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Pricing

2022
Flag → Flag
Exports $35.3kRnk 130 / 160
2022
Flag → Flag
Top Product $20.1kMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag → Flag
Exports $542kRnk 77 / 139
2022
Flag → Flag
Top Product $379kRaw Tobacco
2022
Flag
Economic Complexity (ECI) ECI -0.74Rnk 99 / 133
2022
Flag  
GDP$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
 GDP$20.7BCURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP GROWTH20.8%CURRENT US$
Rnk 121 / 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$1,267CURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP PC GROWTH-1.8%CURRENT US$
Rnk 147 / 186

About

Iceland-Zimbabwe Trade: In 2022, Iceland exported $35.3k to Zimbabwe. The main products that Iceland exported to Zimbabwe were Motor vehicles; parts and accessories (8701 to 8705) ($20.1k), Centrifuges ($3.13k), and Liquid Pumps ($2.66k). Over the past 7 years the exports of Iceland to Zimbabwe have increased at an annualized rate of 55.4%, from $1.61k in 2015 to $35.3k in 2022.

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

Zimbabwe-Iceland Trade: In 2022, Zimbabwe exported $542k to Iceland. The main products that Zimbabwe exported to Iceland were Raw Tobacco ($379k), Other Fruits ($70.1k), and Tropical Fruits ($50.8k). Over the past 7 years the exports of Zimbabwe to Iceland have increased at an annualized rate of 41%,  from $48.8k in 2015 to $542k in 2022.

In 2022, Zimbabwe 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, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $35.3k to Zimbabwe. The main products exported from Iceland to Zimbabwe were Motor vehicles; parts and accessories (8701 to 8705) ($20.1k), Centrifuges ($3.13k), and Liquid Pumps ($2.66k). During the last 7 years the exports of Iceland to Zimbabwe have increased at an annualized rate of 55.4%, from $1.61k in 2015 to $35.3k in 2022.

In 2017, Zimbabwe exported $542k to Iceland. The main products exported from Zimbabwe to Iceland were Raw Tobacco ($379k), Other Fruits ($70.1k), and Tropical Fruits ($50.8k). During the last 5 years the exports of Zimbabwe to Iceland have increased at an annualized rate of 41%, from $48.8k in 2022 to $542k in 2017.

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

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

Latest Data

Trade between Iceland (Flag) and Zimbabwe (Flag)

Iceland Exports

Date

Market Competitiveness

Color
Iceland
Top DestinationNetherlands$1.97B
Zimbabwe
Top DestinationUnited Arab Emirates$4.78B

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

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

In 2022, countries that imported more from Zimbabwe than Iceland included United Arab Emirates ($4.78B), South Africa ($1.47B), and China ($625M).

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

Comparative Advantage Iceland - Zimbabwe

Flow
Scale

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

During 2022, Iceland had a large net trade with Zimbabwe in the exports of Transportation ($20.1k), Machines ($11k), and Metals ($3.05k).

During 2017, Zimbabwe had a large net trade with Iceland in the exports of Foodstuffs ($383k), Vegetable Products ($158k), and Footwear and Headwear ($305).

Economic Complexity

Competitive Landscape

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

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

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