NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $2.08MRnk 67 / 157
2023
Flag → Flag
Top Product $2.01MOther Sea Vessels
2023
Flag → Flag
Exports $156kRnk 118 / 140
2023
Flag → Flag
Top Product $146kBathroom Ceramics
2023
Flag
Economic Complexity (ECI) ECI -0.33Rnk 78 / 132
2023
Flag  
GDP$31.3BCURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP GROWTH94.3%CURRENT US$
Rnk 17 / 195
2023
Flag
 GDP$213BCURRENT US$
Rnk 55 / 195
2013-2023
Flag
GDP GROWTH7.18%CURRENT US$
Rnk 163 / 195
2023
Flag
GDP PC $79,637CURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP PC GROWTH59.9%CURRENT US$
Rnk 31 / 195
2023
Flag
GDP PC$80,196CURRENT US$
Rnk 10 / 196
2013-2023
Flag
GDP PC GROWTH-22.7%CURRENT US$
Rnk 182 / 195

About

Iceland-Qatar Trade: In 2023, Iceland exported $2.08M to Qatar. The main products that Iceland exported to Qatar were Other Sea Vessels ($2.01M), Water ($56.4k), and Salt ($9.53k). Over the past 5 years the exports of Iceland to Qatar have increased at an annualized rate of 89.6%, from $84.9k in 2018 to $2.08M in 2023.

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

Qatar-Iceland Trade: In 2023, Qatar exported $156k to Iceland. The main products that Qatar exported to Iceland were Bathroom Ceramics ($146k), Electric Motors ($9.19k), and Motor vehicles; parts and accessories (8701 to 8705) ($451). Over the past 5 years the exports of Qatar to Iceland have increased at an annualized rate of 102%,  from $4.67k in 2018 to $156k in 2023.

In 2023, Qatar 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, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Iceland exported $2.08M to Qatar. The main products exported from Iceland to Qatar were Other Sea Vessels ($2.01M), Water ($56.4k), and Salt ($9.53k). During the last 5 years the exports of Iceland to Qatar have increased at an annualized rate of 89.6%, from $84.9k in 2018 to $2.08M in 2023.

In 2018, Qatar exported $156k to Iceland. The main products exported from Qatar to Iceland were Bathroom Ceramics ($146k), Electric Motors ($9.19k), and Motor vehicles; parts and accessories (8701 to 8705) ($451). During the last 5 years the exports of Qatar to Iceland have increased at an annualized rate of 102%, from $4.67k in 2023 to $156k in 2018.

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

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

Latest Data

Trade between Iceland (Flag) and Qatar (Flag)

Iceland Exports

Market Competitiveness

Color
Iceland
Top DestinationNetherlands$1.97B
Qatar
Top DestinationChina$20.9B

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

In 2023, countries that imported more from Iceland than Qatar included Norway ($444M), Denmark ($228M), and Germany ($771M).

In 2023, countries that imported more from Qatar than Iceland included China ($20.9B), India ($12.9B), and South Korea ($12.1B).

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

Comparative Advantage Iceland - Qatar

Flow
Scale

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

During 2023, Iceland had a large net trade with Qatar in the exports of Transportation ($2.01M), Foodstuffs ($56.4k), and Mineral Products ($9.53k).

During 2018, Qatar had a large net trade with Iceland in the exports of Stone And Glass ($146k), Machines ($9.74k), and Transportation ($451).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms