2022
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GDP
$27.8BCURRENT US$
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2012-2022
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GDP GROWTH
88.7%CURRENT US$
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2022
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 GDP
$46.7BCURRENT US$
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2012-2022
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GDP GROWTH
-1.37%CURRENT US$
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2022
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GDP PC 
$72,903CURRENT US$
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2012-2022
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GDP PC GROWTH
58.5%CURRENT US$
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2022
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GDP PC
$3,777CURRENT US$
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2012-2022
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GDP PC GROWTH
-10.8%CURRENT US$
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About

Iceland-Tunisia In 2022, Iceland exported $3.78M to Tunisia. The main products that Iceland exported to Tunisia are Cheese ($2.59M), Integrated Circuits ($530k), and Printed Circuit Boards ($246k). During the last 27 years the exports of Iceland to Tunisia have increased at an annualized rate of 15.5%, from $76.8k in 1995 to $3.78M in 2022.

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

Tunisia-Iceland In 2022, Tunisia exported $10.9M to Iceland. The main products that Tunisia exported to Iceland were Salt ($5.87M), Other Plastic Products ($1.04M), and Non-Knit Men's Suits ($706k). During the last 27 years the exports of Tunisia to Iceland have increased at an annualized rate of 5.17%, from $2.79M in 1995 to $10.9M in 2022.

In 2022, Tunisia 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, Tunisia ranked 50 in the Economic Complexity Index (ECI 0.26), and 76 in total exports ($21.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $3.78M to Tunisia. The main products exported from Iceland to Tunisia were Cheese ($2.59M), Integrated Circuits ($530k), and Printed Circuit Boards ($246k). During the last 27 years the exports of Iceland to Tunisia have increased at an annualized rate of 15.5%, from $76.8k in 1995 to $3.78M in 2022.

In 2022, Tunisia exported $10.9M to Iceland. The main products exported from Tunisia to Iceland were Salt ($5.87M), Other Plastic Products ($1.04M), and Non-Knit Men's Suits ($706k). During the last 27 years the exports of Tunisia to Iceland have increased at an annualized rate of 5.17%, from $2.79M in 1995 to $10.9M in 2022.

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

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

Latest Data

Trade between Iceland (Flag) and Tunisia (Flag)

Iceland Exports

Tunisia Exports

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Tunisia
Top Destination
France$4.8B

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

In 2021, countries that imported more from Iceland than Tunisia were Netherlands ($1.97B), Norway ($459M), and Denmark ($257M).

In 2021, countries that imported more from Tunisia than Iceland were France ($4.8B), Italy ($3.45B), and Germany ($3.01B).

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

Comparative Advantage Iceland - Tunisia

Flow
Scale

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

During 2022, Iceland had a large net trade with Tunisia in the exports of Animal Products ($2.59M), Machines ($960k), and Metals ($155k).

During 2022, Tunisia had a large net trade with Iceland in the exports of Mineral Products ($5.87M), Textiles ($1.46M), and Plastics and Rubbers ($1.32M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Iceland has comparative advantage over Tunisia. Similarly, the more yellow a dot/product is, the more Tunisia has comparative advantage over Iceland.

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

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