2022
Flag
 GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
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GDP GROWTH
88.7%CURRENT US$
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2022
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GDP PC
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
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GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186

About

Belgium-Luxembourg-Iceland In 1998, Belgium-Luxembourg exported $55.7M to Iceland. The main products that Belgium-Luxembourg exported to Iceland are N/A. During the last 3 years the exports of Belgium-Luxembourg to Iceland have increased at an annualized rate of 9.51%, from $42.4M in 1995 to $55.7M in 1998.

In 1998, Belgium-Luxembourg did not export any services to Iceland.

Iceland-Belgium-Luxembourg In 1998, Iceland exported $30M to Belgium-Luxembourg. The main products that Iceland exported to Belgium-Luxembourg were N/A. During the last 3 years the exports of Iceland to Belgium-Luxembourg have decreased at an annualized rate of 4.73%, from $34.7M in 1995 to $30M in 1998.

In 1998, Iceland did not export any services to Belgium-Luxembourg.

Comparison In 2022,  Belgium-Luxembourg ranked N/A in total exports (N/A). That same year, Iceland ranked N/A in total exports (N/A). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 1998, Belgium-Luxembourg exported $55.7M to Iceland. There were not main exports from Belgium-Luxembourg to Iceland in 1998. During the last 3 years the exports of Belgium-Luxembourg to Iceland have increased at an annualized rate of 9.51%, from $42.4M in 1995 to $55.7M in 1998.

In 1998, Iceland exported $30M to Belgium-Luxembourg. There were not main exports from Iceland to Belgium-Luxembourg in 1998. During the last 3 years the exports of Iceland to Belgium-Luxembourg have decreased at an annualized rate of 4.73%, from $34.7M in 1995 to $30M in 1998.

Exports from Belgium-Luxembourg (Flag) to Iceland (Flag) (1998)

Exports from Iceland (Flag) to Belgium-Luxembourg (Flag) (1998)

Market Competitiveness

Color
Belgium-Luxembourg
Top Destination
N/AN/A
Iceland
Top Destination
N/AN/A

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

N/A

N/A

Difference in imports from Iceland (Flag) and Belgium-Luxembourg (Flag) (2022)

Comparative Advantage Belgium-Luxembourg - Iceland

Flow
Scale

This chart compares trade between Belgium-Luxembourg and Iceland by product, considering products traded by both, Belgium-Luxembourg and Iceland.

During 1998, Belgium-Luxembourg had a large net trade with Iceland in the exports of .

During 1998, Iceland had a large net trade with Belgium-Luxembourg in the exports of .

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Belgium-Luxembourg has comparative advantage over Iceland. Similarly, the more yellow a dot/product is, the more Iceland has comparative advantage over Belgium-Luxembourg.

Product Space of Belgium-Luxembourg (Flag) and Iceland (Flag) (1998)

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