2023
Flag  
GDP
$31.3BCURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP GROWTH
94.3%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC 
$79,637CURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP PC GROWTH
59.9%CURRENT US$
Rnk 31 / 195

About

Iceland-Syria Trade: In 2023, Iceland exported $22.6k to Syria. The main products that Iceland exported to Syria were Fish Oil ($22.6k). Over the past 13 years the exports of Iceland to Syria have decreased at an annualized rate of 5.54%, from $47.4k in 2010 to $22.6k in 2023.

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

Syria-Iceland In N/A, Syria did not export any products to Iceland.

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

Comparison In 2023,  Iceland ranked 115 in total exports ($7.31B). That same year, Syria ranked 155 in total exports ($1.27B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Iceland exported $22.6k to Syria. The main products exported from Iceland to Syria were Fish Oil ($22.6k). During the last 13 years the exports of Iceland to Syria have decreased at an annualized rate of 5.54%, from $47.4k in 2010 to $22.6k in 2023.

Syria does not register exports to Iceland. The main products exported from Syria to Iceland were Coffee ($9.27k), Spice Seeds ($6.9k), and Mate ($4.9k).

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

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

Latest Data

Trade between Iceland (Flag) and Syria (Flag)

Iceland Exports

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Syria
Top Destination
Turkey$363M

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

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

In 2023, countries that imported more from Syria than Iceland included Turkey ($363M), Saudi Arabia ($204M), and Lebanon ($131M).

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

Comparative Advantage Iceland - Syria

Flow
Scale

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

During 2023, Iceland had a large net trade with Syria in the exports of Animal and Vegetable Bi-Products ($22.6k).

Economic Complexity

Competitive Landscape

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

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

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