2022
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GDP
$27.8BCURRENT US$
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2012-2022
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GDP GROWTH
88.7%CURRENT US$
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2022
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 GDP
$45.6BCURRENT US$
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2012-2022
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GDP GROWTH
66.8%CURRENT US$
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GDP PC 
$72,903CURRENT US$
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GDP PC GROWTH
58.5%CURRENT US$
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GDP PC
$964CURRENT US$
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2012-2022
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GDP PC GROWTH
21%CURRENT US$
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About

Iceland-Uganda In 2021, Iceland exported $157k to Uganda. The main products that Iceland exported to Uganda are N/A. During the last 26 years the exports of Iceland to Uganda have increased at an annualized rate of 1.2%, from $115k in 1995 to $157k in 2021.

In 2021, Iceland did not export any services to Uganda.

Uganda-Iceland In 2021, 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). During the last 26 years the exports of Uganda to Iceland have increased at an annualized rate of 5.54%, from $41.4k in 1995 to $168k in 2021.

In 2021, Uganda did not export any services to Iceland.

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. That same year, Uganda ranked 105 in the Economic Complexity Index (ECI -0.85), and 135 in total exports ($3.99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Iceland exported $157k to Uganda. There were not main exports from Iceland to Uganda in 2021. During the last 26 years the exports of Iceland to Uganda have increased at an annualized rate of 1.2%, from $115k in 1995 to $157k in 2021.

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 25 years the exports of Uganda to Iceland have increased at an annualized rate of 5.54%, from $41.4k in 1997 to $168k in 2022.

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

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

Latest Data

Trade between Iceland (Flag) and Uganda (Flag)

Iceland Exports

Market Competitiveness

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

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

In 2021, countries that imported more from Iceland than Uganda were Netherlands ($1.97B), United Kingdom ($672M), and Norway ($459M).

In 2021, countries that imported more from Uganda than Iceland were United Arab Emirates ($1.22B), India ($464M), and Hong Kong ($350M).

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

Comparative Advantage Iceland - Uganda

Flow
Scale

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

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

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

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 Uganda. Similarly, the more yellow a dot/product is, the more Uganda has comparative advantage over Iceland.

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

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