2023
Flag
 GDP
$31.3BCURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP GROWTH
94.3%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC
$79,637CURRENT US$
Rnk 11 / 196
2013-2023
Flag
GDP PC GROWTH
59.9%CURRENT US$
Rnk 31 / 195

About

Syria-Iceland Trade: In 2023, Syria exported $54k to Iceland. The main products that Syria exported to Iceland were Coffee ($9.27k), Spice Seeds ($6.9k), and Mate ($4.9k). Over the past 6 years the exports of Syria to Iceland have increased at an annualized rate of 49.8%, from $4.79k in 2017 to $54k in 2023.

In 2023, Syria did not export any services to Iceland.

Iceland-Syria Trade: In 2023, Iceland exported $22.6k to Syria. The main products that Iceland exported to Syria were Fish Oil ($22.6k). Over the past 6 years the exports of Iceland to Syria have increased at an annualized rate of 87.6%,  from $972 in 2017 to $22.6k in 2023.

In 2023, Iceland did not export any services to Syria.

Comparison In 2023,  Syria ranked 155 in total exports ($1.27B). That same year, Iceland ranked 115 in total exports ($7.31B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Syria exported $54k to Iceland. The main products exported from Syria to Iceland were Coffee ($9.27k), Spice Seeds ($6.9k), and Mate ($4.9k). During the last 6 years the exports of Syria to Iceland have increased at an annualized rate of 49.8%, from $4.79k in 2017 to $54k in 2023.

In 2018, Iceland exported $22.6k to Syria. The main products exported from Iceland to Syria were Fish Oil ($22.6k). During the last 5 years the exports of Iceland to Syria have increased at an annualized rate of 87.6%, from $972 in 2023 to $22.6k in 2018.

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

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

Latest Data

Trade between Syria (Flag) and Iceland (Flag)

Iceland Exports

Market Competitiveness

Color
Syria
Top Destination
Turkey$363M
Iceland
Top Destination
Netherlands$1.97B

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

In 2023, countries that imported more from Syria than Iceland included Turkey ($363M), Saudi Arabia ($204M), and Lebanon ($131M).

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

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

Comparative Advantage Syria - Iceland

Flow
Scale

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

During 2023, Syria had a large net trade with Iceland in the exports of Vegetable Products ($27.7k), Foodstuffs ($19.8k), and Chemical Products ($2.4k).

During 2018, Iceland had a large net trade with Syria in the exports of Animal and Vegetable Bi-Products ($22.6k).

Economic Complexity

Competitive Landscape

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

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

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