2022
Flag  
GDP
$10.9BCURRENT US$
Rnk 143 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 35 / 186
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 
$1,607CURRENT US$
Rnk 153 / 186
2012-2022
Flag
GDP PC GROWTH
36.4%CURRENT US$
Rnk 56 / 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

Kyrgyzstan-Iceland Trade: In 2022, Kyrgyzstan exported $1.54k to Iceland. The main products that Kyrgyzstan exported to Iceland were Prefabricated Buildings ($1.54k). Over the past 12 years the exports of Kyrgyzstan to Iceland have increased at an annualized rate of 1.18%, from $1.34k 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 $51.7k to Kyrgyzstan. The main products that Iceland exported to Kyrgyzstan were Non-fillet Frozen Fish ($39.7k), Hard Liquor ($10.7k), and Liquid Pumps ($1.33k). Over the past 12 years the exports of Iceland to Kyrgyzstan have increased at an annualized rate of 23%,  from $18.3k in 2010 to $51.7k in 2022.

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

Comparison In 2022,  Kyrgyzstan ranked 70 in the Economic Complexity Index (ECI -0.12),  and 141 in total exports ($2.5B). 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
Value

In 2022, Kyrgyzstan exported $1.54k to Iceland. The main products exported from Kyrgyzstan to Iceland were Prefabricated Buildings ($1.54k). During the last 12 years the exports of Kyrgyzstan to Iceland have increased at an annualized rate of 1.18%, from $1.34k in 2010 to $1.54k in 2022.

In 2017, Iceland exported $51.7k to Kyrgyzstan. The main products exported from Iceland to Kyrgyzstan were Non-fillet Frozen Fish ($39.7k), Hard Liquor ($10.7k), and Liquid Pumps ($1.33k). During the last 5 years the exports of Iceland to Kyrgyzstan have increased at an annualized rate of 23%, from $18.3k in 2022 to $51.7k in 2017.

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

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

Market Competitiveness

Color
Kyrgyzstan
Top Destination
Russia$1.07B
Iceland
Top Destination
Netherlands$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 2022, countries that imported more from Kyrgyzstan than Iceland included Russia ($1.07B), Kazakhstan ($445M), and Uzbekistan ($240M).

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

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

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 Miscellaneous ($1.54k).

During 2017, Iceland had a large net trade with Kyrgyzstan in the exports of Animal Products ($39.7k), Foodstuffs ($10.7k), and Machines ($1.33k).

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) (2022)

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