2023
Flag  
GDP
$31.3BCURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP GROWTH
94.3%CURRENT US$
Rnk 17 / 195
2023
Flag
 GDP
$5.44BCURRENT US$
Rnk 159 / 195
2013-2023
Flag
GDP GROWTH
29.9%CURRENT US$
Rnk 116 / 195
2023
Flag
GDP PC 
$79,637CURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP PC GROWTH
59.9%CURRENT US$
Rnk 31 / 195
2023
Flag
GDP PC
$5,889CURRENT US$
Rnk 115 / 196
2013-2023
Flag
GDP PC GROWTH
28.8%CURRENT US$
Rnk 80 / 195

About

Iceland-Fiji Trade: In 2023, Iceland exported $23k to Fiji. The main products that Iceland exported to Fiji were Broadcasting Equipment ($17.2k) and Hard Liquor ($5.81k). Over the past 5 years the exports of Iceland to Fiji have increased at an annualized rate of 10.1%, from $14.3k in 2018 to $23k in 2023.

In 2023, Iceland did not export any services to Fiji.

Fiji-Iceland Trade: In 2023, Fiji exported $641 to Iceland. The main products that Fiji exported to Iceland were Live Fish ($449) and Processed Crustaceans ($192). Over the past 5 years the exports of Fiji to Iceland have decreased at an annualized rate of 44.4%,  from $12.1k in 2018 to $641 in 2023.

In 2023, Fiji did not export any services to Iceland.

Comparison In 2023,  Iceland ranked 115 in total exports ($7.31B). That same year, Fiji ranked 157 in total exports ($1.15B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Iceland exported $23k to Fiji. The main products exported from Iceland to Fiji were Broadcasting Equipment ($17.2k) and Hard Liquor ($5.81k). During the last 5 years the exports of Iceland to Fiji have increased at an annualized rate of 10.1%, from $14.3k in 2018 to $23k in 2023.

In 2018, Fiji exported $641 to Iceland. The main products exported from Fiji to Iceland were Live Fish ($449) and Processed Crustaceans ($192). During the last 5 years the exports of Fiji to Iceland have decreased at an annualized rate of 44.4%, from $12.1k in 2023 to $641 in 2018.

Exports from Iceland (Flag) to Fiji (Flag) (2023)

Exports from Fiji (Flag) to Iceland (Flag) (2023)

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$366M

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 2023, countries that imported more from Iceland than Fiji included Netherlands ($1.97B), Germany ($771M), and United Kingdom ($607M).

In 2023, countries that imported more from Fiji than Iceland included Australia ($140M), Tonga ($72.6M), and New Zealand ($68.7M).

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

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 2023, Iceland had a large net trade with Fiji in the exports of Machines ($17.2k) and Foodstuffs ($5.81k).

During 2018, Fiji had a large net trade with Iceland in the exports of Animal Products ($449) and Foodstuffs ($192).

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) (2023)

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