2023
Flag  
GDP
$31.3BCURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP GROWTH
94.3%CURRENT US$
Rnk 17 / 195
2023
Flag
 GDP
$10.7BCURRENT US$
Rnk 149 / 195
2013-2023
Flag
GDP GROWTH
47.5%CURRENT US$
Rnk 79 / 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
$2,121CURRENT US$
Rnk 155 / 196
2013-2023
Flag
GDP PC GROWTH
9.65%CURRENT US$
Rnk 134 / 195

About

Iceland-Mauritania Trade: In 2023, Iceland exported $4.1k to Mauritania. The main products that Iceland exported to Mauritania were Ink ($3.96k) and Centrifuges ($139). Over the past 5 years the exports of Iceland to Mauritania have decreased at an annualized rate of 55%, from $223k in 2018 to $4.1k in 2023.

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

Mauritania-Iceland Trade: In 2023, Mauritania exported $20.6k to Iceland. The main products that Mauritania exported to Iceland were Processed Fish ($17.2k), Knit Women's Coats ($1.08k), and Brooms ($799). Over the past 5 years the exports of Mauritania to Iceland have decreased at an annualized rate of 6.38%,  from $28.7k in 2018 to $20.6k in 2023.

In 2023, Mauritania 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, Mauritania ranked 115 in the Economic Complexity Index (ECI -1.13), and 129 in total exports ($4.96B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Iceland exported $4.1k to Mauritania. The main products exported from Iceland to Mauritania were Ink ($3.96k) and Centrifuges ($139). During the last 5 years the exports of Iceland to Mauritania have decreased at an annualized rate of 55%, from $223k in 2018 to $4.1k in 2023.

In 2018, Mauritania exported $20.6k to Iceland. The main products exported from Mauritania to Iceland were Processed Fish ($17.2k), Knit Women's Coats ($1.08k), and Brooms ($799). During the last 5 years the exports of Mauritania to Iceland have decreased at an annualized rate of 6.38%, from $28.7k in 2023 to $20.6k in 2018.

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

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

Latest Data

Trade between Iceland (Flag) and Mauritania (Flag)

Iceland Exports

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Mauritania
Top Destination
China$1.22B

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

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

In 2023, countries that imported more from Mauritania than Iceland included China ($1.22B), Switzerland ($673M), and Canada ($591M).

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

Comparative Advantage Iceland - Mauritania

Flow
Scale

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

During 2023, Iceland had a large net trade with Mauritania in the exports of Chemical Products ($3.96k) and Machines ($139).

During 2018, Mauritania had a large net trade with Iceland in the exports of Foodstuffs ($17.2k), Textiles ($1.69k), and Miscellaneous ($799).

Economic Complexity

Competitive Landscape

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

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

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