2022
Flag  
GDP
$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH
-17.4%CURRENT US$
Rnk 178 / 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 
$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH
-34.8%CURRENT US$
Rnk 180 / 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

Republic of the Congo-Iceland Trade: In 2022, Republic of the Congo exported $45.5k to Iceland. The main products that Republic of the Congo exported to Iceland were Sawn Wood ($45.5k) and Metal Mountings ($62). Over the past 8 years the exports of Republic of the Congo to Iceland have increased at an annualized rate of 93.2%, from $235 in 2014 to $45.5k in 2022.

In 2022, Republic of the Congo did not export any services to Iceland.

Iceland-Republic of the Congo Trade: In 2022, Iceland exported $3.46k to Republic of the Congo. The main products that Iceland exported to Republic of the Congo were N/A. Over the past 8 years the exports of Iceland to Republic of the Congo have decreased at an annualized rate of 86.7%,  from $82.5M in 2014 to $3.46k in 2022.

In 2022, Iceland did not export any services to Republic of the Congo.

Comparison In 2022,  Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42),  and 96 in total exports ($12.4B). That same year, Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Republic of the Congo exported $45.5k to Iceland. The main products exported from Republic of the Congo to Iceland were Sawn Wood ($45.5k) and Metal Mountings ($62). During the last 8 years the exports of Republic of the Congo to Iceland have increased at an annualized rate of 93.2%, from $235 in 2014 to $45.5k in 2022.

In 2016, Iceland exported $3.46k to Republic of the Congo. There were not main exports from Iceland to Republic of the Congo in 2016. During the last 5 years the exports of Iceland to Republic of the Congo have decreased at an annualized rate of 86.7%, from $82.5M in 2021 to $3.46k in 2016.

Exports from Republic of the Congo (Flag) to Iceland (Flag) (2022)

Exports from Iceland (Flag) to Republic of the Congo (Flag) (2022)

Latest Data

Trade between Republic of the Congo (Flag) and Iceland (Flag)

Iceland Exports

Date

Market Competitiveness

Color
Republic of the Congo
Top Destination
China$4.82B
Iceland
Top Destination
Netherlands$1.97B

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

In 2022, countries that imported more from Republic of the Congo than Iceland included China ($4.82B), India ($2.44B), and United Arab Emirates ($1.87B).

In 2022, countries that imported more from Iceland than Republic of the Congo included Netherlands ($1.97B), United Kingdom ($672M), and Germany ($573M).

Difference in imports from Iceland (Flag) and Republic of the Congo (Flag) (2022)

Comparative Advantage Republic of the Congo - Iceland

Flow
Scale

This chart compares trade between Republic of the Congo and Iceland by product, considering products traded by both, Republic of the Congo and Iceland.

During 2022, Republic of the Congo had a large net trade with Iceland in the exports of Wood Products ($45.5k) and Metals ($62).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Republic of the Congo Iceland+N/AN/A
Top Product Potential Iceland Republic of the Congo+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 Republic of the Congo and Iceland. This means that a dot/product with the flag of Republic of the Congo indicates it has a comparative advantage over Iceland. Similarly, a dot/product with the flag of Iceland indicates it has a comparative advantage over Republic of the Congo.

Product Space of Republic of the Congo (Flag) and Iceland (Flag) (2022)

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