Iceland (ISL) and Central African Republic (CAF) Trade | The Observatory of Economic Complexity

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Iceland-Central African Republic Trade: In 2022, Iceland exported $10.7k to Central African Republic. The main products that Iceland exported to Central African Republic were Stone Processing Machines ($685k), Broadcasting Equipment ($134k), and Enzymes ($1.77k). Over the past 6 years the exports of Iceland to Central African Republic have decreased at an annualized rate of 29.7%, from $88.6k in 2016 to $10.7k in 2022.

In 2022, Iceland did not export any services to Central African Republic.

Central African Republic-Iceland Trade: In 2022, Central African Republic exported $969k to Iceland. The main products that Central African Republic exported to Iceland were N/A. Over the past 6 years the exports of Central African Republic to Iceland have increased at an annualized rate of 9.93%, from $549k in 2016 to $969k in 2022.

In 2022, Central African Republic did not export any services to Iceland.

Comparison In 2022, Iceland ranked 116 in total exports ($7.31B). That same year, Central African Republic ranked 183 in total exports ($231M). 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

In 2022, Iceland exported $10.7k to Central African Republic. The main products exported from Iceland to Central African Republic were Stone Processing Machines ($685k), Broadcasting Equipment ($134k), and Enzymes ($1.77k). During the last 6 years the exports of Iceland to Central African Republic have decreased at an annualized rate of 29.7%, from $88.6k in 2016 to $10.7k in 2022.

In 2007, Central African Republic exported $969k to Iceland. There were not main exports from Central African Republic to Iceland in 2007. During the last 1 years the exports of Central African Republic to Iceland have increased at an annualized rate of 9.93%, from $549k in 2006 to $969k in 2007.

Exports from Iceland () to Central African Republic () (2022)

Exports from Central African Republic () to Iceland () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iceland
Top DestinationNetherlands$1.97B

Central African Republic
Top DestinationUnited Arab Emirates$91.9M

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

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

In 2022, countries that imported more from Central African Republic than Iceland included United Arab Emirates ($91.9M), Pakistan ($23.1M), and Cameroon ($8.31M).

Difference in imports from Central African Republic () and Iceland () (2022)

Comparative Advantage Iceland - Central African Republic

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Iceland and Central African Republic by product, considering products traded by both, Iceland and Central African Republic.

During 2022, Iceland had a large net trade with Central African Republic in the exports of Machines ($819k) and Chemical Products ($2.51k).

During 2007, Central African Republic had a large net trade with Iceland in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Iceland () to Central African Republic () (2022)

Exports from Central African Republic () to Iceland () (2022)

Market Competitiveness

Difference in imports from Central African Republic () and Iceland () (2022)

Comparative Advantage Iceland - Central African Republic

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Iceland () and Central African Republic () (2022)

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