2022
Flag  
GDP
$688BCURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP GROWTH
39%CURRENT US$
Rnk 85 / 186
2022
Flag
 GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC 
$18,321CURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP PC GROWTH
40.8%CURRENT US$
Rnk 47 / 186
2022
Flag
GDP PC
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186

About

Poland-Iceland Trade: In 2022, Poland exported $209M to Iceland. The main products that Poland exported to Iceland were Iron Structures ($26.9M), Planes, Helicopters, and/or Spacecraft ($12.3M), and Coke ($6.69M). Over the past 5 years the exports of Poland to Iceland have increased at an annualized rate of 2.42%, from $186M in 2017 to $209M in 2022.

In 2020, Poland exported services to Iceland worth $16.2M, with Computer and information services ($6.74M), Transportation ($5.14M), and Travel ($1.26M) being the largest in terms of value.

Iceland-Poland Trade: In 2022, Iceland exported $367M to Poland. The main products that Iceland exported to Poland were Raw Aluminium ($246M), Non-fillet Fresh Fish ($51.4M), and Fish Fillets ($45.7M). Over the past 5 years the exports of Iceland to Poland have increased at an annualized rate of 14.9%,  from $184M in 2017 to $367M in 2022.

In 2019, Iceland exported services to Poland worth $27.3M, with Travel ($20.5M), Transportation ($3.81M), and Royalties and license fees ($896k) being the largest in terms of value.

Comparison In 2022,  Poland ranked 28 in the Economic Complexity Index (ECI 0.99),  and 24 in total exports ($346B). That same year, Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Poland exported $209M to Iceland. The main products exported from Poland to Iceland were Iron Structures ($26.9M), Planes, Helicopters, and/or Spacecraft ($12.3M), and Coke ($6.69M). During the last 5 years the exports of Poland to Iceland have increased at an annualized rate of 2.42%, from $186M in 2017 to $209M in 2022.

In 2017, Iceland exported $367M to Poland. The main products exported from Iceland to Poland were Raw Aluminium ($246M), Non-fillet Fresh Fish ($51.4M), and Fish Fillets ($45.7M). During the last 5 years the exports of Iceland to Poland have increased at an annualized rate of 14.9%, from $184M in 2022 to $367M in 2017.

Exports from Poland (Flag) to Iceland (Flag) (2022)

Exports from Iceland (Flag) to Poland (Flag) (2022)

Latest Data

Trade between Poland (Flag) and Iceland (Flag)

Poland Exports

Iceland Exports

Market Competitiveness

Color
Poland
Top Destination
Germany$93.1B
Iceland
Top Destination
Netherlands$1.97B

This map shows whether countries import more from Poland or Iceland. Each country is colored based on the difference in imports they receive from Poland and Iceland or the difference in the growth in imports.

In 2022, countries that imported more from Poland than Iceland included Germany ($93.1B), Czechia ($22.4B), and France ($19.8B).

In 2022, countries that imported more from Iceland than Poland included Greenland ($28.2M), Wallis and Futuna ($3.54M), and Bermuda ($980k).

Difference in imports from Iceland (Flag) and Poland (Flag) (2022)

Comparative Advantage Poland - Iceland

Flow
Scale

This chart compares trade between Poland and Iceland by product, considering products traded by both, Poland and Iceland.

During 2022, Poland had a large net trade with Iceland in the exports of Metals ($44.9M), Transportation ($38.1M), and Machines ($34.7M).

During 2017, Iceland had a large net trade with Poland in the exports of Metals ($253M), Animal Products ($103M), and Machines ($2.57M).

Bilateral Service Trade

In 2020, Poland exported services to Iceland worth $16.2M, with Computer and information services ($6.74M), Transportation ($5.14M), and Travel ($1.26M) being the largest in terms of value.

In 2019, Iceland exported services to Poland worth $27.3M, with Travel ($20.5M), Transportation ($3.81M), and Royalties and license fees ($896k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Poland (Flag) to Iceland (Flag) (2020)

Services Exports from Iceland (Flag) to Poland (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Poland and Iceland. This means that a dot/product with the flag of Poland indicates it has a comparative advantage over Iceland. Similarly, a dot/product with the flag of Iceland indicates it has a comparative advantage over Poland.

Product Space of Poland (Flag) and Iceland (Flag) (2022)

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