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2022
Flag → Flag
Exports $63.4kRnk 121 / 160
2022
Flag → Flag
Exports $6.83kRnk 68 / 0
2022
Flag  
GDP$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
 GDP$19.1BCURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP GROWTH56.5%CURRENT US$
Rnk 47 / 186
2022
Flag
GDP PC $72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186
2022
Flag
GDP PC$3,789CURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP PC GROWTH23.5%CURRENT US$
Rnk 75 / 186

About

Iceland-Palestine Trade: In 2022, Iceland exported $63.4k 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 3.51%, from $49.8k in 2015 to $63.4k 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 2022,  Iceland ranked 116 in total exports ($7.31B). That same year, Palestine ranked 150 in total exports ($1.61B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $63.4k 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 3.51%, from $49.8k in 2015 to $63.4k in 2022.

Palestine does not register exports to Iceland.

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

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

Market Competitiveness

Color
Iceland
Top DestinationNetherlands$1.97B
Palestine
Top DestinationIsrael$1.3B

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

In 2022, countries that imported more from Palestine than Iceland included Israel ($1.3B), Jordan ($159M), and United Arab Emirates ($29.1M).

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

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 Chemical Products ($63.3k), Transportation ($27), and Paper Goods ($3).

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) (2022)

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