NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $4.05MRnk 62 / 132
2023
Flag → Flag
Top Product $2.16MNon-Retail Pure Cotton Yarn
2023
Flag → Flag
Exports $19.2kRnk 138 / 157
2023
Flag → Flag
Top Product $14kProcessed Fish
2023
Flag
Economic Complexity (ECI) ECI -0.22Rnk 74 / 132
2023
Flag  
GDP$102BCURRENT US$
Rnk 70 / 195
2013-2023
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 95 / 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 $2,850CURRENT US$
Rnk 144 / 195
2013-2023
Flag
GDP PC GROWTH15.7%CURRENT US$
Rnk 116 / 195
2023
Flag
GDP PC$79,637CURRENT US$
Rnk 11 / 196
2013-2023
Flag
GDP PC GROWTH59.9%CURRENT US$
Rnk 31 / 195

About

Uzbekistan-Iceland Trade: In 2023, Uzbekistan exported $4.05M to Iceland. The main products that Uzbekistan exported to Iceland were Non-Retail Pure Cotton Yarn ($2.16M), House Linens ($1.86M), and Refined Petroleum ($14.2k). Over the past 5 years the exports of Uzbekistan to Iceland have increased at an annualized rate of 138%, from $53.3k in 2018 to $4.05M in 2023.

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

Iceland-Uzbekistan Trade: In 2023, Iceland exported $19.2k to Uzbekistan. The main products that Iceland exported to Uzbekistan were Processed Fish ($14k) and Hard Liquor ($5.2k). Over the past 5 years the exports of Iceland to Uzbekistan have decreased at an annualized rate of 10%,  from $32.5k in 2018 to $19.2k in 2023.

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

Comparison In 2023,  Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22),  and 72 in total exports ($24.3B). 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, Uzbekistan exported $4.05M to Iceland. The main products exported from Uzbekistan to Iceland were Non-Retail Pure Cotton Yarn ($2.16M), House Linens ($1.86M), and Refined Petroleum ($14.2k). During the last 5 years the exports of Uzbekistan to Iceland have increased at an annualized rate of 138%, from $53.3k in 2018 to $4.05M in 2023.

In 2018, Iceland exported $19.2k to Uzbekistan. The main products exported from Iceland to Uzbekistan were Processed Fish ($14k) and Hard Liquor ($5.2k). During the last 5 years the exports of Iceland to Uzbekistan have decreased at an annualized rate of 10%, from $32.5k in 2023 to $19.2k in 2018.

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

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

Latest Data

Trade between Uzbekistan (Flag) and Iceland (Flag)

Iceland Exports

Date

Market Competitiveness

Color
Uzbekistan
Top DestinationSwitzerland$8.18B
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 2023, countries that imported more from Uzbekistan than Iceland included Switzerland ($8.18B), Russia ($3.02B), and United Kingdom ($2.65B).

In 2023, countries that imported more from Iceland than Uzbekistan included Netherlands ($1.97B), Germany ($771M), and United States ($735M).

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

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 2023, Uzbekistan had a large net trade with Iceland in the exports of Textiles ($4.02M), Mineral Products ($14.2k), and Vegetable Products ($10.8k).

During 2018, Iceland had a large net trade with Uzbekistan in the exports of Foodstuffs ($19.2k).

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) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms