Iceland (ISL) and Syria (SYR) Trade | The Observatory of Economic Complexity

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Iceland-Syria Trade: In 2019, Iceland exported $229k to Syria. The main products that Iceland exported to Syria were N/A. Over the past 10 years the exports of Iceland to Syria have increased at an annualized rate of 16%, from $52k in 2009 to $229k in 2019.

In 2019, Iceland did not export any services to Syria.

Syria-Iceland Trade: In 2019, Syria exported $35.7k to Iceland. The main products that Syria exported to Iceland were Spice Seeds ($4.32k), Baked Goods ($3.53k), and Coffee ($3.22k). Over the past 10 years the exports of Syria to Iceland have increased at an annualized rate of 50.4%, from $4.64k in 2009 to $35.7k in 2019.

In 2019, Syria did not export any services to Iceland.

Comparison In 2022, Iceland ranked 116 in total exports ($7.31B). That same year, Syria ranked 164 in total exports ($771M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2019, Iceland exported $229k to Syria. There were not main exports from Iceland to Syria in 2019. During the last 10 years the exports of Iceland to Syria have increased at an annualized rate of 16%, from $52k in 2009 to $229k in 2019.

In 2017, Syria exported $35.7k to Iceland. The main products exported from Syria to Iceland were Spice Seeds ($4.32k), Baked Goods ($3.53k), and Coffee ($3.22k). During the last 5 years the exports of Syria to Iceland have increased at an annualized rate of 50.4%, from $4.64k in 2022 to $35.7k in 2017.

Exports from Iceland () to Syria () (2022)

Exports from Syria () to Iceland () (2022)

Latest Data

Trade between Iceland () and Syria ()

Iceland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iceland
Top DestinationNetherlands$1.97B

Syria
Top DestinationTurkey$226M

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

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

In 2022, countries that imported more from Syria than Iceland included Turkey ($226M), Kuwait ($114M), and Lebanon ($107M).

Difference in imports from Syria () and Iceland () (2022)

Comparative Advantage Iceland - Syria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2019, Iceland had a large net trade with Syria in the exports of .

During 2017, Syria had a large net trade with Iceland in the exports of Vegetable Products ($16.5k), Foodstuffs ($13.3k), and Chemical Products ($1.6k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Iceland () to Syria () (2022)

Exports from Syria () to Iceland () (2022)

Latest Data

Trade between Iceland () and Syria ()

Iceland Exports

Market Competitiveness

Difference in imports from Syria () and Iceland () (2022)

Comparative Advantage Iceland - Syria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Iceland () and Syria () (2022)

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