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2022
Flag → Flag
Exports $3.78MRnk 48 / 160
2022
Flag → Flag
Top Product $2.59MCheese
2022
Flag → Flag
Exports $10.9MRnk 84 / 173
2022
Flag → Flag
Top Product $5.87MSalt
2022
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Economic Complexity (ECI) ECI 0.2Rnk 54 / 133
2022
Flag  
GDP$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
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GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186
2022
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 GDP$46.7BCURRENT US$
Rnk 90 / 186
2012-2022
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GDP GROWTH-1.37%CURRENT US$
Rnk 167 / 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$3,777CURRENT US$
Rnk 124 / 186
2012-2022
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GDP PC GROWTH-10.8%CURRENT US$
Rnk 164 / 186

About

Iceland-Tunisia Trade: In 2022, Iceland exported $3.78M to Tunisia. The main products that Iceland exported to Tunisia were Cheese ($2.59M), Integrated Circuits ($530k), and Printed Circuit Boards ($246k). Over the past 5 years the exports of Iceland to Tunisia have increased at an annualized rate of 40.6%, from $687k in 2017 to $3.78M in 2022.

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

Tunisia-Iceland Trade: In 2022, Tunisia exported $10.9M to Iceland. The main products that Tunisia exported to Iceland were Salt ($5.87M), Other Plastic Products ($1.04M), and Non-Knit Men's Suits ($706k). Over the past 5 years the exports of Tunisia to Iceland have increased at an annualized rate of 16.9%,  from $4.97M in 2017 to $10.9M in 2022.

In 2022, Tunisia 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, Tunisia ranked 54 in the Economic Complexity Index (ECI 0.2), and 76 in total exports ($21.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $3.78M to Tunisia. The main products exported from Iceland to Tunisia were Cheese ($2.59M), Integrated Circuits ($530k), and Printed Circuit Boards ($246k). During the last 5 years the exports of Iceland to Tunisia have increased at an annualized rate of 40.6%, from $687k in 2017 to $3.78M in 2022.

In 2017, Tunisia exported $10.9M to Iceland. The main products exported from Tunisia to Iceland were Salt ($5.87M), Other Plastic Products ($1.04M), and Non-Knit Men's Suits ($706k). During the last 5 years the exports of Tunisia to Iceland have increased at an annualized rate of 16.9%, from $4.97M in 2022 to $10.9M in 2017.

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

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

Latest Data

Trade between Iceland (Flag) and Tunisia (Flag)

Iceland Exports

Tunisia Exports

Market Competitiveness

Color
Iceland
Top DestinationNetherlands$1.97B
Tunisia
Top DestinationFrance$4.8B

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

In 2022, countries that imported more from Iceland than Tunisia included Netherlands ($1.97B), Norway ($459M), and Denmark ($257M).

In 2022, countries that imported more from Tunisia than Iceland included France ($4.8B), Italy ($3.45B), and Germany ($3.01B).

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

Comparative Advantage Iceland - Tunisia

Flow
Scale

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

During 2022, Iceland had a large net trade with Tunisia in the exports of Animal Products ($2.59M), Machines ($960k), and Metals ($155k).

During 2017, Tunisia had a large net trade with Iceland in the exports of Mineral Products ($5.87M), Textiles ($1.46M), and Plastics and Rubbers ($1.32M).

Economic Complexity

Competitive Landscape

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

Product Space of Iceland (Flag) and Tunisia (Flag) (2022)

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