2023
Flag  
GDP
$31.3BCURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP GROWTH
94.3%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC 
$79,637CURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP PC GROWTH
59.9%CURRENT US$
Rnk 31 / 195

About

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

Eritrea-Iceland In N/A, Eritrea did not export any products to Iceland.

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

Comparison In 2023,  Iceland ranked 115 in total exports ($7.31B). That same year, Eritrea ranked 169 in total exports ($529M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value
Year

Iceland does not register exports to Eritrea.

Eritrea does not register exports to Iceland.

Exports from Iceland (Flag) to Eritrea (Flag) (2007)

Exports from Eritrea (Flag) to Iceland (Flag) (2007)

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Eritrea
Top Destination
China$355M

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

In 2023, countries that imported more from Iceland than Eritrea included Netherlands ($1.97B), Germany ($771M), and United States ($735M).

In 2023, countries that imported more from Eritrea than Iceland included China ($355M), United Arab Emirates ($137M), and Philippines ($23.8M).

Difference in imports from Eritrea (Flag) and Iceland (Flag) (2023)

Comparative Advantage Iceland - Eritrea

Flow
Scale
Year

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

Economic Complexity

Competitive Landscape

Year

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

Product Space of Iceland (Flag) and Eritrea (Flag) (2007)

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