2022
Flag  
GDP
$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 128 / 186
2022
Flag
GDP PC 
$92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH
7.3%CURRENT US$
Rnk 125 / 186

About

Switzerland-Greenland Trade: In 2022, Switzerland exported $1.13M to Greenland. The main products that Switzerland exported to Greenland were Aircraft Launch Gear ($808k), Surveying Equipment ($295k), and Other toys ($17.8k). Over the past 5 years the exports of Switzerland to Greenland have increased at an annualized rate of 24.6%, from $378k in 2017 to $1.13M in 2022.

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

Greenland-Switzerland Trade: In 2022, Greenland exported $1.14M to Switzerland. The main products that Greenland exported to Switzerland were Processed Crustaceans ($710k), Raw Nickel ($232k), and Vitamins ($56.5k). Over the past 5 years the exports of Greenland to Switzerland have increased at an annualized rate of 97.1%,  from $38.2k in 2017 to $1.14M in 2022.

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

Comparison In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97),  and 17 in total exports ($402B). 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, Switzerland exported $1.13M to Greenland. The main products exported from Switzerland to Greenland were Aircraft Launch Gear ($808k), Surveying Equipment ($295k), and Other toys ($17.8k). During the last 5 years the exports of Switzerland to Greenland have increased at an annualized rate of 24.6%, from $378k in 2017 to $1.13M in 2022.

In 2017, Greenland exported $1.14M to Switzerland. The main products exported from Greenland to Switzerland were Processed Crustaceans ($710k), Raw Nickel ($232k), and Vitamins ($56.5k). During the last 5 years the exports of Greenland to Switzerland have increased at an annualized rate of 97.1%, from $38.2k in 2022 to $1.14M in 2017.

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

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

Latest Data

Trade between Switzerland (Flag) and Greenland (Flag)

Switzerland Exports

Greenland Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Greenland
Top Destination
Denmark$731M

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

In 2022, countries that imported more from Switzerland than Greenland included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2022, no countries were registered that imported more from Greenland than from Switzerland.

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

Comparative Advantage Switzerland - Greenland

Flow
Scale

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

During 2022, Switzerland had a large net trade with Greenland in the exports of Transportation ($810k), Instruments ($299k), and Miscellaneous ($20.9k).

During 2017, Greenland had a large net trade with Switzerland in the exports of Foodstuffs ($711k), Metals ($232k), and Precious Metals ($57.5k).

Economic Complexity

Competitive Landscape

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

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

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