Iceland-South Africa Trade: In 2022, Iceland exported $3.56M to South Africa. The main products that Iceland exported to South Africa were Computers ($994k), Refined Petroleum ($738k), and Orthopedic Appliances ($622k). Over the past 5 years the exports of Iceland to South Africa have decreased at an annualized rate of 28%, from $18.4M in 2017 to $3.56M in 2022.
In 2019, Iceland exported services to South Africa worth $2.8M, with Travel ($2.69M) and Transportation ($112k) being the largest in terms of value.
South Africa-Iceland Trade: In 2022, South Africa exported $8.96M to Iceland. The main products that South Africa exported to Iceland were Iron Structures ($1.95M), Grapes ($1.26M), and Delivery Trucks ($1.1M). Over the past 5 years the exports of South Africa to Iceland have decreased at an annualized rate of 4.72%, from $11.4M in 2017 to $8.96M in 2022.
In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).