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Pricing

2022
Flag → Flag
Exports $1.96MRnk 187 / 218
2022
Flag → Flag
Top Product $1.41MIndustrial Fatty Acids, Oils and Alcohols
2022
Flag → Flag
Exports $8.15MRnk 13 / 66
2022
Flag → Flag
Top Product $4.96MFish: dried, salted, smoked or in brine
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186

About

Spain-Greenland In 2022, Spain exported $1.96M to Greenland. The main products that Spain exported to Greenland are Industrial Fatty Acids, Oils and Alcohols ($1.41M), Other Agricultural Machinery ($153k), and Other Firearms ($111k). During the last 27 years the exports of Spain to Greenland have increased at an annualized rate of 6.39%, from $369k in 1995 to $1.96M in 2022.

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

Greenland-Spain In 2022, Greenland exported $8.15M to Spain. The main products that Greenland exported to Spain were Fish: dried, salted, smoked or in brine ($4.96M), Fish Fillets ($1.81M), and Non-fillet Frozen Fish ($918k). During the last 27 years the exports of Greenland to Spain have increased at an annualized rate of 6.23%, from $1.6M in 1995 to $8.15M in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8),  and 20 in total exports ($394B). 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, Spain exported €4.1k and imported €830k from Greenland, resulting in a negative trade balance of €826k. Between January 2023 and January 2024 the exports of Spain have decreased by €-84.9k (-95.4%) from €89.1k to €4.1k, while imports decreased by €-310k (-27.2%) from €1.14M to €830k.

Trade In January 2024, the top exports of Spain to Greenland were Prepr binder for foundry (€82.8k), Leather Footwear (€3.74k), Commodities not elsewhere specified (€1.68k), Electric Musical Instruments (€488), and Non-Knit Women's Suits (€180). In January 2024 the top imports of Spain from Greenland were Fish: dried, salted, smoked or in... (€790k), Fish Fillets (€285k), Non-fillet Frozen Fish (€60.7k), and Processed Crustaceans (€3.32k).

Origins In January 2024 the exports of Spain were mainly from Guadalajara (€2.27k), Madrid (€1k), Barcelona (€665), and Valencia (€166), while imports destinations were mainly Navarra (€612k), Pontevedra (€159k), Madrid (€32.6k), Valencia (€17.1k), and Barcelona (€9.45k).

Growth In January 2024, the decrease in Spain's year-by-year exports to Greenland was explained primarily by an decrease in product exports in Prepr binder for foundry (€-77k or -48.2%) and Commodities not elsewhere specified (€-596 or -26.2%). In January 2024, the decrease in Spain's year-by-year imports  from Greenland was explained primarily by an decrease in product imports  in Non-fillet Frozen Fish (€-208k or -77.4%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€-84.9k(-95.4%)
IMPORT GROWTH (January 2023 - January 2024)€-310k(-27.2%)
MAIN EXPORTER (January 2024)Guadalajara€2.27k

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

To check Greenland and Spain 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, Spain exported $1.96M to Greenland. The main products exported from Spain to Greenland were Industrial Fatty Acids, Oils and Alcohols ($1.41M), Other Agricultural Machinery ($153k), and Other Firearms ($111k). During the last 27 years the exports of Spain to Greenland have increased at an annualized rate of 6.39%, from $369k in 1995 to $1.96M in 2022.

In 2022, Greenland exported $8.15M to Spain. The main products exported from Greenland to Spain were Fish: dried, salted, smoked or in brine ($4.96M), Fish Fillets ($1.81M), and Non-fillet Frozen Fish ($918k). During the last 27 years the exports of Greenland to Spain have increased at an annualized rate of 6.23%, from $1.6M in 1995 to $8.15M in 2022.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Greenland
Top DestinationDenmark$731M

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

In 2021, countries that imported more from Spain than Greenland were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

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

Comparative Advantage Spain - Greenland

Flow
Scale

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

During 2022, Spain had a large net trade with Greenland in the exports of Chemical Products ($1.44M), Machines ($192k), and Weapons ($115k).

During 2022, Greenland had a large net trade with Spain in the exports of Animal Products ($7.98M), Foodstuffs ($168k), and Instruments ($2.63k).

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

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

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