Aruba (ABW) and Iceland (ISL) Trade | The Observatory of Economic Complexity

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Aruba (ABW) and Iceland (ISL) Trade

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Exports $1.72kRnk 166 / 0

2022

GDP$27.8BCURRENT US$
Rnk 107 / 186

2012-2022

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

2022

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

2012-2022

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

Image 1

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Link: https://flic.kr/p/aMvaMV

Image 2

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

Historical Data
Potential Exports
Economic Complexity

About

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

Iceland-Aruba Trade: In N/A, Iceland exported $1.72k to Aruba. The main products that Iceland exported to Aruba were N/A. Over the past N/A years the exports of Iceland to Aruba have decreased at an annualized rate of 38.5%, from $19.6k in N/A to $1.72k in N/A.

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

Comparison In 2022, Aruba ranked 194 in total exports ($123M). 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

Aruba does not register exports to Iceland.

In 2015, Iceland exported $1.72k to Aruba. There were not main exports from Iceland to Aruba in 2015. During the last 5 years the exports of Iceland to Aruba have decreased at an annualized rate of 38.5%, from $19.6k in 2020 to $1.72k in 2015.

Exports from Aruba () to Iceland () (2020)

Exports from Iceland () to Aruba () (2020)

Latest Data

Trade between Aruba () and Iceland ()

Iceland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Aruba
Top DestinationColombia$49M

Iceland
Top DestinationNetherlands$1.97B

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

In 2022, countries that imported more from Aruba than Iceland included Colombia ($49M), Jordan ($13.2M), and Guyana ($10.4M).

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

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

Comparative Advantage Aruba - Iceland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2015, Iceland had a large net trade with Aruba in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Aruba Iceland+N/AN/A

Top Product Potential Iceland Aruba+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

Year

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

Product Space of Aruba () and Iceland () (2020)

Keep Exploring

Aruba
Ireland
Aruba
Italy
Anguilla
Iceland
Netherlands Antilles
Iceland

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