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2022
Flag → Flag
Exports $1.54kRnk 13 / 0
2022
Flag → Flag
Exports $325kRnk 99 / 157
2022
Flag → Flag
Top Product $223kOther Edible Preparations
2023
Flag
Economic Complexity (ECI) ECI -0.11Rnk 67 / 132
2023
Flag  
GDP$14BCURRENT US$
Rnk 141 / 195
2013-2023
Flag
GDP GROWTH90.7%CURRENT US$
Rnk 20 / 195
2023
Flag
 GDP$31.3BCURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP GROWTH94.3%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC $1,970CURRENT US$
Rnk 159 / 195
2013-2023
Flag
GDP PC GROWTH55.2%CURRENT US$
Rnk 39 / 195
2023
Flag
GDP PC$79,637CURRENT US$
Rnk 11 / 196
2013-2023
Flag
GDP PC GROWTH59.9%CURRENT US$
Rnk 31 / 195

About

Kyrgyzstan-Iceland Trade: In 2022, Kyrgyzstan exported $1.54k to Iceland. The main products that Kyrgyzstan exported to Iceland were N/A. Over the past 12 years the exports of Kyrgyzstan to Iceland have increased at an annualized rate of 1.04%, from $1.36k in 2010 to $1.54k in 2022.

In 2009, Kyrgyzstan exported services to Iceland worth $5.5k, with Royalties and license fees ($5.5k) being the largest in terms of value.

Iceland-Kyrgyzstan Trade: In 2022, Iceland exported $325k to Kyrgyzstan. The main products that Iceland exported to Kyrgyzstan were Other Edible Preparations ($223k), Non-fillet Frozen Fish ($50.1k), and Hard Liquor ($20k). Over the past 12 years the exports of Iceland to Kyrgyzstan have increased at an annualized rate of 33.9%,  from $75.5k in 2010 to $325k in 2022.

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

Comparison In 2023,  Kyrgyzstan ranked 67 in the Economic Complexity Index (ECI -0.11),  and 136 in total exports ($3.99B). 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 2022, Kyrgyzstan exported $1.54k to Iceland. There were not main exports from Kyrgyzstan to Iceland in 2022. During the last 12 years the exports of Kyrgyzstan to Iceland have increased at an annualized rate of 1.04%, from $1.36k in 2010 to $1.54k in 2022.

In 2018, Iceland exported $325k to Kyrgyzstan. The main products exported from Iceland to Kyrgyzstan were Other Edible Preparations ($223k), Non-fillet Frozen Fish ($50.1k), and Hard Liquor ($20k). During the last 5 years the exports of Iceland to Kyrgyzstan have increased at an annualized rate of 33.9%, from $75.5k in 2023 to $325k in 2018.

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

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

Market Competitiveness

Color
Kyrgyzstan
Top DestinationSwitzerland$1.18B
Iceland
Top DestinationNetherlands$1.97B

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

In 2023, countries that imported more from Kyrgyzstan than Iceland included Switzerland ($1.18B), Russia ($746M), and Kazakhstan ($559M).

In 2023, countries that imported more from Iceland than Kyrgyzstan included Netherlands ($1.97B), Germany ($771M), and United States ($735M).

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

Comparative Advantage Kyrgyzstan - Iceland

Flow
Scale

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

During 2022, Kyrgyzstan had a large net trade with Iceland in the exports of .

During 2018, Iceland had a large net trade with Kyrgyzstan in the exports of Foodstuffs ($243k) and Animal Products ($81.9k).

Economic Complexity

Competitive Landscape

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

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

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