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2023
Flag → Flag
Exports $3.53kRnk 147 / 157
2023
Flag → Flag
Top Product $1.93kThermostats
2023
Flag → Flag
Exports $178kRnk 111 / 158
2023
Flag → Flag
Top Product $138kCoffee
2023
Flag
Economic Complexity (ECI) ECI -0.62Rnk 91 / 132
2023
Flag  
GDP$31.3BCURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP GROWTH94.3%CURRENT US$
Rnk 17 / 195
2023
Flag
 GDP$48.8BCURRENT US$
Rnk 92 / 195
2013-2023
Flag
GDP GROWTH68.7%CURRENT US$
Rnk 41 / 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$1,002CURRENT US$
Rnk 177 / 196
2013-2023
Flag
GDP PC GROWTH22.5%CURRENT US$
Rnk 97 / 195

About

Iceland-Uganda Trade: In 2023, Iceland exported $3.53k to Uganda. The main products that Iceland exported to Uganda were Thermostats ($1.93k), Pesticides ($1.2k), and Used Clothing ($120). Over the past 5 years the exports of Iceland to Uganda have decreased at an annualized rate of 51.4%, from $130k in 2018 to $3.53k in 2023.

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

Uganda-Iceland Trade: In 2023, Uganda exported $178k to Iceland. The main products that Uganda exported to Iceland were Coffee ($138k), Other live plants, cuttings and slips; mushroom spawn ($7.43k), and Bananas ($6.47k). Over the past 5 years the exports of Uganda to Iceland have increased at an annualized rate of 46.2%,  from $18.2k in 2018 to $178k in 2023.

In 2023, Uganda 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, Uganda ranked 91 in the Economic Complexity Index (ECI -0.62), and 116 in total exports ($7.12B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Iceland exported $3.53k to Uganda. The main products exported from Iceland to Uganda were Thermostats ($1.93k), Pesticides ($1.2k), and Used Clothing ($120). During the last 5 years the exports of Iceland to Uganda have decreased at an annualized rate of 51.4%, from $130k in 2018 to $3.53k in 2023.

In 2018, Uganda exported $178k to Iceland. The main products exported from Uganda to Iceland were Coffee ($138k), Other live plants, cuttings and slips; mushroom spawn ($7.43k), and Bananas ($6.47k). During the last 5 years the exports of Uganda to Iceland have increased at an annualized rate of 46.2%, from $18.2k in 2023 to $178k in 2018.

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

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

Latest Data

Trade between Iceland (Flag) and Uganda (Flag)

Iceland Exports

Market Competitiveness

Color
Iceland
Top DestinationNetherlands$1.97B
Uganda
Top DestinationIndia$1.5B

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

In 2023, countries that imported more from Iceland than Uganda included Netherlands ($1.97B), United States ($735M), and United Kingdom ($607M).

In 2023, countries that imported more from Uganda than Iceland included India ($1.5B), United Arab Emirates ($1.13B), and Hong Kong ($727M).

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

Comparative Advantage Iceland - Uganda

Flow
Scale

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

During 2023, Iceland had a large net trade with Uganda in the exports of Instruments ($1.97k), Chemical Products ($1.21k), and Textiles ($120).

During 2018, Uganda had a large net trade with Iceland in the exports of Vegetable Products ($171k), Machines ($1.91k), and Foodstuffs ($1.68k).

Economic Complexity

Competitive Landscape

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

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

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