2022
Flag  
GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
 GDP
$4.94BCURRENT US$
Rnk 153 / 186
2012-2022
Flag
GDP GROWTH
24.5%CURRENT US$
Rnk 112 / 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
$5,317CURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP PC GROWTH
21.9%CURRENT US$
Rnk 79 / 186

About

Iceland-Fiji Trade: In 2022, Iceland exported $4.39k to Fiji. The main products that Iceland exported to Fiji were Hard Liquor ($2.56k), Other Hand Tools ($507), and Iron Fasteners ($500). Over the past 5 years the exports of Iceland to Fiji have decreased at an annualized rate of 19.1%, from $12.7k in 2017 to $4.39k in 2022.

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

Fiji-Iceland Trade: In 2022, Fiji exported $5.65k to Iceland. The main products that Fiji exported to Iceland were Other Non-Knit Clothing Accessories ($3.32k), Knit Men's Shirts ($1.62k), and Knit Socks and Hosiery ($631). Over the past 5 years the exports of Fiji to Iceland have decreased at an annualized rate of 5.93%,  from $7.67k in 2017 to $5.65k in 2022.

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

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B). That same year, Fiji ranked 155 in total exports ($1.3B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $4.39k to Fiji. The main products exported from Iceland to Fiji were Hard Liquor ($2.56k), Other Hand Tools ($507), and Iron Fasteners ($500). During the last 5 years the exports of Iceland to Fiji have decreased at an annualized rate of 19.1%, from $12.7k in 2017 to $4.39k in 2022.

In 2017, Fiji exported $5.65k to Iceland. The main products exported from Fiji to Iceland were Other Non-Knit Clothing Accessories ($3.32k), Knit Men's Shirts ($1.62k), and Knit Socks and Hosiery ($631). During the last 5 years the exports of Fiji to Iceland have decreased at an annualized rate of 5.93%, from $7.67k in 2022 to $5.65k in 2017.

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

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

Latest Data

Trade between Iceland (Flag) and Fiji (Flag)

Iceland Exports

Date

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Fiji
Top Destination
United States$511M

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

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

In 2022, countries that imported more from Fiji than Iceland included Australia ($142M), Tonga ($71M), and New Zealand ($68.5M).

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

Comparative Advantage Iceland - Fiji

Flow
Scale

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

During 2022, Iceland had a large net trade with Fiji in the exports of Foodstuffs ($2.56k), Metals ($1.01k), and Machines ($284).

During 2017, Fiji had a large net trade with Iceland in the exports of Textiles ($5.57k) and Precious Metals ($79).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with