Burundi (BDI) and Iceland (ISL) Trade | The Observatory of Economic Complexity

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Burundi-Iceland Trade: In 2022, Burundi exported $847 to Iceland. The main products that Burundi exported to Iceland were Coffee ($451) and Knitted Hats ($396). Over the past 24 years the exports of Burundi to Iceland have decreased at an annualized rate of 4.26%, from $2.41k in 1998 to $847 in 2022.

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

Iceland-Burundi In N/A, Iceland did not export any products to Burundi.

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

Comparison In 2022, Burundi ranked 190 in total exports ($187M). 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

In 2022, Burundi exported $847 to Iceland. The main products exported from Burundi to Iceland were Coffee ($451) and Knitted Hats ($396). During the last 24 years the exports of Burundi to Iceland have decreased at an annualized rate of 4.26%, from $2.41k in 1998 to $847 in 2022.

Iceland does not register exports to Burundi. The main products exported from Iceland to Burundi were Trailers and semi-trailers, not mechanically propelled vehicles ($13.5k) and Natural Polymers ($9.81k).

Exports from Burundi () to Iceland () (2022)

Exports from Iceland () to Burundi () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Burundi
Top DestinationUnited Arab Emirates$59.9M

Iceland
Top DestinationNetherlands$1.97B

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

In 2022, countries that imported more from Burundi than Iceland included United Arab Emirates ($59.9M), Democratic Republic of the Congo ($25.7M), and Sudan ($9.21M).

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

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

Comparative Advantage Burundi - Iceland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Burundi had a large net trade with Iceland in the exports of Vegetable Products ($451) and Footwear and Headwear ($396).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Burundi () to Iceland () (2022)

Exports from Iceland () to Burundi () (2022)

Market Competitiveness

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

Comparative Advantage Burundi - Iceland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Burundi () and Iceland () (2022)

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