Morocco-Iceland Trade: In 2022, Morocco exported $16.9M to Iceland. The main products that Morocco exported to Iceland were Fish oil ($4.49M), Passenger and Cargo Ships ($2.62M), and Other Fruits ($2.08M). Over the past 5 years the exports of Morocco to Iceland have increased at an annualized rate of 29%, from $4.72M in 2017 to $16.9M in 2022.
In 2022, Morocco did not export any services to Iceland.
Iceland-Morocco Trade: In 2022, Iceland exported $2.44M to Morocco. The main products that Iceland exported to Morocco were Molluscs ($972k), Scrap Iron ($956k), and Non-fillet Frozen Fish ($116k). Over the past 5 years the exports of Iceland to Morocco have decreased at an annualized rate of 12.6%, from $4.78M in 2017 to $2.44M in 2022.
In 2019, Iceland exported services to Morocco worth $112k, with Travel ($112k) being the largest in terms of value.
Comparison In 2022, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B). That same year, Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index.