Macau (MAC) and Iceland (ISL) Trade | The Observatory of Economic Complexity

Macau-Iceland Trade: In 2022, Macau exported $29.4k to Iceland. The main products that Macau exported to Iceland were Knit Men's Undergarments ($8.41k), Paper Notebooks ($6.75k), and Knit Sweaters ($2.98k). Over the past 6 years the exports of Macau to Iceland have increased at an annualized rate of 5.91%, from $20.8k in 2016 to $29.4k in 2022.

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

Iceland-Macau Trade: In 2022, Iceland exported $323k to Macau. The main products that Iceland exported to Macau were Fish: dried, salted, smoked or in brine ($279k), Beauty Products ($21.7k), and Trunks and Cases ($10.5k). Over the past 6 years the exports of Iceland to Macau have increased at an annualized rate of 15.8%, from $155k in 2016 to $323k in 2022.

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

Comparison In 2022, Macau ranked 146 in total exports ($1.88B). That same year, Iceland ranked 116 in total exports ($7.31B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Latest Data

Trade between Macau () and Iceland ()

Iceland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Macau
Top DestinationHong Kong$1.22B

Iceland
Top DestinationNetherlands$1.97B

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

In 2022, countries that imported more from Macau than Iceland included Hong Kong ($1.22B), Israel ($37.4M), and Romania ($24.1M).

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

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

Potential Exports

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Economic Complexity

Competitive Landscape

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

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Historical Data

Latest Data

Trade between Macau () and Iceland ()

Iceland Exports

Market Competitiveness

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

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Macau () and Iceland () (NaN)

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