Iceland (ISL) and Kiribati (KIR) Trade | The Observatory of Economic Complexity

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Iceland (ISL) and Kiribati (KIR) Trade

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Exports $3.23kRnk 113 / 0

2022

GDP$27.8BCURRENT US$
Rnk 107 / 186

2012-2022

GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186

2022

GDP$223MCURRENT US$
Rnk 184 / 186

2012-2022

GDP GROWTH17.8%CURRENT US$
Rnk 126 / 186

2022

GDP PC $72,903CURRENT US$
Rnk 9 / 186

2012-2022

GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186

2022

GDP PC$1,702CURRENT US$
Rnk 152 / 186

2012-2022

GDP PC GROWTH0.18%CURRENT US$
Rnk 138 / 186

Image 1

Image by Rachel D
Link: https://flic.kr/p/cwN88f

Image 2

Image by Calvin Smith
Link: https://flic.kr/p/nSpYMu

Historical Data
Economic Complexity

About

In N/A, Iceland did not export any services to Kiribati.

Kiribati-Iceland Trade: In N/A, Kiribati exported $3.23k to Iceland. The main products that Kiribati exported to Iceland were N/A. Over the past N/A years the exports of Kiribati to Iceland have decreased at an annualized rate of 18.1%, from $8.78k in N/A to $3.23k in N/A.

In N/A, Kiribati did not export any services to Iceland.

Comparison In 2022, Iceland ranked 116 in total exports ($7.31B). That same year, Kiribati ranked 195 in total exports ($115M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Iceland does not register exports to Kiribati.

In 2016, Kiribati exported $3.23k to Iceland. There were not main exports from Kiribati to Iceland in 2016. During the last 5 years the exports of Kiribati to Iceland have decreased at an annualized rate of 18.1%, from $8.78k in 2021 to $3.23k in 2016.

Exports from Iceland () to Kiribati () (2021)

Exports from Kiribati () to Iceland () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iceland
Top DestinationNetherlands$1.97B

Kiribati
Top DestinationThailand$63.2M

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

In 2022, countries that imported more from Iceland than Kiribati included Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

In 2022, countries that imported more from Kiribati than Iceland included Thailand ($63.2M), Philippines ($17.7M), and Indonesia ($9.64M).

Difference in imports from Kiribati () and Iceland () (2022)

Comparative Advantage Iceland - Kiribati

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

Economic Complexity

Competitive Landscape

Year

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

Product Space of Iceland () and Kiribati () (2021)

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Kiribati
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Kiribati

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