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Pricing

2022
Flag → Flag
Exports $1.21MRnk 70 / 160
2022
Flag → Flag
Top Product $825kOrthopedic Appliances
2022
Flag → Flag
Exports $5.06MRnk 138 / 168
2022
Flag → Flag
Top Product $3.26MMolluscs
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag  
GDP$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
 GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC $72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186
2022
Flag
GDP PC$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186

About

Iceland-Argentina Trade: In 2022, Iceland exported $1.21M to Argentina. The main products that Iceland exported to Argentina were Orthopedic Appliances ($825k), Non-fillet Frozen Fish ($53.4k), and Scales ($44.4k). Over the past 5 years the exports of Iceland to Argentina have decreased at an annualized rate of 9.66%, from $2.01M in 2017 to $1.21M in 2022.

In 2019, Iceland exported services to Argentina worth $2.02M, with Travel ($2.02M) being the largest in terms of value.

Argentina-Iceland Trade: In 2022, Argentina exported $5.06M to Iceland. The main products that Argentina exported to Iceland were Molluscs ($3.26M), Wine ($876k), and Ground Nuts ($233k). Over the past 5 years the exports of Argentina to Iceland have increased at an annualized rate of 6.37%,  from $3.71M in 2017 to $5.06M in 2022.

In 2022, Argentina 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, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $1.21M to Argentina. The main products exported from Iceland to Argentina were Orthopedic Appliances ($825k), Non-fillet Frozen Fish ($53.4k), and Scales ($44.4k). During the last 5 years the exports of Iceland to Argentina have decreased at an annualized rate of 9.66%, from $2.01M in 2017 to $1.21M in 2022.

In 2017, Argentina exported $5.06M to Iceland. The main products exported from Argentina to Iceland were Molluscs ($3.26M), Wine ($876k), and Ground Nuts ($233k). During the last 5 years the exports of Argentina to Iceland have increased at an annualized rate of 6.37%, from $3.71M in 2022 to $5.06M in 2017.

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

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

Latest Data

Trade between Iceland (Flag) and Argentina (Flag)

Iceland Exports

Argentina Exports

Market Competitiveness

Color
Iceland
Top DestinationNetherlands$1.97B
Argentina
Top DestinationBrazil$12.6B

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

In 2022, countries that imported more from Iceland than Argentina included Norway ($459M), Denmark ($257M), and Czechia ($106M).

In 2022, countries that imported more from Argentina than Iceland included Brazil ($12.6B), China ($8B), and United States ($6.99B).

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

Comparative Advantage Iceland - Argentina

Flow
Scale

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

During 2022, Iceland had a large net trade with Argentina in the exports of Instruments ($854k), Machines ($167k), and Animal Products ($53.4k).

During 2017, Argentina had a large net trade with Iceland in the exports of Animal Products ($3.34M), Foodstuffs ($955k), and Vegetable Products ($500k).

Economic Complexity

Competitive Landscape

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

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

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