Iceland-Turkey Trade: In 2022, Iceland exported $34.5M to Turkey. The main products that Iceland exported to Turkey were Fish Fillets ($10.7M), Aluminium Wire ($10.7M), and Non-fillet Frozen Fish ($5.57M). Over the past 5 years the exports of Iceland to Turkey have increased at an annualized rate of 2.35%, from $30.7M in 2017 to $34.5M in 2022.
In 2019, Iceland exported services to Turkey worth $4.48M, with Travel ($3.69M) and Transportation ($784k) being the largest in terms of value.
Turkey-Iceland Trade: In 2022, Turkey exported $81.4M to Iceland. The main products that Turkey exported to Iceland were Quartz ($21.7M), Raw Iron Bars ($11.7M), and Cars ($7.42M). Over the past 5 years the exports of Turkey to Iceland have decreased at an annualized rate of 6.54%, from $224M in 2017 to $81.4M in 2022.
In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).