2022
Flag  
GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
 GDP
$21.1BCURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP GROWTH
22.7%CURRENT US$
Rnk 114 / 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
$8,820CURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP PC GROWTH
-5.65%CURRENT US$
Rnk 156 / 186

About

Iceland-Gabon Trade: In 2022, Iceland exported $231k to Gabon. The main products that Iceland exported to Gabon were Processed Crustaceans ($133k) and Sheep and Goat Meat ($97.7k). Over the past 5 years the exports of Iceland to Gabon have decreased at an annualized rate of 17.9%, from $620k in 2017 to $231k in 2022.

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

Gabon-Iceland Trade: In 2022, Gabon exported $2.97k to Iceland. The main products that Gabon exported to Iceland were N/A. Over the past 5 years the exports of Gabon to Iceland have increased at an annualized rate of 20.2%,  from $1.18k in 2017 to $2.97k in 2022.

In 2022, Gabon 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, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $231k to Gabon. The main products exported from Iceland to Gabon were Processed Crustaceans ($133k) and Sheep and Goat Meat ($97.7k). During the last 5 years the exports of Iceland to Gabon have decreased at an annualized rate of 17.9%, from $620k in 2017 to $231k in 2022.

In 2016, Gabon exported $2.97k to Iceland. There were not main exports from Gabon to Iceland in 2016. During the last 5 years the exports of Gabon to Iceland have increased at an annualized rate of 20.2%, from $1.18k in 2021 to $2.97k in 2016.

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

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

Latest Data

Trade between Iceland (Flag) and Gabon (Flag)

Iceland Exports

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Gabon
Top Destination
China$3.4B

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

In 2022, countries that imported more from Iceland than Gabon included Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

In 2022, countries that imported more from Gabon than Iceland included China ($3.4B), South Korea ($617M), and Italy ($576M).

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

Comparative Advantage Iceland - Gabon

Flow
Scale

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

During 2022, Iceland had a large net trade with Gabon in the exports of Foodstuffs ($133k) and Animal Products ($97.7k).

During 2016, Gabon had a large net trade with Iceland in the exports of .

Economic Complexity

Competitive Landscape

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

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

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