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2022
Flag → Flag
Exports $3.19MRnk 53 / 160
2022
Flag → Flag
Top Product $2.71MHydrogen
2022
Flag → Flag
Exports $54.4kRnk 125 / 139
2022
Flag → Flag
Top Product $27kBathroom Ceramics
2022
Flag
Economic Complexity (ECI) ECI -0.15Rnk 71 / 133
2022
Flag  
GDP$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186
2022
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 GDP$237BCURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP GROWTH27%CURRENT US$
Rnk 105 / 186
2022
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GDP PC $72,903CURRENT US$
Rnk 9 / 186
2012-2022
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GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186
2022
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GDP PC$88,046CURRENT US$
Rnk 6 / 186
2012-2022
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GDP PC GROWTH-10.2%CURRENT US$
Rnk 163 / 186

About

Iceland-Qatar Trade: In 2022, Iceland exported $3.19M to Qatar. The main products that Iceland exported to Qatar were Hydrogen ($2.71M), Non-fillet Fresh Fish ($242k), and Water ($197k). Over the past 5 years the exports of Iceland to Qatar have increased at an annualized rate of 79.9%, from $169k in 2017 to $3.19M in 2022.

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

Qatar-Iceland Trade: In 2022, Qatar exported $54.4k to Iceland. The main products that Qatar exported to Iceland were Bathroom Ceramics ($27k), Refined Petroleum ($18k), and Liquid Pumps ($3.12k). Over the past 5 years the exports of Qatar to Iceland have increased at an annualized rate of 81.6%,  from $2.75k in 2017 to $54.4k in 2022.

In 2022, Qatar 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, Qatar ranked 71 in the Economic Complexity Index (ECI -0.15), and 38 in total exports ($119B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $3.19M to Qatar. The main products exported from Iceland to Qatar were Hydrogen ($2.71M), Non-fillet Fresh Fish ($242k), and Water ($197k). During the last 5 years the exports of Iceland to Qatar have increased at an annualized rate of 79.9%, from $169k in 2017 to $3.19M in 2022.

In 2017, Qatar exported $54.4k to Iceland. The main products exported from Qatar to Iceland were Bathroom Ceramics ($27k), Refined Petroleum ($18k), and Liquid Pumps ($3.12k). During the last 5 years the exports of Qatar to Iceland have increased at an annualized rate of 81.6%, from $2.75k in 2022 to $54.4k in 2017.

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

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

Latest Data

Trade between Iceland (Flag) and Qatar (Flag)

Iceland Exports

Market Competitiveness

Color
Iceland
Top DestinationNetherlands$1.97B
Qatar
Top DestinationChina$21.1B

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 2022, countries that imported more from Iceland than Qatar included Netherlands ($1.97B), Norway ($459M), and Poland ($367M).

In 2022, countries that imported more from Qatar than Iceland included China ($21.1B), India ($17.4B), and Japan ($12B).

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

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 2022, Iceland had a large net trade with Qatar in the exports of Chemical Products ($2.71M), Animal Products ($242k), and Foodstuffs ($197k).

During 2017, Qatar had a large net trade with Iceland in the exports of Stone And Glass ($27.3k), Mineral Products ($18k), and Machines ($7.24k).

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) (2022)

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