2022
Flag  
GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC 
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186

About

Iceland-Yemen Trade: In 2019, Iceland exported $3.51k to Yemen. The main products that Iceland exported to Yemen were N/A. Over the past 11 years the exports of Iceland to Yemen have decreased at an annualized rate of 16.2%, from $24.4k in 2008 to $3.51k in 2019.

In 2019, Iceland did not export any services to Yemen.

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

In 2019, Yemen 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, Yemen ranked 114 in the Economic Complexity Index (ECI -1.05), and 148 in total exports ($1.73B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Iceland exported $3.51k to Yemen. There were not main exports from Iceland to Yemen in 2019. During the last 11 years the exports of Iceland to Yemen have decreased at an annualized rate of 16.2%, from $24.4k in 2008 to $3.51k in 2019.

Yemen does not register exports to Iceland. The main products exported from Yemen to Iceland were Rubber Apparel ($254).

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

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

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Yemen
Top Destination
China$548M

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

In 2022, countries that imported more from Iceland than Yemen included Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

In 2022, countries that imported more from Yemen than Iceland included China ($548M), Thailand ($355M), and India ($206M).

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

Comparative Advantage Iceland - Yemen

Flow
Scale

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

During 2019, Iceland had a large net trade with Yemen in the exports of .

Economic Complexity

Competitive Landscape

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

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

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