2022
Flag  
GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
 GDP
$58.1BCURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP GROWTH
98.1%CURRENT US$
Rnk 15 / 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
$586CURRENT US$
Rnk 179 / 186
2012-2022
Flag
GDP PC GROWTH
42.1%CURRENT US$
Rnk 45 / 186

About

Iceland-Democratic Republic of the Congo Trade: In 2022, Iceland exported $408k to Democratic Republic of the Congo. The main products that Iceland exported to Democratic Republic of the Congo were Refined Petroleum ($390k), Cars ($14.6k), and Iron Housewares ($1.7k). Over the past 5 years the exports of Iceland to Democratic Republic of the Congo have increased at an annualized rate of 60.4%, from $38.4k in 2017 to $408k in 2022.

In 2022, Iceland did not export any services to Democratic Republic of the Congo.

Democratic Republic of the Congo-Iceland In N/A, Democratic Republic of the Congo did not export any products to Iceland.

In 2022, Democratic Republic of the Congo 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, Democratic Republic of the Congo ranked 130 in the Economic Complexity Index (ECI -1.81), and 71 in total exports ($28.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $408k to Democratic Republic of the Congo. The main products exported from Iceland to Democratic Republic of the Congo were Refined Petroleum ($390k), Cars ($14.6k), and Iron Housewares ($1.7k). During the last 5 years the exports of Iceland to Democratic Republic of the Congo have increased at an annualized rate of 60.4%, from $38.4k in 2017 to $408k in 2022.

Democratic Republic of the Congo does not register exports to Iceland.

Exports from Iceland (Flag) to Democratic Republic of the Congo (Flag) (2022)

Exports from Democratic Republic of the Congo (Flag) to Iceland (Flag) (2022)

Latest Data

Trade between Iceland (Flag) and Democratic Republic of the Congo (Flag)

Iceland Exports

Democratic Republic of the Congo Exports

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B

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

In 2022, countries that imported more from Iceland than Democratic Republic of the Congo included Netherlands ($1.97B), Norway ($459M), and United Kingdom ($672M).

In 2022, countries that imported more from Democratic Republic of the Congo than Iceland included China ($15.6B), Singapore ($1.36B), and United Arab Emirates ($1.3B).

Difference in imports from Democratic Republic of the Congo (Flag) and Iceland (Flag) (2022)

Comparative Advantage Iceland - Democratic Republic of the Congo

Flow
Scale

This chart compares trade between Iceland and Democratic Republic of the Congo by product, considering products traded by both, Iceland and Democratic Republic of the Congo.

During 2022, Iceland had a large net trade with Democratic Republic of the Congo in the exports of Mineral Products ($390k), Transportation ($14.7k), and Metals ($1.7k).

Economic Complexity

Competitive Landscape

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

Product Space of Iceland (Flag) and Democratic Republic of the Congo (Flag) (2022)

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