2022
Flag  
GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC 
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186

About

Iceland-Aruba Trade: In 2020, Iceland exported $1.72k to Aruba. The main products that Iceland exported to Aruba were N/A. Over the past 7 years the exports of Iceland to Aruba have decreased at an annualized rate of 26.1%, from $14.3k in 2013 to $1.72k in 2020.

In 2020, Iceland did not export any services to Aruba.

Aruba-Iceland In false, Aruba did not export any products to Iceland.

In 2020, Aruba did not export any services to Iceland.

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B). That same year, Aruba ranked 194 in total exports ($123M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Iceland exported $1.72k to Aruba. There were not main exports from Iceland to Aruba in 2020. During the last 7 years the exports of Iceland to Aruba have decreased at an annualized rate of 26.1%, from $14.3k in 2013 to $1.72k in 2020.

Aruba does not register exports to Iceland.

Exports from Iceland (Flag) to Aruba (Flag) (2020)

Exports from Aruba (Flag) to Iceland (Flag) (2020)

Latest Data

Trade between Iceland (Flag) and Aruba (Flag)

Iceland Exports

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Aruba
Top Destination
Colombia$49M

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

In 2022, countries that imported more from Iceland than Aruba included Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

In 2022, countries that imported more from Aruba than Iceland included Colombia ($49M), Jordan ($13.2M), and Guyana ($10.4M).

Difference in imports from Aruba (Flag) and Iceland (Flag) (2022)

Comparative Advantage Iceland - Aruba

Flow
Scale

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

During 2020, Iceland had a large net trade with Aruba in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Iceland (Flag) and Aruba (Flag) (2020)

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