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

Iceland-Guam Trade: In 2023, Iceland exported $271 to Guam. The main products that Iceland exported to Guam were Knit Men's Suits ($186), Knit Sweaters ($59), and Brochures ($26). Over the past 10 years the exports of Iceland to Guam have decreased at an annualized rate of 8.86%, from $685 in 2013 to $271 in 2023.

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

Guam-Iceland Trade: In 2023, Guam exported $2.59k to Iceland. The main products that Guam exported to Iceland were N/A. Over the past 10 years the exports of Guam to Iceland have decreased at an annualized rate of 32.9%,  from $19k in 2013 to $2.59k in 2023.

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

Comparison In 2023,  Iceland ranked 115 in total exports ($7.31B). That same year, Guam ranked 216 in total exports ($13M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Iceland exported $271 to Guam. The main products exported from Iceland to Guam were Knit Men's Suits ($186), Knit Sweaters ($59), and Brochures ($26). During the last 10 years the exports of Iceland to Guam have decreased at an annualized rate of 8.86%, from $685 in 2013 to $271 in 2023.

In 2004, Guam exported $2.59k to Iceland. There were not main exports from Guam to Iceland in 2004. During the last 5 years the exports of Guam to Iceland have decreased at an annualized rate of 32.9%, from $19k in 2009 to $2.59k in 2004.

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

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

Latest Data

Trade between Iceland (Flag) and Guam (Flag)

Iceland Exports

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Guam
Top Destination
Chinese Taipei$5.53M

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

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

In 2023, countries that imported more from Guam than Iceland included Philippines ($1.47M), Samoa ($59.8k), and Fiji ($58.5k).

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

Comparative Advantage Iceland - Guam

Flow
Scale

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

During 2023, Iceland had a large net trade with Guam in the exports of Textiles ($245) and Paper Goods ($26).

During 2004, Guam 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 Guam. This means that a dot/product with the flag of Iceland indicates it has a comparative advantage over Guam. Similarly, a dot/product with the flag of Guam indicates it has a comparative advantage over Iceland.

Product Space of Iceland (Flag) and Guam (Flag) (2023)

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