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2022
Flag → Flag
Exports $54.5kRnk 46 / 0
2022
Flag → Flag
Exports $29.6kRnk 73 / 107
2022
Flag → Flag
Top Product $29.6kSawn Wood
2023
Flag
Economic Complexity (ECI) ECI -1.73Rnk 128 / 132
2023
Flag  
GDP$31.3BCURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP GROWTH94.3%CURRENT US$
Rnk 17 / 195
2023
Flag
 GDP$15.3BCURRENT US$
Rnk 136 / 195
2013-2023
Flag
GDP GROWTH-14.7%CURRENT US$
Rnk 186 / 195
2023
Flag
GDP PC $79,637CURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP PC GROWTH59.9%CURRENT US$
Rnk 31 / 195
2023
Flag
GDP PC$2,478CURRENT US$
Rnk 149 / 196
2013-2023
Flag
GDP PC GROWTH-33%CURRENT US$
Rnk 188 / 195

About

Iceland-Republic of the Congo Trade: In 2022, Iceland exported $54.5k to Republic of the Congo. The main products that Iceland exported to Republic of the Congo were N/A. Over the past 7 years the exports of Iceland to Republic of the Congo have decreased at an annualized rate of 65.4%, from $91.6M in 2015 to $54.5k in 2022.

In 2022, Iceland did not export any services to Republic of the Congo.

Republic of the Congo-Iceland Trade: In 2022, Republic of the Congo exported $29.6k to Iceland. The main products that Republic of the Congo exported to Iceland were Sawn Wood ($29.6k). Over the past 7 years the exports of Republic of the Congo to Iceland have increased at an annualized rate of 4.63%,  from $13.7k in 2015 to $29.6k in 2022.

In 2022, Republic of the Congo did not export any services to Iceland.

Comparison In 2023,  Iceland ranked 115 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. That same year, Republic of the Congo ranked 128 in the Economic Complexity Index (ECI -1.73), and 96 in total exports ($11.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $54.5k to Republic of the Congo. There were not main exports from Iceland to Republic of the Congo in 2022. During the last 7 years the exports of Iceland to Republic of the Congo have decreased at an annualized rate of 65.4%, from $91.6M in 2015 to $54.5k in 2022.

In 2018, Republic of the Congo exported $29.6k to Iceland. The main products exported from Republic of the Congo to Iceland were Sawn Wood ($29.6k). During the last 5 years the exports of Republic of the Congo to Iceland have increased at an annualized rate of 4.63%, from $13.7k in 2023 to $29.6k in 2018.

Exports from Iceland (Flag) to Republic of the Congo (Flag) (2023)

Exports from Republic of the Congo (Flag) to Iceland (Flag) (2023)

Latest Data

Trade between Iceland (Flag) and Republic of the Congo (Flag)

Iceland Exports

Date

Market Competitiveness

Color
Iceland
Top DestinationNetherlands$1.97B
Republic of the Congo
Top DestinationChina$5.45B

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

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

In 2023, countries that imported more from Republic of the Congo than Iceland included China ($5.45B), United Arab Emirates ($2.7B), and India ($658M).

Difference in imports from Republic of the Congo (Flag) and Iceland (Flag) (2023)

Comparative Advantage Iceland - Republic of the Congo

Flow
Scale

This chart compares trade between Iceland and Republic of the Congo by product, considering products traded by both, Iceland and Republic of the Congo.

During 2022, Iceland had a large net trade with Republic of the Congo in the exports of .

During 2018, Republic of the Congo had a large net trade with Iceland in the exports of Wood Products ($29.6k).

Economic Complexity

Competitive Landscape

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

Product Space of Iceland (Flag) and Republic of the Congo (Flag) (2023)

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