Armenia (ARM) and Greenland (GRL) Trade | The Observatory of Economic Complexity

About

In N/A, Armenia did not export any services to Greenland.

Greenland-Armenia Trade: In N/A, Greenland exported $1.28M to Armenia. The main products that Greenland exported to Armenia were Crustaceans ($1.28M). Over the past N/A years the exports of Greenland to Armenia have increased at an annualized rate of 163%, from $10.2k in N/A to $1.28M in N/A.

In N/A, Greenland did not export any services to Armenia.

Comparison In 2023, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B). That same year, Greenland ranked 150 in total exports ($1.66B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Armenia does not register exports to Greenland.

In 2018, Greenland exported $1.28M to Armenia. The main products exported from Greenland to Armenia were Crustaceans ($1.28M). During the last 5 years the exports of Greenland to Armenia have increased at an annualized rate of 163%, from $10.2k in 2023 to $1.28M in 2018.

Exports from Armenia () to Greenland () (2023)

Exports from Greenland () to Armenia () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Armenia
Top DestinationRussia$3.38B

Greenland
Top DestinationDenmark$830M

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

In 2023, countries that imported more from Armenia than Greenland included Russia ($3.38B), United Arab Emirates ($2.25B), and Hong Kong ($669M).

In 2023, countries that imported more from Greenland than Armenia included Denmark ($830M), United Kingdom ($89.7M), and Japan ($79.6M).

Difference in imports from Greenland () and Armenia () (2023)

Comparative Advantage Armenia - Greenland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Armenia and Greenland by product, considering products traded by both, Armenia and Greenland.

During 2018, Greenland had a large net trade with Armenia in the exports of Animal Products ($1.28M).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Armenia () to Greenland () (2023)

Exports from Greenland () to Armenia () (2023)

Market Competitiveness

Difference in imports from Greenland () and Armenia () (2023)

Comparative Advantage Armenia - Greenland

Economic Complexity

Competitive Landscape

Product Space of Armenia () and Greenland () (2023)

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