Kenya (KEN) and Iceland (ISL) Trade | The Observatory of Economic Complexity

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Kenya-Iceland Trade: In 2022, Kenya exported $1.57M to Iceland. The main products that Kenya exported to Iceland were Other Vegetables ($458k), Coffee ($260k), and Other Processed Fruits and Nuts ($225k). Over the past 5 years the exports of Kenya to Iceland have increased at an annualized rate of 13.5%, from $833k in 2017 to $1.57M in 2022.

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

Iceland-Kenya Trade: In 2022, Iceland exported $340k to Kenya. The main products that Iceland exported to Kenya were Fish oil ($148k), Other Edible Preparations ($114k), and Plastic Lids ($40.6k). Over the past 5 years the exports of Iceland to Kenya have decreased at an annualized rate of 5.5%, from $451k in 2017 to $340k in 2022.

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

Comparison In 2022, Kenya ranked 87 in the Economic Complexity Index (ECI -0.5), and 115 in total exports ($7.34B). That same year, Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Kenya exported $1.57M to Iceland. The main products exported from Kenya to Iceland were Other Vegetables ($458k), Coffee ($260k), and Other Processed Fruits and Nuts ($225k). During the last 5 years the exports of Kenya to Iceland have increased at an annualized rate of 13.5%, from $833k in 2017 to $1.57M in 2022.

In 2017, Iceland exported $340k to Kenya. The main products exported from Iceland to Kenya were Fish oil ($148k), Other Edible Preparations ($114k), and Plastic Lids ($40.6k). During the last 5 years the exports of Iceland to Kenya have decreased at an annualized rate of 5.5%, from $451k in 2022 to $340k in 2017.

Exports from Kenya () to Iceland () (2022)

Exports from Iceland () to Kenya () (2022)

Latest Data

Trade between Kenya () and Iceland ()

Kenya Exports

Date

Iceland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kenya
Top DestinationUnited States$722M

Iceland
Top DestinationNetherlands$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 2022, countries that imported more from Kenya than Iceland included Uganda ($677M), Pakistan ($541M), and Rwanda ($439M).

In 2022, countries that imported more from Iceland than Kenya included Netherlands ($1.97B), Norway ($459M), and Germany ($573M).

Difference in imports from Iceland () and Kenya () (2022)

Comparative Advantage Kenya - Iceland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Kenya had a large net trade with Iceland in the exports of Vegetable Products ($1.16M), Foodstuffs ($227k), and Miscellaneous ($81.4k).

During 2017, Iceland had a large net trade with Kenya in the exports of Animal and Vegetable Bi-Products ($148k), Foodstuffs ($114k), and Plastics and Rubbers ($41.3k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

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Historical Data

Bilateral Trade by Products

Exports from Kenya () to Iceland () (2022)

Exports from Iceland () to Kenya () (2022)

Latest Data

Trade between Kenya () and Iceland ()

Kenya Exports

Iceland Exports

Market Competitiveness

Difference in imports from Iceland () and Kenya () (2022)

Comparative Advantage Kenya - Iceland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kenya () and Iceland () (2022)

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