2022
Flag  
GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
 GDP
$113BCURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP GROWTH
101%CURRENT US$
Rnk 13 / 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
$2,099CURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 24 / 186

About

Iceland-Kenya Trade: In 2022, Iceland exported $451k to Kenya. The main products that Iceland exported to Kenya were Fish oil ($148k), Other Edible Preparations ($114k), and Plastic Lids ($40.6k). Over the past 5 years the exports of Iceland to Kenya have increased at an annualized rate of 92.6%, from $17k in 2017 to $451k in 2022.

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

Kenya-Iceland Trade: In 2022, Kenya exported $833k to Iceland. The main products that Kenya exported to Iceland were Other Vegetables ($458k), Coffee ($260k), and Other Processed Fruits and Nuts ($225k). Over the past 5 years the exports of Kenya to Iceland have increased at an annualized rate of 109%,  from $21.1k in 2017 to $833k in 2022.

In 2022, Kenya 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, Kenya ranked 87 in the Economic Complexity Index (ECI -0.5), and 115 in total exports ($7.34B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $451k to Kenya. The main products exported from Iceland to Kenya were Fish oil ($148k), Other Edible Preparations ($114k), and Plastic Lids ($40.6k). During the last 5 years the exports of Iceland to Kenya have increased at an annualized rate of 92.6%, from $17k in 2017 to $451k in 2022.

In 2017, Kenya exported $833k to Iceland. The main products exported from Kenya to Iceland were Other Vegetables ($458k), Coffee ($260k), and Other Processed Fruits and Nuts ($225k). During the last 22 years the exports of Kenya to Iceland have increased at an annualized rate of 109%, from $21.1k in 1995 to $833k in 2017.

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

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

Latest Data

Trade between Iceland (Flag) and Kenya (Flag)

Iceland Exports

Kenya Exports

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Kenya
Top Destination
United States$722M

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

In 2022, countries that imported more from Iceland than Kenya included Netherlands ($1.97B), Norway ($459M), and Germany ($573M).

In 2022, countries that imported more from Kenya than Iceland included Uganda ($677M), Pakistan ($541M), and Rwanda ($439M).

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

Comparative Advantage Iceland - Kenya

Flow
Scale

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

During 2022, Iceland had a large net trade with Kenya in the exports of Animal and Vegetable Bi-Products ($148k), Foodstuffs ($114k), and Plastics and Rubbers ($41.3k).

During 2017, Kenya had a large net trade with Iceland in the exports of Vegetable Products ($1.16M), Foodstuffs ($227k), and Miscellaneous ($81.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iceland Kenya+N/AN/A
Top Product Potential Kenya Iceland+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

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

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