2022
Flag  
GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
 GDP
$2.38BCURRENT US$
Rnk 164 / 186
2012-2022
Flag
GDP GROWTH
-5.08%CURRENT US$
Rnk 170 / 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
$427CURRENT US$
Rnk 185 / 186
2012-2022
Flag
GDP PC GROWTH
-18.8%CURRENT US$
Rnk 171 / 186

About

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
Value

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 (Flag) to Central African Republic (Flag) (2022)

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

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B

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 (Flag) and Iceland (Flag) (2022)

Comparative Advantage Iceland - Central African Republic

Flow
Scale

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 .

Economic Complexity

Competitive Landscape

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.

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with