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.