sweden to Iceland have increased at an annualized rate of 4.03%,  from $335M in 2018 to $408M in 2023.

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 2023,  Iceland ranked 115 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 1.53), and 32 in total exports ($188B).