2023
Flag  
GDP
$31.3BCURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP GROWTH
94.3%CURRENT US$
Rnk 17 / 195
2023
Flag
 GDP
$51BCURRENT US$
Rnk 90 / 195
2013-2023
Flag
GDP GROWTH
47.9%CURRENT US$
Rnk 78 / 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
$4,456CURRENT US$
Rnk 126 / 196
2013-2023
Flag
GDP PC GROWTH
3.35%CURRENT US$
Rnk 148 / 195

About

Iceland-Jordan Trade: In 2023, Iceland exported $87.8k to Jordan. The main products that Iceland exported to Jordan were Refined Petroleum ($27k), Orthopedic Appliances ($24.8k), and Salt ($15.5k). Over the past 5 years the exports of Iceland to Jordan have decreased at an annualized rate of 34.6%, from $734k in 2018 to $87.8k in 2023.

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

Jordan-Iceland Trade: In 2023, Jordan exported $590k to Iceland. The main products that Jordan exported to Iceland were Knit T-shirts ($129k), Refined Petroleum ($120k), and Knit Women's Suits ($82.6k). Over the past 5 years the exports of Jordan to Iceland have decreased at an annualized rate of 0.12%,  from $593k in 2018 to $590k in 2023.

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

Comparison In 2023,  Iceland ranked 115 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. That same year, Jordan ranked 64 in the Economic Complexity Index (ECI -0.015), and 88 in total exports ($14.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Iceland exported $87.8k to Jordan. The main products exported from Iceland to Jordan were Refined Petroleum ($27k), Orthopedic Appliances ($24.8k), and Salt ($15.5k). During the last 5 years the exports of Iceland to Jordan have decreased at an annualized rate of 34.6%, from $734k in 2018 to $87.8k in 2023.

In 2018, Jordan exported $590k to Iceland. The main products exported from Jordan to Iceland were Knit T-shirts ($129k), Refined Petroleum ($120k), and Knit Women's Suits ($82.6k). During the last 5 years the exports of Jordan to Iceland have decreased at an annualized rate of 0.12%, from $593k in 2023 to $590k in 2018.

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

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

Latest Data

Trade between Iceland (Flag) and Jordan (Flag)

Iceland Exports

Jordan Exports

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Jordan
Top Destination
United States$3.14B

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

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

In 2023, countries that imported more from Jordan than Iceland included United States ($3.14B), India ($1.92B), and Saudi Arabia ($1.67B).

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

Comparative Advantage Iceland - Jordan

Flow
Scale

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

During 2023, Iceland had a large net trade with Jordan in the exports of Mineral Products ($42.5k), Instruments ($25.2k), and Machines ($17.7k).

During 2018, Jordan had a large net trade with Iceland in the exports of Textiles ($446k), Mineral Products ($120k), and Foodstuffs ($11.3k).

Economic Complexity

Competitive Landscape

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

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

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