2022
Flag
 GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186

About

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

Iceland-Gibraltar Trade: In N/A, Iceland exported $724k to Gibraltar. The main products that Iceland exported to Gibraltar were Refined Petroleum ($719k), Revenue Stamps ($5.09k), and Other Headwear ($22). Over the past N/A years the exports of Iceland to Gibraltar have decreased at an annualized rate of 8.04%,  from $1.1M in N/A to $724k in N/A.

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

Comparison In 2022,  Gibraltar ranked 173 in total exports ($411M). 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

Gibraltar does not register exports to Iceland.

In 2017, Iceland exported $724k to Gibraltar. The main products exported from Iceland to Gibraltar were Refined Petroleum ($719k), Revenue Stamps ($5.09k), and Other Headwear ($22). During the last 5 years the exports of Iceland to Gibraltar have decreased at an annualized rate of 8.04%, from $1.1M in 2022 to $724k in 2017.

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

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

Latest Data

Trade between Gibraltar (Flag) and Iceland (Flag)

Iceland Exports

Market Competitiveness

Color
Gibraltar
Top Destination
Ireland$81.4M
Iceland
Top Destination
Netherlands$1.97B

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

In 2022, countries that imported more from Gibraltar than Iceland included India ($72.9M), Ireland ($81.4M), and Brazil ($49M).

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

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

Comparative Advantage Gibraltar - Iceland

Flow
Scale

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

During 2017, Iceland had a large net trade with Gibraltar in the exports of Mineral Products ($719k), Arts and Antiques ($5.09k), and Footwear and Headwear ($22).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with