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2022
Flag → Flag
Exports $320Rnk 157 / 160
2022
Flag → Flag
Top Product $320Rubber Footwear
2022
Flag → Flag
Exports $5.06kRnk 84 / 129
2022
Flag → Flag
Top Product $1.5kNon-Knit Women's Coats
2022
Flag
Economic Complexity (ECI) ECI -0.59Rnk 91 / 133
2022
Flag  
GDP$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
 GDP$20.4BCURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP GROWTH46.3%CURRENT US$
Rnk 73 / 186
2022
Flag
GDP PC $72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186
2022
Flag
GDP PC$7,738CURRENT US$
Rnk 86 / 186
2012-2022
Flag
GDP PC GROWTH21%CURRENT US$
Rnk 82 / 186

About

Iceland-Botswana Trade: In 2022, Iceland exported $320 to Botswana. The main products that Iceland exported to Botswana were Rubber Footwear ($320). Over the past 5 years the exports of Iceland to Botswana have decreased at an annualized rate of 72%, from $186k in 2017 to $320 in 2022.

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

Botswana-Iceland Trade: In 2022, Botswana exported $5.06k to Iceland. The main products that Botswana exported to Iceland were Non-Knit Women's Coats ($1.5k), Knit Women's Suits ($1.49k), and Non-Knit Women's Suits ($971). Over the past 5 years the exports of Botswana to Iceland have increased at an annualized rate of 133%,  from $74 in 2017 to $5.06k in 2022.

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

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. That same year, Botswana ranked 91 in the Economic Complexity Index (ECI -0.59), and 107 in total exports ($8.65B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $320 to Botswana. The main products exported from Iceland to Botswana were Rubber Footwear ($320). During the last 5 years the exports of Iceland to Botswana have decreased at an annualized rate of 72%, from $186k in 2017 to $320 in 2022.

In 2017, Botswana exported $5.06k to Iceland. The main products exported from Botswana to Iceland were Non-Knit Women's Coats ($1.5k), Knit Women's Suits ($1.49k), and Non-Knit Women's Suits ($971). During the last 5 years the exports of Botswana to Iceland have increased at an annualized rate of 133%, from $74 in 2022 to $5.06k in 2017.

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

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

Latest Data

Trade between Iceland (Flag) and Botswana (Flag)

Iceland Exports

Date

Botswana Exports

Date

Market Competitiveness

Color
Iceland
Top DestinationNetherlands$1.97B
Botswana
Top DestinationUnited Arab Emirates$2.31B

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

In 2022, countries that imported more from Iceland than Botswana included Netherlands ($1.97B), United Kingdom ($672M), and Germany ($573M).

In 2022, countries that imported more from Botswana than Iceland included United Arab Emirates ($2.31B), Belgium ($1.55B), and India ($1.28B).

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

Comparative Advantage Iceland - Botswana

Flow
Scale

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

During 2022, Iceland had a large net trade with Botswana in the exports of Footwear and Headwear ($320).

During 2017, Botswana had a large net trade with Iceland in the exports of Textiles ($5.06k) and Paper Goods ($2).

Economic Complexity

Competitive Landscape

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

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

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