Iceland / Japan

Iceland-Japan Trade: In 2022, Iceland exported $174M to Japan. The main products that Iceland exported to Japan were Ferroalloys ($86.5M), Non-fillet Frozen Fish ($47.5M), and Other Meat ($20.5M). Over the past 5 years the exports of Iceland to Japan have increased at an annualized rate of 9.02%, from $113M in 2017 to $174M in 2022.

In 2019, Iceland exported services to Japan worth $78.1M, with Computer and information services ($42.4M), Travel ($18.7M), and Transportation ($9.85M) being the largest in terms of value.

Japan-Iceland Trade: In 2022, Japan exported $115M to Iceland. The main products that Japan exported to Iceland were Cars ($74.6M), Carbon-based Electronics ($8.71M), and Delivery Trucks ($2.13M). Over the past 5 years the exports of Japan to Iceland have decreased at an annualized rate of 3.18%,  from $135M in 2017 to $115M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).