2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186

About

Canada-Greenland In 2022, Canada exported $27.8M to Greenland. The main products that Canada exported to Greenland are Work Trucks ($5.49M), Large Construction Vehicles ($4.88M), and Other Construction Vehicles ($3.43M). During the last 27 years the exports of Canada to Greenland have increased at an annualized rate of 6.84%, from $4.67M in 1995 to $27.8M in 2022.

In 2022, Canada did not export any services to Greenland.

Greenland-Canada In 2022, Greenland exported $1.79M to Canada. The main products that Greenland exported to Canada were Fish Fillets ($1M), Other Inedible Animal Products ($375k), and Crustaceans ($180k). During the last 27 years the exports of Greenland to Canada have decreased at an annualized rate of 0.21%, from $1.89M in 1995 to $1.79M in 2022.

In 2022, Greenland did not export any services to Canada.

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.85),  and 9 in total exports ($587B). That same year, Greenland ranked 152 in total exports ($1.49B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $27.8M to Greenland. The main products exported from Canada to Greenland were Work Trucks ($5.49M), Large Construction Vehicles ($4.88M), and Other Construction Vehicles ($3.43M). During the last 27 years the exports of Canada to Greenland have increased at an annualized rate of 6.84%, from $4.67M in 1995 to $27.8M in 2022.

In 2022, Greenland exported $1.79M to Canada. The main products exported from Greenland to Canada were Fish Fillets ($1M), Other Inedible Animal Products ($375k), and Crustaceans ($180k). During the last 27 years the exports of Greenland to Canada have decreased at an annualized rate of 0.21%, from $1.89M in 1995 to $1.79M in 2022.

Exports from Canada (Flag) to Greenland (Flag) (2022)

Exports from Greenland (Flag) to Canada (Flag) (2022)

Market Competitiveness

Color
Canada
Top Destination
United States$438B
Greenland
Top Destination
Denmark$731M

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

In 2021, countries that imported more from Canada than Greenland were United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2021, countries that imported more from Greenland than Canada were Denmark ($731M).

Difference in imports from Greenland (Flag) and Canada (Flag) (2022)

Comparative Advantage Canada - Greenland

Flow
Scale

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

During 2022, Canada had a large net trade with Greenland in the exports of Machines ($15.1M), Transportation ($7.52M), and Textiles ($2.33M).

During 2022, Greenland had a large net trade with Canada in the exports of Animal Products ($1.74M), Transportation ($33.9k), and Chemical Products ($6.96k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Canada has comparative advantage over Greenland. Similarly, the more yellow a dot/product is, the more Greenland has comparative advantage over Canada.

Product Space of Canada (Flag) and Greenland (Flag) (2022)

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