Singapore Exports to Iceland

Singapore's exports to Iceland rose to $7.62 million in 2023, up from $3.32 million in 2022, according to the UN Comtrade Database. This represents an increase of 129.2% ($4.3 million) from the previous year. Top exports from Singapore to Iceland were Electrical machinery and equipment ($3.70 million), Machinery, mechanical appliances, reactors ($3.47 million), Pharmaceutical products ($108,844.84).

Singapore moved from a trade deficit with Iceland of $4.74M in 2022 to a surplus of $3.81M in 2023. This represents a reversal of $8.55 million (180.3%).

Singapore Exports to Iceland by Goods (2023)

The table below shows the ranking of Singapore exports to Iceland by goods in 2023, highlighting the top exported goods.

Export Rank Exported Goods Export Value (USD) Year
1 Electrical machinery and equipment; audio and video equipment $3.70M 2023
2 Machinery, mechanical appliances, reactors $3.47M 2023
3 Pharmaceutical products $108,844.84 2023
4 Optical, medical, measuring instruments $94,247.91 2023
5 Aircraft, spacecraft, parts $84,696.31 2023
6 Furniture, bedding, lighting, prefabricated buildings $68,229.71 2023
7 Wadding, felt, twine, ropes, cords $47,921.04 2023
8 Fish, crustaceans, molluscs, aquatic invertebrates $20,715.97 2023
9 Clocks, watches, parts $8,916.46 2023
10 Dyes, pigments, tanning extracts, paints, inks $6,396.77 2023
11 Printed books, newspapers, printed matter $4,523.38 2023
12 Unspecified commodities $4,182.36 2023
13 Aluminium and aluminium articles $1,357.39 2023
14 Footwear and parts $990.30 2023
15 Leather goods, bags, saddlery, travel goods $279.22 2023
16 Knitted or crocheted clothing $139.98 2023
17 Non-knitted clothing $49.14 2023
18 Plastics and plastic articles $40.95 2023
19 Headgear $20.10 2023