2022
Flag  
GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
 GDP
$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH
-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC 
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186
2022
Flag
GDP PC
$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH
-39.6%CURRENT US$
Rnk 182 / 186

About

Iceland-Angola Trade: In 2022, Iceland exported $120k to Angola. The main products that Iceland exported to Angola were Electrical Transformers ($34.6k), Packaged Medicaments ($18.6k), and Valves ($16.2k). Over the past 5 years the exports of Iceland to Angola have increased at an annualized rate of 4.48%, from $96.8k in 2017 to $120k in 2022.

In 2022, Iceland did not export any services to Angola.

Angola-Iceland In N/A, Angola did not export any products to Iceland.

In 2022, Angola did not export any services to Iceland.

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $120k to Angola. The main products exported from Iceland to Angola were Electrical Transformers ($34.6k), Packaged Medicaments ($18.6k), and Valves ($16.2k). During the last 5 years the exports of Iceland to Angola have increased at an annualized rate of 4.48%, from $96.8k in 2017 to $120k in 2022.

Angola does not register exports to Iceland. The main products exported from Angola to Iceland were Valves ($19.9k), Liquid Pumps ($14.7k), and Flavored Water ($402).

Exports from Iceland (Flag) to Angola (Flag) (2022)

Exports from Angola (Flag) to Iceland (Flag) (2022)

Latest Data

Trade between Iceland (Flag) and Angola (Flag)

Iceland Exports

Angola Exports

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Angola
Top Destination
China$21.8B

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

In 2022, countries that imported more from Iceland than Angola included Germany ($573M), Norway ($459M), and Poland ($367M).

In 2022, countries that imported more from Angola than Iceland included China ($21.8B), India ($4.81B), and United Arab Emirates ($3.63B).

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

Comparative Advantage Iceland - Angola

Flow
Scale

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

During 2022, Iceland had a large net trade with Angola in the exports of Machines ($76.3k), Chemical Products ($19.4k), and Textiles ($15k).

Economic Complexity

Competitive Landscape

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

Product Space of Iceland (Flag) and Angola (Flag) (2022)

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