2022
Flag  
GDP
$45.6BCURRENT US$
Rnk 92 / 186
2012-2022
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GDP GROWTH
66.8%CURRENT US$
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2022
Flag
 GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
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GDP PC 
$964CURRENT US$
Rnk 170 / 186
2012-2022
Flag
GDP PC GROWTH
21%CURRENT US$
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2022
Flag
GDP PC
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
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GDP PC GROWTH
58.5%CURRENT US$
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About

Uganda-Iceland Trade: In 2022, Uganda exported $168k to Iceland. The main products that Uganda exported to Iceland were Coffee ($139k), Other Oily Seeds ($3.93k), and Cassava ($3.48k). Over the past 5 years the exports of Uganda to Iceland have increased at an annualized rate of 59.4%, from $16.4k in 2017 to $168k in 2022.

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

Iceland-Uganda Trade: In 2022, Iceland exported $157k to Uganda. The main products that Iceland exported to Uganda were N/A. Over the past 5 years the exports of Iceland to Uganda have decreased at an annualized rate of 12.3%,  from $302k in 2017 to $157k in 2022.

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

Comparison In 2022,  Uganda ranked 105 in the Economic Complexity Index (ECI -0.85),  and 135 in total exports ($3.99B). 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, Uganda exported $168k to Iceland. The main products exported from Uganda to Iceland were Coffee ($139k), Other Oily Seeds ($3.93k), and Cassava ($3.48k). During the last 5 years the exports of Uganda to Iceland have increased at an annualized rate of 59.4%, from $16.4k in 2017 to $168k in 2022.

In 2016, Iceland exported $157k to Uganda. There were not main exports from Iceland to Uganda in 2016. During the last 5 years the exports of Iceland to Uganda have decreased at an annualized rate of 12.3%, from $302k in 2021 to $157k in 2016.

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

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

Latest Data

Trade between Uganda (Flag) and Iceland (Flag)

Iceland Exports

Market Competitiveness

Color
Uganda
Top Destination
United Arab Emirates$1.22B
Iceland
Top Destination
Netherlands$1.97B

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

In 2022, countries that imported more from Uganda than Iceland included United Arab Emirates ($1.22B), India ($464M), and Hong Kong ($350M).

In 2022, countries that imported more from Iceland than Uganda included Netherlands ($1.97B), United Kingdom ($672M), and Norway ($459M).

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

Comparative Advantage Uganda - Iceland

Flow
Scale

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

During 2022, Uganda had a large net trade with Iceland in the exports of Vegetable Products ($164k), Foodstuffs ($3.64k), and Animal Products ($581).

During 2016, Iceland had a large net trade with Uganda in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Uganda (Flag) and Iceland (Flag) (2022)

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