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2022
Flag → Flag
Exports $21.4kRnk 121 / 139
2022
Flag → Flag
Top Product $11kGrapes
2022
Flag → Flag
Exports $40.1kRnk 127 / 160
2022
Flag → Flag
Top Product $38.7kHard Liquor
2022
Flag
Economic Complexity (ECI) ECI -0.28Rnk 79 / 133
2022
Flag  
GDP$80.4BCURRENT US$
Rnk 72 / 186
2012-2022
Flag
GDP GROWTH19.1%CURRENT US$
Rnk 123 / 186
2022
Flag
 GDP$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC $2,255CURRENT US$
Rnk 143 / 186
2012-2022
Flag
GDP PC GROWTH-0.55%CURRENT US$
Rnk 146 / 186
2022
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GDP PC$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186

About

Uzbekistan-Iceland Trade: In 2022, Uzbekistan exported $21.4k to Iceland. The main products that Uzbekistan exported to Iceland were Grapes ($11k) and Non-Knit Men's Suits ($10.4k). Over the past 5 years the exports of Uzbekistan to Iceland have decreased at an annualized rate of 16.6%, from $52.9k in 2017 to $21.4k in 2022.

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

Iceland-Uzbekistan Trade: In 2022, Iceland exported $40.1k to Uzbekistan. The main products that Iceland exported to Uzbekistan were Hard Liquor ($38.7k), Blankets ($674), and Knit Men's Suits ($364). Over the past 5 years the exports of Iceland to Uzbekistan have increased at an annualized rate of 31.3%,  from $10.3k in 2017 to $40.1k in 2022.

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

Comparison In 2022,  Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28),  and 83 in total exports ($16.9B). 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, Uzbekistan exported $21.4k to Iceland. The main products exported from Uzbekistan to Iceland were Grapes ($11k) and Non-Knit Men's Suits ($10.4k). During the last 5 years the exports of Uzbekistan to Iceland have decreased at an annualized rate of 16.6%, from $52.9k in 2017 to $21.4k in 2022.

In 2017, Iceland exported $40.1k to Uzbekistan. The main products exported from Iceland to Uzbekistan were Hard Liquor ($38.7k), Blankets ($674), and Knit Men's Suits ($364). During the last 5 years the exports of Iceland to Uzbekistan have increased at an annualized rate of 31.3%, from $10.3k in 2022 to $40.1k in 2017.

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

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

Latest Data

Trade between Uzbekistan (Flag) and Iceland (Flag)

Iceland Exports

Date

Market Competitiveness

Color
Uzbekistan
Top DestinationSwitzerland$4.29B
Iceland
Top DestinationNetherlands$1.97B

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

In 2022, countries that imported more from Uzbekistan than Iceland included Switzerland ($4.29B), Russia ($2.6B), and China ($1.98B).

In 2022, countries that imported more from Iceland than Uzbekistan included Netherlands ($1.97B), United States ($613M), and Germany ($573M).

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

Comparative Advantage Uzbekistan - Iceland

Flow
Scale

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

During 2022, Uzbekistan had a large net trade with Iceland in the exports of Vegetable Products ($11k) and Textiles ($10.4k).

During 2017, Iceland had a large net trade with Uzbekistan in the exports of Foodstuffs ($38.8k), Textiles ($1.19k), and Plastics and Rubbers ($168).

Economic Complexity

Competitive Landscape

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

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

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