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2022
Flag → Flag
Exports $76.5kRnk 116 / 160
2022
Flag → Flag
Top Product $76.5kRevolution Counters
2022
Flag → Flag
Exports $9.71kRnk 107 / 128
2022
Flag → Flag
Top Product $6.47kOther Fruits
2022
Flag
Economic Complexity (ECI) ECI -0.7Rnk 96 / 133
2022
Flag  
GDP$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
 GDP$29.8BCURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP GROWTH16.8%CURRENT US$
Rnk 130 / 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$1,488CURRENT US$
Rnk 158 / 186
2012-2022
Flag
GDP PC GROWTH-14%CURRENT US$
Rnk 165 / 186

About

Iceland-Zambia Trade: In 2022, Iceland exported $76.5k to Zambia. The main products that Iceland exported to Zambia were Revolution Counters ($76.5k). Over the past 5 years the exports of Iceland to Zambia have decreased at an annualized rate of 1.24%, from $81.4k in 2017 to $76.5k in 2022.

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

Zambia-Iceland Trade: In 2022, Zambia exported $9.71k to Iceland. The main products that Zambia exported to Iceland were Other Fruits ($6.47k), Cut Flowers ($2.58k), and Legumes ($457). Over the past 5 years the exports of Zambia to Iceland have increased at an annualized rate of 4.08%,  from $7.64k in 2017 to $9.71k in 2022.

In 2022, Zambia 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, Zambia ranked 96 in the Economic Complexity Index (ECI -0.7), and 88 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $76.5k to Zambia. The main products exported from Iceland to Zambia were Revolution Counters ($76.5k). During the last 5 years the exports of Iceland to Zambia have decreased at an annualized rate of 1.24%, from $81.4k in 2017 to $76.5k in 2022.

In 2017, Zambia exported $9.71k to Iceland. The main products exported from Zambia to Iceland were Other Fruits ($6.47k), Cut Flowers ($2.58k), and Legumes ($457). During the last 5 years the exports of Zambia to Iceland have increased at an annualized rate of 4.08%, from $7.64k in 2022 to $9.71k in 2017.

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

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

Latest Data

Trade between Iceland (Flag) and Zambia (Flag)

Iceland Exports

Date

Zambia Exports

Market Competitiveness

Color
Iceland
Top DestinationNetherlands$1.97B
Zambia
Top DestinationSwitzerland$4.5B

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

In 2022, countries that imported more from Iceland than Zambia included Netherlands ($1.97B), United Kingdom ($672M), and Germany ($573M).

In 2022, countries that imported more from Zambia than Iceland included Switzerland ($4.5B), China ($2.6B), and Democratic Republic of the Congo ($1.51B).

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

Comparative Advantage Iceland - Zambia

Flow
Scale

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

During 2022, Iceland had a large net trade with Zambia in the exports of Instruments ($76.5k).

During 2017, Zambia had a large net trade with Iceland in the exports of Vegetable Products ($9.51k), Chemical Products ($152), and Foodstuffs ($37).

Economic Complexity

Competitive Landscape

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

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

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