2022
Flag  
GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
 GDP
$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH
-17.4%CURRENT US$
Rnk 178 / 186
2022
Flag
GDP PC 
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186
2022
Flag
GDP PC
$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH
-34.8%CURRENT US$
Rnk 180 / 186

About

Iceland-Republic of the Congo Trade: In 2021, Iceland exported $3.46k 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 82.6%, from $725M in 2014 to $3.46k in 2021.

In 2021, Iceland did not export any services to Republic of the Congo.

Republic of the Congo-Iceland In N/A, Republic of the Congo did not export any products to Iceland.

In 2021, Republic of the Congo 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, Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Iceland exported $3.46k to Republic of the Congo. There were not main exports from Iceland to Republic of the Congo in 2021. During the last 7 years the exports of Iceland to Republic of the Congo have decreased at an annualized rate of 82.6%, from $725M in 2014 to $3.46k in 2021.

Republic of the Congo does not register exports to Iceland. The main products exported from Republic of the Congo to Iceland were Sawn Wood ($45.5k) and Metal Mountings ($62).

Exports from Iceland (Flag) to Republic of the Congo (Flag) (2022)

Exports from Republic of the Congo (Flag) to Iceland (Flag) (2022)

Latest Data

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

Iceland Exports

Date

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Republic of the Congo
Top Destination
China$4.82B

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

In 2022, countries that imported more from Republic of the Congo than Iceland included China ($4.82B), India ($2.44B), and United Arab Emirates ($1.87B).

Difference in imports from Republic of the Congo (Flag) and Iceland (Flag) (2022)

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 2021, Iceland had a large net trade with Republic of the Congo in the exports of .

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) (2022)

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