2022
Flag  
GDP
$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH
0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC 
$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH
0%CURRENT US$
Rnk 143 / 186
2022
Flag
GDP PC
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186

About

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

Iceland-Somalia In N/A, Iceland did not export any products to Somalia.

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

Comparison In 2022,  Somalia ranked 167 in total exports ($569M). That same year, Iceland ranked 116 in total exports ($7.31B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Somalia does not register exports to Iceland. The main products exported from Somalia to Iceland were Citrus ($421), Knit Socks and Hosiery ($48), and Beauty Products ($20).

Iceland does not register exports to Somalia.

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

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

Market Competitiveness

Color
Somalia
Top Destination
United Arab Emirates$283M
Iceland
Top Destination
Netherlands$1.97B

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

In 2022, countries that imported more from Somalia than Iceland included United Arab Emirates ($283M), Oman ($173M), and Bulgaria ($18.5M).

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

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

Comparative Advantage Somalia - Iceland

Flow
Scale

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Iceland+N/AN/A
Top Product Potential Iceland Somalia+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

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

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