2022
Flag  
GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
 GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 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
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186

About

Iceland-Algeria Trade: In 2020, Iceland exported $149 to Algeria. The main products that Iceland exported to Algeria were N/A. Over the past 7 years the exports of Iceland to Algeria have decreased at an annualized rate of 65.8%, from $275k in 2013 to $149 in 2020.

In 2020, Iceland did not export any services to Algeria.

Algeria-Iceland Trade: In 2020, Algeria exported $330k to Iceland. The main products that Algeria exported to Iceland were Cement ($328k), Beauty Products ($1.03k), and Knit Women's Coats ($600). Over the past 7 years the exports of Algeria to Iceland have increased at an annualized rate of 144%,  from $3.81k in 2013 to $330k in 2020.

In 2020, Algeria 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, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Iceland exported $149 to Algeria. There were not main exports from Iceland to Algeria in 2020. During the last 7 years the exports of Iceland to Algeria have decreased at an annualized rate of 65.8%, from $275k in 2013 to $149 in 2020.

In 2017, Algeria exported $330k to Iceland. The main products exported from Algeria to Iceland were Cement ($328k), Beauty Products ($1.03k), and Knit Women's Coats ($600). During the last 5 years the exports of Algeria to Iceland have increased at an annualized rate of 144%, from $3.81k in 2022 to $330k in 2017.

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

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

Latest Data

Trade between Iceland (Flag) and Algeria (Flag)

Iceland Exports

Algeria Exports

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Algeria
Top Destination
Italy$16.9B

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

In 2022, countries that imported more from Iceland than Algeria included Norway ($459M), Poland ($367M), and Czechia ($106M).

In 2022, countries that imported more from Algeria than Iceland included Italy ($16.9B), Spain ($7.11B), and France ($6.99B).

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

Comparative Advantage Iceland - Algeria

Flow
Scale

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

During 2020, Iceland had a large net trade with Algeria in the exports of .

During 2017, Algeria had a large net trade with Iceland in the exports of Mineral Products ($328k), Textiles ($1.16k), and Chemical Products ($1.03k).

Economic Complexity

Competitive Landscape

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

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

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