Palestine (PSE) and Iceland (ISL) Trade | The Observatory of Economic Complexity

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In N/A, Palestine did not export any services to Iceland.

Iceland-Palestine Trade: In N/A, Iceland exported $49.8k to Palestine. The main products that Iceland exported to Palestine were Carbonates ($37.2k), Sodium or Potassium Peroxides ($26.1k), and Motor vehicles; parts and accessories (8701 to 8705) ($27). Over the past N/A years the exports of Iceland to Palestine have increased at an annualized rate of 84.1%, from $2.36k in N/A to $49.8k in N/A.

In N/A, Iceland did not export any services to Palestine.

Comparison In 2022, Palestine ranked 150 in total exports ($1.61B). That same year, Iceland ranked 116 in total exports ($7.31B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Palestine does not register exports to Iceland.

In 2015, Iceland exported $49.8k to Palestine. The main products exported from Iceland to Palestine were Carbonates ($37.2k), Sodium or Potassium Peroxides ($26.1k), and Motor vehicles; parts and accessories (8701 to 8705) ($27). During the last 6 years the exports of Iceland to Palestine have increased at an annualized rate of 84.1%, from $2.36k in 2009 to $49.8k in 2015.

Exports from Palestine () to Iceland () (2022)

Exports from Iceland () to Palestine () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Palestine
Top DestinationIsrael$1.3B

Iceland
Top DestinationNetherlands$1.97B

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

In 2022, countries that imported more from Palestine than Iceland included Israel ($1.3B), Jordan ($159M), and United Arab Emirates ($29.1M).

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

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

Comparative Advantage Palestine - Iceland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2015, Iceland had a large net trade with Palestine in the exports of Chemical Products ($63.3k), Transportation ($27), and Paper Goods ($3).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Palestine () to Iceland () (2022)

Exports from Iceland () to Palestine () (2022)

Market Competitiveness

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

Comparative Advantage Palestine - Iceland

Economic Complexity

Competitive Landscape

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

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