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2021
Flag → Flag
Exports $157kRnk 156 / 0
2021
Flag → Flag
Exports $168kRnk 80 / 127
2021
Flag → Flag
Top Product $139kCoffee
2022
Flag
Economic Complexity (ECI) ECI -0.85Rnk 105 / 133
2022
Flag  
GDP$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
 GDP$45.6BCURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP GROWTH66.8%CURRENT US$
Rnk 32 / 186
2022
Flag
GDP PC $72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186
2022
Flag
GDP PC$964CURRENT US$
Rnk 170 / 186
2012-2022
Flag
GDP PC GROWTH21%CURRENT US$
Rnk 83 / 186

About

Iceland-Uganda Trade: In 2021, Iceland exported $157k to Uganda. The main products that Iceland exported to Uganda were N/A. Over the past 5 years the exports of Iceland to Uganda have decreased at an annualized rate of 12.3%, from $302k in 2016 to $157k in 2021.

In 2021, Iceland did not export any services to Uganda.

Uganda-Iceland Trade: In 2021, Uganda exported $168k to Iceland. The main products that Uganda exported to Iceland were Coffee ($139k), Other Oily Seeds ($3.93k), and Cassava ($3.48k). Over the past 5 years the exports of Uganda to Iceland have increased at an annualized rate of 59.4%,  from $16.4k in 2016 to $168k in 2021.

In 2021, Uganda 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, Uganda ranked 105 in the Economic Complexity Index (ECI -0.85), and 135 in total exports ($3.99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Iceland exported $157k to Uganda. There were not main exports from Iceland to Uganda in 2021. During the last 5 years the exports of Iceland to Uganda have decreased at an annualized rate of 12.3%, from $302k in 2016 to $157k in 2021.

In 2017, Uganda exported $168k to Iceland. The main products exported from Uganda to Iceland were Coffee ($139k), Other Oily Seeds ($3.93k), and Cassava ($3.48k). During the last 5 years the exports of Uganda to Iceland have increased at an annualized rate of 59.4%, from $16.4k in 2022 to $168k in 2017.

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

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

Latest Data

Trade between Iceland (Flag) and Uganda (Flag)

Iceland Exports

Market Competitiveness

Color
Iceland
Top DestinationNetherlands$1.97B
Uganda
Top DestinationUnited Arab Emirates$1.22B

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 2022, countries that imported more from Iceland than Uganda included Netherlands ($1.97B), United Kingdom ($672M), and Norway ($459M).

In 2022, countries that imported more from Uganda than Iceland included United Arab Emirates ($1.22B), India ($464M), and Hong Kong ($350M).

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

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 2021, Iceland had a large net trade with Uganda in the exports of .

During 2017, Uganda had a large net trade with Iceland in the exports of Vegetable Products ($164k), Foodstuffs ($3.64k), and Animal Products ($581).

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) (2022)

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