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Pricing

2022
Flag → Flag
Exports $36.3kRnk 105 / 150
2022
Flag → Flag
Top Product $19.9kValves
2022
Flag → Flag
Exports $120kRnk 111 / 160
2022
Flag → Flag
Top Product $34.6kElectrical Transformers
2022
Flag
Economic Complexity (ECI) ECI -1.55Rnk 126 / 133
2022
Flag  
GDP$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
 GDP$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC $2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH-39.6%CURRENT US$
Rnk 182 / 186
2022
Flag
GDP PC$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186

About

Angola-Iceland Trade: In 2022, Angola exported $36.3k to Iceland. The main products that Angola exported to Iceland were Valves ($19.9k), Liquid Pumps ($14.7k), and Flavored Water ($402). Over the past 10 years the exports of Angola to Iceland have decreased at an annualized rate of 45.9%, from $16.8M in 2012 to $36.3k in 2022.

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

Iceland-Angola Trade: In 2022, Iceland exported $120k to Angola. The main products that Iceland exported to Angola were Electrical Transformers ($34.6k), Packaged Medicaments ($18.6k), and Valves ($16.2k). Over the past 10 years the exports of Iceland to Angola have increased at an annualized rate of 4.48%,  from $96.8k in 2012 to $120k in 2022.

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

Comparison In 2022,  Angola ranked 126 in the Economic Complexity Index (ECI -1.55),  and 58 in total exports ($54.1B). 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, Angola exported $36.3k to Iceland. The main products exported from Angola to Iceland were Valves ($19.9k), Liquid Pumps ($14.7k), and Flavored Water ($402). During the last 10 years the exports of Angola to Iceland have decreased at an annualized rate of 45.9%, from $16.8M in 2012 to $36.3k in 2022.

In 2017, Iceland exported $120k to Angola. The main products exported from Iceland to Angola were Electrical Transformers ($34.6k), Packaged Medicaments ($18.6k), and Valves ($16.2k). During the last 5 years the exports of Iceland to Angola have increased at an annualized rate of 4.48%, from $96.8k in 2022 to $120k in 2017.

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

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

Latest Data

Trade between Angola (Flag) and Iceland (Flag)

Angola Exports

Iceland Exports

Market Competitiveness

Color
Angola
Top DestinationChina$21.8B
Iceland
Top DestinationNetherlands$1.97B

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

In 2022, countries that imported more from Angola than Iceland included China ($21.8B), India ($4.81B), and United Arab Emirates ($3.63B).

In 2022, countries that imported more from Iceland than Angola included Germany ($573M), Norway ($459M), and Poland ($367M).

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

Comparative Advantage Angola - Iceland

Flow
Scale

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

During 2022, Angola had a large net trade with Iceland in the exports of Machines ($34.6k), Foodstuffs ($1.11k), and Vegetable Products ($383).

During 2017, Iceland had a large net trade with Angola in the exports of Machines ($76.3k), Chemical Products ($19.4k), and Textiles ($15k).

Economic Complexity

Competitive Landscape

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

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

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