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2022
Flag → Flag
Exports $587MRnk 31 / 218
2022
Flag → Flag
Top Product $14.8MIron Toiletry
2022
Flag → Flag
Exports $731MRnk 1 / 66
2022
Flag → Flag
Top Product $273MCrustaceans
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag  
GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
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GDP PC $66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186

About

Denmark-Greenland Trade: In 2022, Denmark exported $587M to Greenland. The main products that Denmark exported to Greenland were Iron Toiletry ($14.8M), Iron Structures ($13.5M), and Large Construction Vehicles ($13.3M). Over the past 5 years the exports of Denmark to Greenland have increased at an annualized rate of 5.13%, from $457M in 2017 to $587M in 2022.

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

Greenland-Denmark Trade: In 2022, Greenland exported $731M to Denmark. The main products that Greenland exported to Denmark were Crustaceans ($273M), Non-fillet Frozen Fish ($237M), and Processed Crustaceans ($162M). Over the past 5 years the exports of Greenland to Denmark have increased at an annualized rate of 8.3%,  from $491M in 2017 to $731M in 2022.

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

Comparison In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01),  and 37 in total exports ($122B). 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, Denmark exported $587M to Greenland. The main products exported from Denmark to Greenland were Iron Toiletry ($14.8M), Iron Structures ($13.5M), and Large Construction Vehicles ($13.3M). During the last 5 years the exports of Denmark to Greenland have increased at an annualized rate of 5.13%, from $457M in 2017 to $587M in 2022.

In 2017, Greenland exported $731M to Denmark. The main products exported from Greenland to Denmark were Crustaceans ($273M), Non-fillet Frozen Fish ($237M), and Processed Crustaceans ($162M). During the last 5 years the exports of Greenland to Denmark have increased at an annualized rate of 8.3%, from $491M in 2022 to $731M in 2017.

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

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

Latest Data

Trade between Denmark (Flag) and Greenland (Flag)

Denmark Exports

Greenland Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$18.9B
Greenland
Top DestinationDenmark$731M

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

In 2022, countries that imported more from Denmark than Greenland included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

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

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

Comparative Advantage Denmark - Greenland

Flow
Scale

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

During 2022, Denmark had a large net trade with Greenland in the exports of Machines ($121M), Foodstuffs ($107M), and Metals ($80.1M).

During 2017, Greenland had a large net trade with Denmark in the exports of Animal Products ($560M), Foodstuffs ($162M), and Machines ($3.61M).

Economic Complexity

Competitive Landscape

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

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

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