2022
Flag  
GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
 GDP
$47.5BCURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP GROWTH
50%CURRENT US$
Rnk 61 / 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
$4,205CURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP PC GROWTH
-4.15%CURRENT US$
Rnk 152 / 186

About

Iceland-Jordan Trade: In 2022, Iceland exported $45.7k to Jordan. The main products that Iceland exported to Jordan were Orthopedic Appliances ($18.1k), X-Ray Equipment ($16.9k), and Industrial Food Preperation Machinery ($6.2k). Over the past 5 years the exports of Iceland to Jordan have increased at an annualized rate of 12.7%, from $25.2k in 2017 to $45.7k in 2022.

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

Jordan-Iceland Trade: In 2022, Jordan exported $592k to Iceland. The main products that Jordan exported to Iceland were Knit Women's Suits ($115k), Knit T-shirts ($100k), and Knit Sweaters ($97.4k). Over the past 5 years the exports of Jordan to Iceland have decreased at an annualized rate of 2.15%,  from $660k in 2017 to $592k in 2022.

In 2022, Jordan 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, Jordan ranked 63 in the Economic Complexity Index (ECI 0.049), and 85 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $45.7k to Jordan. The main products exported from Iceland to Jordan were Orthopedic Appliances ($18.1k), X-Ray Equipment ($16.9k), and Industrial Food Preperation Machinery ($6.2k). During the last 5 years the exports of Iceland to Jordan have increased at an annualized rate of 12.7%, from $25.2k in 2017 to $45.7k in 2022.

In 2017, Jordan exported $592k to Iceland. The main products exported from Jordan to Iceland were Knit Women's Suits ($115k), Knit T-shirts ($100k), and Knit Sweaters ($97.4k). During the last 5 years the exports of Jordan to Iceland have decreased at an annualized rate of 2.15%, from $660k in 2022 to $592k in 2017.

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

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

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$3.28B

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 2022, countries that imported more from Iceland than Jordan included Netherlands ($1.97B), Germany ($573M), and Norway ($459M).

In 2022, countries that imported more from Jordan than Iceland included United States ($3.28B), India ($2.31B), and Saudi Arabia ($1.22B).

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

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 2022, Iceland had a large net trade with Jordan in the exports of Instruments ($35k), Machines ($6.2k), and Animal and Vegetable Bi-Products ($4.55k).

During 2017, Jordan had a large net trade with Iceland in the exports of Textiles ($439k), Chemical Products ($110k), and Mineral Products ($35.4k).

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) (2022)

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