Vanuatu (VUT) and Iceland (ISL) Trade | The Observatory of Economic Complexity

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Pricing

Vanuatu (VUT) and Iceland (ISL) Trade

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Exports $19.1kRnk 62 / 0

2022

GDP$984MCURRENT US$
Rnk 176 / 186

2012-2022

GDP GROWTH31.5%CURRENT US$
Rnk 95 / 186

2022

GDP$27.8BCURRENT US$
Rnk 107 / 186

2012-2022

GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186

2022

GDP PC $3,010CURRENT US$
Rnk 134 / 186

2012-2022

GDP PC GROWTH3.58%CURRENT US$
Rnk 133 / 186

2022

GDP PC$72,903CURRENT US$
Rnk 9 / 186

2012-2022

GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186

Image 1

Image by gérard
Link: https://flic.kr/p/21Cyd3P

Image 2

Image by Rachel D
Link: https://flic.kr/p/cwN88f

Historical Data
Economic Complexity

About

In N/A, Vanuatu did not export any services to Iceland.

Iceland-Vanuatu Trade: In N/A, Iceland exported $19.1k to Vanuatu. The main products that Iceland exported to Vanuatu were N/A. Over the past N/A years the exports of Iceland to Vanuatu have increased at an annualized rate of 251%, from $36 in N/A to $19.1k in N/A.

In N/A, Iceland did not export any services to Vanuatu.

Comparison In 2022, Vanuatu ranked 186 in total exports ($205M). That same year, Iceland ranked 116 in total exports ($7.31B). 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

Vanuatu does not register exports to Iceland.

In 2009, Iceland exported $19.1k to Vanuatu. There were not main exports from Iceland to Vanuatu in 2009. During the last 5 years the exports of Iceland to Vanuatu have increased at an annualized rate of 251%, from $36 in 2014 to $19.1k in 2009.

Exports from Vanuatu () to Iceland () (2014)

Exports from Iceland () to Vanuatu () (2014)

Latest Data

Trade between Vanuatu () and Iceland ()

Iceland Exports

Date

Jun 2020

Jul 2014

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vanuatu
Top DestinationThailand$86.1M

Iceland
Top DestinationNetherlands$1.97B

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

In 2022, countries that imported more from Vanuatu than Iceland included Thailand ($86.1M), Philippines ($12.9M), and Fiji ($6.36M).

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

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

Comparative Advantage Vanuatu - Iceland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2009, Iceland had a large net trade with Vanuatu in the exports of .

Economic Complexity

Competitive Landscape

Year

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

Product Space of Vanuatu () and Iceland () (2014)

Keep Exploring

Vanuatu
Ireland
Vanuatu
Italy
Tuvalu
Iceland
Wallis and Futuna
Iceland

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