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Pricing

2022
Flag → Flag
Exports $15.6MRnk 174 / 223
2022
Flag → Flag
Top Product $2.37MSpark-Ignition Engines
2022
Flag → Flag
Exports $45.1MRnk 6 / 66
2022
Flag → Flag
Top Product $26.9MProcessed Crustaceans
2022
Flag
Economic Complexity (ECI) ECI 1.75Rnk 3 / 124
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186

About

Germany-Greenland In 2022, Germany exported $15.6M to Greenland. The main products that Germany exported to Greenland are Spark-Ignition Engines ($2.37M), Gas Turbines ($1.62M), and Special purpose motor vehicles ($1.18M). During the last 27 years the exports of Germany to Greenland have increased at an annualized rate of 1.44%, from $10.6M in 1995 to $15.6M in 2022.

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

Greenland-Germany In 2022, Greenland exported $45.1M to Germany. The main products that Greenland exported to Germany were Processed Crustaceans ($26.9M), Crustaceans ($7.05M), and Fish: dried, salted, smoked or in brine ($4.36M). During the last 27 years the exports of Greenland to Germany have increased at an annualized rate of 11.2%, from $2.59M in 1995 to $45.1M in 2022.

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

Comparison In 2022,  Germany ranked 3 in the Economic Complexity Index (ECI 1.75),  and 3 in total exports ($1.6T). That same year, Greenland ranked 152 in total exports ($1.49B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, Germany exported €834k and imported €2.73M from Greenland, resulting in a negative trade balance of €1.9M. Between January 2023 and January 2024 the exports of Germany have increased by €161k (23.9%) from €673k to €834k, while imports increased by €2.05M (300%) from €682k to €2.73M.

Trade In January 2024, the top exports of Germany to Greenland were Telecommunication devices and apparatus (€179k), Pharmaceutical products (€110k), Other food of vegetable origin (€55k), Footwear (€48k), and Other machinery (€42k). In January 2024 the top imports of Germany from Greenland were Fish and crustaceans, molluscs (€540k), Office and automatic data processing machines (€96k), Machinery for electricity production, distribution (€24k), Returned goods (€16k), and Articles of paper (€3k).

Origins In January 2024 the exports of Germany were mainly from North Rhine-Westphalia (€184k), Berlin (€81k), Hamburg (€22k), Schleswig-Holstein (€12k), and Saxony (€11k), while imports destinations were mainly Lower Saxony (€2.24M), Hamburg (€238k), North Rhine-Westphalia (€174k), and Schleswig-Holstein (€16k).

Growth In January 2024, the increase in Germany's year-by-year exports to Greenland was explained primarily by an increase in product exports in Telecommunication devices and apparatus (€161k or 894%), Pharmaceutical products (€107k or 3.57k%), and Other food of vegetable origin (€53k or 2.65k%). In January 2024, the increase in Germany's year-by-year imports  from Greenland was explained primarily by an increase in product imports  in Fish and crustaceans, molluscs (€175k or 47.9%), Returned goods (€15k or 1.5k%), and Machinery for electricity production, distribution (€12k or 100%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)€161k(23.9%)
IMPORT GROWTH (January 2023 - January 2024)€2.05M(300%)
MAIN EXPORTER (January 2024)North Rhine-Westphalia€184k

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Greenland and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $15.6M to Greenland. The main products exported from Germany to Greenland were Spark-Ignition Engines ($2.37M), Gas Turbines ($1.62M), and Special purpose motor vehicles ($1.18M). During the last 27 years the exports of Germany to Greenland have increased at an annualized rate of 1.44%, from $10.6M in 1995 to $15.6M in 2022.

In 2022, Greenland exported $45.1M to Germany. The main products exported from Greenland to Germany were Processed Crustaceans ($26.9M), Crustaceans ($7.05M), and Fish: dried, salted, smoked or in brine ($4.36M). During the last 27 years the exports of Greenland to Germany have increased at an annualized rate of 11.2%, from $2.59M in 1995 to $45.1M in 2022.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Greenland
Top DestinationDenmark$731M

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

In 2021, countries that imported more from Germany than Greenland were United States ($153B), France ($120B), and Netherlands ($109B).

In 2019, no countries were registered that imported more from Greenland than from Germany.

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

Comparative Advantage Germany - Greenland

Flow
Scale

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

During 2022, Germany had a large net trade with Greenland in the exports of Machines ($7.05M), Transportation ($2.81M), and Foodstuffs ($1.19M).

During 2022, Greenland had a large net trade with Germany in the exports of Foodstuffs ($27.3M), Animal Products ($16.3M), and Machines ($1.07M).

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 Germany has comparative advantage over Greenland. Similarly, the more yellow a dot/product is, the more Greenland has comparative advantage over Germany.

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

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