Gibraltar (GIB) and Iceland (ISL) Trade | The Observatory of Economic Complexity

About

In N/A, Gibraltar did not export any services to Iceland.

Iceland-Gibraltar Trade: In N/A, Iceland exported $232k to Gibraltar. The main products that Iceland exported to Gibraltar were Refined Petroleum ($227k), Revenue Stamps ($5.59k), and Other Headwear ($31). Over the past N/A years the exports of Iceland to Gibraltar have decreased at an annualized rate of 34.9%, from $1.98M in N/A to $232k in N/A.

In N/A, Iceland did not export any services to Gibraltar.

Comparison In 2023, Gibraltar ranked 177 in total exports ($296M). That same year, Iceland ranked 115 in total exports ($7.31B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Gibraltar does not register exports to Iceland.

In 2018, Iceland exported $232k to Gibraltar. The main products exported from Iceland to Gibraltar were Refined Petroleum ($227k), Revenue Stamps ($5.59k), and Other Headwear ($31). During the last 5 years the exports of Iceland to Gibraltar have decreased at an annualized rate of 34.9%, from $1.98M in 2023 to $232k in 2018.

Exports from Gibraltar () to Iceland () (2023)

Exports from Iceland () to Gibraltar () (2023)

Latest Data

Trade between Gibraltar () and Iceland ()

Iceland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gibraltar
Top DestinationNetherlands$113M

Iceland
Top DestinationNetherlands$1.97B

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

In 2023, countries that imported more from Gibraltar than Iceland included Cyprus ($20.9M), Malaysia ($8.23M), and Ghana ($1.3M).

In 2023, countries that imported more from Iceland than Gibraltar included Netherlands ($1.97B), Germany ($771M), and United States ($735M).

Difference in imports from Iceland () and Gibraltar () (2023)

Comparative Advantage Gibraltar - Iceland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Iceland had a large net trade with Gibraltar in the exports of Mineral Products ($227k), Arts and Antiques ($5.59k), and Footwear and Headwear ($31).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Gibraltar () to Iceland () (2023)

Exports from Iceland () to Gibraltar () (2023)

Latest Data

Trade between Gibraltar () and Iceland ()

Iceland Exports

Market Competitiveness

Difference in imports from Iceland () and Gibraltar () (2023)

Comparative Advantage Gibraltar - Iceland

Economic Complexity

Competitive Landscape

Product Space of Gibraltar () and Iceland () (2023)

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