2022
Flag  
GDP
$46.7BCURRENT US$
Rnk 90 / 186
2012-2022
Flag
GDP GROWTH
-1.37%CURRENT US$
Rnk 167 / 186
2022
Flag
 GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC 
$3,777CURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP PC GROWTH
-10.8%CURRENT US$
Rnk 164 / 186
2022
Flag
GDP PC
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186

About

Tunisia-Iceland Trade: 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). Over the past 5 years the exports of Tunisia to Iceland have increased at an annualized rate of 16.9%, from $4.97M in 2017 to $10.9M in 2022.

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

Iceland-Tunisia Trade: In 2022, Iceland exported $3.78M to Tunisia. The main products that Iceland exported to Tunisia were Cheese ($2.59M), Integrated Circuits ($530k), and Printed Circuit Boards ($246k). Over the past 5 years the exports of Iceland to Tunisia have increased at an annualized rate of 40.6%,  from $687k in 2017 to $3.78M in 2022.

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

Comparison In 2022,  Tunisia ranked 54 in the Economic Complexity Index (ECI 0.2),  and 76 in total exports ($21.6B). That same year, Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

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 5 years the exports of Tunisia to Iceland have increased at an annualized rate of 16.9%, from $4.97M in 2017 to $10.9M in 2022.

In 2017, 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 5 years the exports of Iceland to Tunisia have increased at an annualized rate of 40.6%, from $687k in 2022 to $3.78M in 2017.

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

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

Latest Data

Trade between Tunisia (Flag) and Iceland (Flag)

Tunisia Exports

Iceland Exports

Market Competitiveness

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

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

In 2022, countries that imported more from Tunisia than Iceland included France ($4.8B), Italy ($3.45B), and Germany ($3.01B).

In 2022, countries that imported more from Iceland than Tunisia included Netherlands ($1.97B), Norway ($459M), and Denmark ($257M).

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

Comparative Advantage Tunisia - Iceland

Flow
Scale

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

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).

During 2017, Iceland had a large net trade with Tunisia in the exports of Animal Products ($2.59M), Machines ($960k), and Metals ($155k).

Economic Complexity

Competitive Landscape

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

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

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