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2023
Flag → Flag
Exports $156kRnk 118 / 140
2023
Flag → Flag
Top Product $146kBathroom Ceramics
2023
Flag → Flag
Exports $2.08MRnk 67 / 157
2023
Flag → Flag
Top Product $2.01MOther Sea Vessels
2023
Flag
Economic Complexity (ECI) ECI -0.33Rnk 78 / 132
2023
Flag  
GDP$213BCURRENT US$
Rnk 55 / 195
2013-2023
Flag
GDP GROWTH7.18%CURRENT US$
Rnk 163 / 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 $80,196CURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP PC GROWTH-22.7%CURRENT US$
Rnk 182 / 195
2023
Flag
GDP PC$79,637CURRENT US$
Rnk 11 / 196
2013-2023
Flag
GDP PC GROWTH59.9%CURRENT US$
Rnk 31 / 195

About

Qatar-Iceland Trade: In 2023, Qatar exported $156k to Iceland. The main products that Qatar exported to Iceland were Bathroom Ceramics ($146k), Electric Motors ($9.19k), and Motor vehicles; parts and accessories (8701 to 8705) ($451). Over the past 5 years the exports of Qatar to Iceland have increased at an annualized rate of 102%, from $4.67k in 2018 to $156k in 2023.

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

Iceland-Qatar Trade: In 2023, Iceland exported $2.08M to Qatar. The main products that Iceland exported to Qatar were Other Sea Vessels ($2.01M), Water ($56.4k), and Salt ($9.53k). Over the past 5 years the exports of Iceland to Qatar have increased at an annualized rate of 89.6%,  from $84.9k in 2018 to $2.08M in 2023.

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

Comparison In 2023,  Qatar ranked 78 in the Economic Complexity Index (ECI -0.33),  and 36 in total exports ($118B). 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, Qatar exported $156k to Iceland. The main products exported from Qatar to Iceland were Bathroom Ceramics ($146k), Electric Motors ($9.19k), and Motor vehicles; parts and accessories (8701 to 8705) ($451). During the last 5 years the exports of Qatar to Iceland have increased at an annualized rate of 102%, from $4.67k in 2018 to $156k in 2023.

In 2018, Iceland exported $2.08M to Qatar. The main products exported from Iceland to Qatar were Other Sea Vessels ($2.01M), Water ($56.4k), and Salt ($9.53k). During the last 5 years the exports of Iceland to Qatar have increased at an annualized rate of 89.6%, from $84.9k in 2023 to $2.08M in 2018.

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

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

Latest Data

Trade between Qatar (Flag) and Iceland (Flag)

Iceland Exports

Market Competitiveness

Color
Qatar
Top DestinationChina$20.9B
Iceland
Top DestinationNetherlands$1.97B

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

In 2023, countries that imported more from Qatar than Iceland included China ($20.9B), India ($12.9B), and South Korea ($12.1B).

In 2023, countries that imported more from Iceland than Qatar included Norway ($444M), Denmark ($228M), and Germany ($771M).

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

Comparative Advantage Qatar - Iceland

Flow
Scale

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

During 2023, Qatar had a large net trade with Iceland in the exports of Stone And Glass ($146k), Machines ($9.74k), and Transportation ($451).

During 2018, Iceland had a large net trade with Qatar in the exports of Transportation ($2.01M), Foodstuffs ($56.4k), and Mineral Products ($9.53k).

Economic Complexity

Competitive Landscape

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

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

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