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2023
Flag → Flag
Exports $1.26MRnk 102 / 150
2023
Flag → Flag
Top Product $594kRaw Aluminium
2023
Flag → Flag
Exports $732kRnk 84 / 157
2023
Flag → Flag
Top Product $391kRefined Petroleum
2023
Flag  
GDP$46.1BCURRENT US$
Rnk 94 / 195
2013-2023
Flag
GDP GROWTH36.2%CURRENT US$
Rnk 100 / 195
2023
Flag
 GDP$31.3BCURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP GROWTH94.3%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC $29,219CURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP PC GROWTH8.26%CURRENT US$
Rnk 140 / 195
2023
Flag
GDP PC$79,637CURRENT US$
Rnk 11 / 196
2013-2023
Flag
GDP PC GROWTH59.9%CURRENT US$
Rnk 31 / 195

About

Bahrain-Iceland Trade: In 2023, Bahrain exported $1.26M to Iceland. The main products that Bahrain exported to Iceland were Raw Aluminium ($594k), Electrical Control Boards ($524k), and Aluminium Plating ($57.9k). Over the past 5 years the exports of Bahrain to Iceland have increased at an annualized rate of 52.8%, from $152k in 2018 to $1.26M in 2023.

In 2023, Bahrain did not export any services to Iceland.

Iceland-Bahrain Trade: In 2023, Iceland exported $732k to Bahrain. The main products that Iceland exported to Bahrain were Refined Petroleum ($391k), Stone Processing Machines ($188k), and Magnesium ($84.8k). Over the past 5 years the exports of Iceland to Bahrain have increased at an annualized rate of 5.55%,  from $450k in 2018 to $732k in 2023.

In 2023, Iceland did not export any services to Bahrain.

Comparison In 2023,  Bahrain ranked 81 in total exports ($19.9B). That same year, Iceland ranked 115 in total exports ($7.31B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bahrain exported $1.26M to Iceland. The main products exported from Bahrain to Iceland were Raw Aluminium ($594k), Electrical Control Boards ($524k), and Aluminium Plating ($57.9k). During the last 5 years the exports of Bahrain to Iceland have increased at an annualized rate of 52.8%, from $152k in 2018 to $1.26M in 2023.

In 2018, Iceland exported $732k to Bahrain. The main products exported from Iceland to Bahrain were Refined Petroleum ($391k), Stone Processing Machines ($188k), and Magnesium ($84.8k). During the last 5 years the exports of Iceland to Bahrain have increased at an annualized rate of 5.55%, from $450k in 2023 to $732k in 2018.

Exports from Bahrain (Flag) to Iceland (Flag) (2023)

Exports from Iceland (Flag) to Bahrain (Flag) (2023)

Latest Data

Trade between Bahrain (Flag) and Iceland (Flag)

Bahrain Exports

Date

Iceland Exports

Market Competitiveness

Color
Bahrain
Top DestinationUnited Arab Emirates$3.12B
Iceland
Top DestinationNetherlands$1.97B

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

In 2023, countries that imported more from Bahrain than Iceland included United Arab Emirates ($3.12B), Saudi Arabia ($2.96B), and South Africa ($1.52B).

In 2023, countries that imported more from Iceland than Bahrain included Netherlands ($1.97B), Germany ($771M), and Norway ($444M).

Difference in imports from Iceland (Flag) and Bahrain (Flag) (2023)

Comparative Advantage Bahrain - Iceland

Flow
Scale

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

During 2023, Bahrain had a large net trade with Iceland in the exports of Metals ($716k), Machines ($524k), and Instruments ($12.1k).

During 2018, Iceland had a large net trade with Bahrain in the exports of Mineral Products ($391k), Machines ($211k), and Metals ($84.8k).

Economic Complexity

Competitive Landscape

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

Product Space of Bahrain (Flag) and Iceland (Flag) (2023)

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