2023
Flag  
GDP
$108BCURRENT US$
Rnk 67 / 195
2013-2023
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GDP GROWTH
75.2%CURRENT US$
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2023
Flag
 GDP
$31.3BCURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP GROWTH
94.3%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC 
$1,952CURRENT US$
Rnk 160 / 195
2013-2023
Flag
GDP PC GROWTH
42.4%CURRENT US$
Rnk 57 / 195
2023
Flag
GDP PC
$79,637CURRENT US$
Rnk 11 / 196
2013-2023
Flag
GDP PC GROWTH
59.9%CURRENT US$
Rnk 31 / 195

About

Kenya-Iceland Trade: In 2023, Kenya exported $2M to Iceland. The main products that Kenya exported to Iceland were Other Vegetables ($901k), Tropical Fruits ($209k), and Cut Flowers ($199k). Over the past 5 years the exports of Kenya to Iceland have increased at an annualized rate of 14.1%, from $1.04M in 2018 to $2M in 2023.

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

Iceland-Kenya Trade: In 2023, Iceland exported $165k to Kenya. The main products that Iceland exported to Kenya were Scales ($74.8k), Industrial Fatty Acids, Oils and Alcohols ($51.1k), and Revolution Counters ($18.7k). Over the past 5 years the exports of Iceland to Kenya have decreased at an annualized rate of 53.4%,  from $7.48M in 2018 to $165k in 2023.

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

Comparison In 2023,  Kenya ranked 86 in the Economic Complexity Index (ECI -0.47),  and 109 in total exports ($8.59B). That same year, Iceland ranked 115 in total exports ($7.31B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Kenya exported $2M to Iceland. The main products exported from Kenya to Iceland were Other Vegetables ($901k), Tropical Fruits ($209k), and Cut Flowers ($199k). During the last 5 years the exports of Kenya to Iceland have increased at an annualized rate of 14.1%, from $1.04M in 2018 to $2M in 2023.

In 2018, Iceland exported $165k to Kenya. The main products exported from Iceland to Kenya were Scales ($74.8k), Industrial Fatty Acids, Oils and Alcohols ($51.1k), and Revolution Counters ($18.7k). During the last 5 years the exports of Iceland to Kenya have decreased at an annualized rate of 53.4%, from $7.48M in 2023 to $165k in 2018.

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

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

Latest Data

Trade between Kenya (Flag) and Iceland (Flag)

Kenya Exports

Market Competitiveness

Color
Kenya
Top Destination
Uganda$893M
Iceland
Top Destination
Netherlands$1.97B

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

In 2023, countries that imported more from Kenya than Iceland included Uganda ($893M), United Arab Emirates ($716M), and Pakistan ($520M).

In 2023, countries that imported more from Iceland than Kenya included Netherlands ($1.97B), Germany ($771M), and Norway ($444M).

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

Comparative Advantage Kenya - Iceland

Flow
Scale

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

During 2023, Kenya had a large net trade with Iceland in the exports of Vegetable Products ($1.85M), Miscellaneous ($60.3k), and Foodstuffs ($44.3k).

During 2018, Iceland had a large net trade with Kenya in the exports of Machines ($79.1k), Chemical Products ($51.1k), and Instruments ($26.3k).

Economic Complexity

Competitive Landscape

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

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

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