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2022
Flag → Flag
Exports $73.6kRnk 42 / 0
2022
Flag → Flag
Exports $21.4kRnk 72 / 76
2022
Flag → Flag
Top Product $155Beauty Products
2023
Flag  
GDP$31.3BCURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP GROWTH94.3%CURRENT US$
Rnk 17 / 195
2023
Flag
 GDP$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH28.9%CURRENT US$
Rnk 117 / 195
2023
Flag
GDP PC $79,637CURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP PC GROWTH59.9%CURRENT US$
Rnk 31 / 195
2023
Flag
GDP PC$3,372CURRENT US$
Rnk 140 / 196
2013-2023
Flag
GDP PC GROWTH1.72%CURRENT US$
Rnk 151 / 195

About

Iceland-Palestine Trade: In 2022, Iceland exported $73.6k to Palestine. The main products that Iceland exported to Palestine were N/A. Over the past 7 years the exports of Iceland to Palestine have increased at an annualized rate of 5.74%, from $49.8k in 2015 to $73.6k in 2022.

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

Palestine-Iceland In N/A, Palestine did not export any products to Iceland.

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

Comparison In 2023,  Iceland ranked 115 in total exports ($7.31B). That same year, Palestine ranked 189 in total exports ($189M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $73.6k to Palestine. There were not main exports from Iceland to Palestine in 2022. During the last 7 years the exports of Iceland to Palestine have increased at an annualized rate of 5.74%, from $49.8k in 2015 to $73.6k in 2022.

Palestine does not register exports to Iceland. The main products exported from Palestine to Iceland were Beauty Products ($155), Knit Active Wear ($137), and Scarves ($50).

Exports from Iceland (Flag) to Palestine (Flag) (2023)

Exports from Palestine (Flag) to Iceland (Flag) (2023)

Market Competitiveness

Color
Iceland
Top DestinationNetherlands$1.97B
Palestine
Top DestinationJordan$96.6M

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

In 2023, countries that imported more from Iceland than Palestine included Netherlands ($1.97B), Germany ($771M), and United States ($735M).

In 2023, countries that imported more from Palestine than Iceland included Jordan ($96.6M), United Arab Emirates ($14.3M), and Saudi Arabia ($8.53M).

Difference in imports from Palestine (Flag) and Iceland (Flag) (2023)

Comparative Advantage Iceland - Palestine

Flow
Scale

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

During 2022, Iceland had a large net trade with Palestine in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Iceland (Flag) and Palestine (Flag) (2023)

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