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Pricing

2022
Flag → Flag
Exports $323kRnk 96 / 160
2022
Flag → Flag
Top Product $279kDried/Salted/Smoked/Brined Fish
2022
Flag → Flag
Exports $29.4kRnk 85 / 123
2022
Flag → Flag
Top Product $8.41kKnit Men's Undergarments
2022
Flag  
GDP$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
 GDP$22BCURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP GROWTH-49.1%CURRENT US$
Rnk 185 / 186
2022
Flag
GDP PC $72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186
2022
Flag
GDP PC$31,618CURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP PC GROWTH-57.3%CURRENT US$
Rnk 184 / 186

About

Iceland-Macau Trade: In 2022, Iceland exported $323k to Macau. The main products that Iceland exported to Macau were Dried/Salted/Smoked/Brined Fish ($279k), Beauty Products ($21.7k), and Trunks and Cases ($10.5k). Over the past 5 years the exports of Iceland to Macau have increased at an annualized rate of 15.8%, from $155k in 2017 to $323k in 2022.

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

Macau-Iceland Trade: In 2022, Macau exported $29.4k to Iceland. The main products that Macau exported to Iceland were Knit Men's Undergarments ($8.41k), Paper Notebooks ($6.75k), and Knit Sweaters ($2.98k). Over the past 5 years the exports of Macau to Iceland have increased at an annualized rate of 18.7%,  from $3.74k in 2017 to $29.4k in 2022.

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

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B). That same year, Macau ranked 146 in total exports ($1.88B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $323k to Macau. The main products exported from Iceland to Macau were Dried/Salted/Smoked/Brined Fish ($279k), Beauty Products ($21.7k), and Trunks and Cases ($10.5k). During the last 5 years the exports of Iceland to Macau have increased at an annualized rate of 15.8%, from $155k in 2017 to $323k in 2022.

In 2017, Macau exported $29.4k to Iceland. The main products exported from Macau to Iceland were Knit Men's Undergarments ($8.41k), Paper Notebooks ($6.75k), and Knit Sweaters ($2.98k). During the last 5 years the exports of Macau to Iceland have increased at an annualized rate of 18.7%, from $3.74k in 2022 to $29.4k in 2017.

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

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

Latest Data

Trade between Iceland (Flag) and Macau (Flag)

Iceland Exports

Market Competitiveness

Color
Iceland
Top DestinationNetherlands$1.97B
Macau
Top DestinationHong Kong$1.22B

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

In 2022, countries that imported more from Iceland than Macau included Netherlands ($1.97B), United Kingdom ($672M), and Germany ($573M).

In 2022, countries that imported more from Macau than Iceland included Hong Kong ($1.22B), Israel ($37.4M), and Romania ($24.1M).

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

Comparative Advantage Iceland - Macau

Flow
Scale

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

During 2022, Iceland had a large net trade with Macau in the exports of Animal Products ($286k), Chemical Products ($22.3k), and Animal Hides ($10.5k).

During 2017, Macau had a large net trade with Iceland in the exports of Textiles ($21.6k), Paper Goods ($6.75k), and Instruments ($873).

Economic Complexity

Competitive Landscape

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

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

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