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2022
Flag → Flag
Exports $724kRnk 79 / 160
2022
Flag → Flag
Top Product $719kRefined Petroleum
2022
Flag → Flag
Exports $14kRnk 103 / 0
2022
Flag  
GDP$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186
2022
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GDP PC $72,903CURRENT US$
Rnk 9 / 186
2012-2022
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GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186

About

Iceland-Gibraltar In 2022, Iceland exported $724k to Gibraltar. The main products that Iceland exported to Gibraltar are Refined Petroleum ($719k), Revenue Stamps ($5.09k), and Other Headwear ($22). During the last 20 years the exports of Iceland to Gibraltar have increased at an annualized rate of 48.5%, from $268 in 2002 to $724k in 2022.

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

Gibraltar-Iceland In 2022, Gibraltar exported $14k to Iceland. The main products that Gibraltar exported to Iceland were N/A. During the last 20 years the exports of Gibraltar to Iceland have increased at an annualized rate of 1.7%, from $10k in 2002 to $14k in 2022.

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

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B). That same year, Gibraltar ranked 173 in total exports ($411M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $724k to Gibraltar. The main products exported from Iceland to Gibraltar were Refined Petroleum ($719k), Revenue Stamps ($5.09k), and Other Headwear ($22). During the last 20 years the exports of Iceland to Gibraltar have increased at an annualized rate of 48.5%, from $268 in 2002 to $724k in 2022.

In 2021, Gibraltar exported $14k to Iceland. There were not main exports from Gibraltar to Iceland in 2021. During the last 2 years the exports of Gibraltar to Iceland have increased at an annualized rate of 1.7%, from $10k in 2019 to $14k in 2021.

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

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

Latest Data

Trade between Iceland (Flag) and Gibraltar (Flag)

Iceland Exports

Market Competitiveness

Color
Iceland
Top DestinationNetherlands$1.97B
Gibraltar
Top DestinationIreland$81.4M

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

In 2021, countries that imported more from Iceland than Gibraltar were Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

In 2021, countries that imported more from Gibraltar than Iceland were India ($72.9M), Ireland ($81.4M), and Brazil ($49M).

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

Comparative Advantage Iceland - Gibraltar

Flow
Scale

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

During 2022, Iceland had a large net trade with Gibraltar in the exports of Mineral Products ($719k), Arts and Antiques ($5.09k), and Footwear and Headwear ($22).

During 2021, Gibraltar had a large net trade with Iceland in the exports of .

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Iceland has comparative advantage over Gibraltar. Similarly, the more yellow a dot/product is, the more Gibraltar has comparative advantage over Iceland.

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

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