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2022
Flag → Flag
Exports $673kRnk 108 / 158
2022
Flag → Flag
Top Product $500kRaw Aluminium
2022
Flag → Flag
Exports $224kRnk 100 / 160
2022
Flag → Flag
Top Product $51kWater
2022
Flag  
GDP$44.4BCURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP GROWTH44.4%CURRENT US$
Rnk 77 / 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 $30,152CURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP PC GROWTH20.1%CURRENT US$
Rnk 88 / 186
2022
Flag
GDP PC$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186

About

Bahrain-Iceland Trade: In 2022, Bahrain exported $673k to Iceland. The main products that Bahrain exported to Iceland were Raw Aluminium ($500k), Aluminium Plating ($122k), and Motor vehicles; parts and accessories (8701 to 8705) ($21k). Over the past 5 years the exports of Bahrain to Iceland have increased at an annualized rate of 133%, from $9.73k in 2017 to $673k in 2022.

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

Iceland-Bahrain Trade: In 2022, Iceland exported $224k to Bahrain. The main products that Iceland exported to Bahrain were Water ($51k), Machinery Having Individual Functions ($45.2k), and Tobacco Processing Machines ($40.5k). Over the past 5 years the exports of Iceland to Bahrain have increased at an annualized rate of 5.52%,  from $171k in 2017 to $224k in 2022.

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

Comparison In 2022,  Bahrain ranked 77 in total exports ($20.7B). 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
Value

In 2022, Bahrain exported $673k to Iceland. The main products exported from Bahrain to Iceland were Raw Aluminium ($500k), Aluminium Plating ($122k), and Motor vehicles; parts and accessories (8701 to 8705) ($21k). During the last 5 years the exports of Bahrain to Iceland have increased at an annualized rate of 133%, from $9.73k in 2017 to $673k in 2022.

In 2017, Iceland exported $224k to Bahrain. The main products exported from Iceland to Bahrain were Water ($51k), Machinery Having Individual Functions ($45.2k), and Tobacco Processing Machines ($40.5k). During the last 5 years the exports of Iceland to Bahrain have increased at an annualized rate of 5.52%, from $171k in 2022 to $224k in 2017.

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

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

Latest Data

Trade between Bahrain (Flag) and Iceland (Flag)

Bahrain Exports

Date

Iceland Exports

Market Competitiveness

Color
Bahrain
Top DestinationSaudi Arabia$3.03B
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 2022, countries that imported more from Bahrain than Iceland included Saudi Arabia ($3.03B), United Arab Emirates ($2.07B), and United States ($1.83B).

In 2022, countries that imported more from Iceland than Bahrain included Netherlands ($1.97B), Germany ($573M), and Norway ($459M).

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

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 2022, Bahrain had a large net trade with Iceland in the exports of Metals ($622k), Transportation ($21k), and Instruments ($14.2k).

During 2017, Iceland had a large net trade with Bahrain in the exports of Machines ($149k), Foodstuffs ($68.1k), and Transportation ($3.7k).

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) (2022)

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