2023
Flag  
GDP
$31.3BCURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP GROWTH
94.3%CURRENT US$
Rnk 17 / 195
2023
Flag
 GDP
$109BCURRENT US$
Rnk 65 / 195
2013-2023
Flag
GDP GROWTH
154%CURRENT US$
Rnk 6 / 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
$2,183CURRENT US$
Rnk 153 / 196
2013-2023
Flag
GDP PC GROWTH
91.8%CURRENT US$
Rnk 12 / 195

About

Iceland-Sudan Trade: In 2018, Iceland exported $29.8k to Sudan. The main products that Iceland exported to Sudan were N/A. Over the past 5 years the exports of Iceland to Sudan have decreased at an annualized rate of 37.8%, from $319k in 2013 to $29.8k in 2018.

In 2018, Iceland did not export any services to Sudan.

Sudan-Iceland Trade: In 2018, Sudan exported $110k to Iceland. The main products that Sudan exported to Iceland were Insect Resins ($110k) and Coin ($264). Over the past 5 years the exports of Sudan to Iceland have decreased at an annualized rate of 11%,  from $197k in 2013 to $110k in 2018.

In 2018, Sudan 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, Sudan ranked 121 in the Economic Complexity Index (ECI -1.24), and 128 in total exports ($5.09B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Iceland exported $29.8k to Sudan. There were not main exports from Iceland to Sudan in 2018. During the last 5 years the exports of Iceland to Sudan have decreased at an annualized rate of 37.8%, from $319k in 2013 to $29.8k in 2018.

In 2018, Sudan exported $110k to Iceland. The main products exported from Sudan to Iceland were Insect Resins ($110k) and Coin ($264). During the last 5 years the exports of Sudan to Iceland have decreased at an annualized rate of 11%, from $197k in 2023 to $110k in 2018.

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

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

Latest Data

Trade between Iceland (Flag) and Sudan (Flag)

Iceland Exports

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Sudan
Top Destination
United Arab Emirates$1.09B

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

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

In 2023, countries that imported more from Sudan than Iceland included United Arab Emirates ($1.09B), Saudi Arabia ($802M), and China ($882M).

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

Comparative Advantage Iceland - Sudan

Flow
Scale

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

During 2018, Iceland had a large net trade with Sudan in the exports of .

During 2018, Sudan had a large net trade with Iceland in the exports of Vegetable Products ($110k) and Precious Metals ($264).

Economic Complexity

Competitive Landscape

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

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

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