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2023
Flag → Flag
Exports $90.3MRnk 116 / 220
2023
Flag → Flag
Top Product $70.2MFishing Ships
2023
Flag → Flag
Exports $8.19MRnk 13 / 76
2023
Flag → Flag
Top Product $5.07MDried/Salted/Smoked/Brined Fish
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195

About

Spain-Greenland Trade: In 2023, Spain exported $90.3M to Greenland. The main products that Spain exported to Greenland were Fishing Ships ($70.2M), Refined Petroleum ($16.9M), and Aircraft Launch Gear ($1.83M). Over the past 5 years the exports of Spain to Greenland have decreased at an annualized rate of 1.11%, from $95.5M in 2018 to $90.3M in 2023.

In 2023, Spain did not export any services to Greenland.

Greenland-Spain Trade: In 2023, Greenland exported $8.19M to Spain. The main products that Greenland exported to Spain were Dried/Salted/Smoked/Brined Fish ($5.07M), Fish Fillets ($2.55M), and Non-fillet Frozen Fish ($387k). Over the past 5 years the exports of Greenland to Spain have increased at an annualized rate of 2.19%,  from $7.35M in 2018 to $8.19M in 2023.

In 2023, Greenland did not export any services to Spain.

Comparison In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86),  and 16 in total exports ($402B). That same year, Greenland ranked 150 in total exports ($1.66B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Spain exported €209k and imported €1.12M from Greenland, resulting in a negative trade balance of €906k. Between November 2023 and November 2024 the exports of Spain have increased by €134k (180%) from €74.5k to €209k, while imports increased by €485k (77.1%) from €630k to €1.12M.

Trade In November 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 November 2024 the top imports of Spain from Greenland were Dried/Salted/Smoked/Brined Fish (€790k), Fish Fillets (€285k), Non-fillet Frozen Fish (€60.7k), and Processed Crustaceans (€3.32k).

Origins In November 2024 the exports of Spain were mainly from Barcelona (€151k), Pontevedra (€51.2k), Guipúzcoa (€4.91k), Guadalajara (€1.02k), and Sin provincia asignada (€663), while imports destinations were mainly Navarra (€631k), Pontevedra (€469k), and Barcelona (€3.29k).

Growth In November 2024, the increase in Spain's year-by-year exports to Greenland was explained primarily by an increase in product exports in Leather Footwear (€3.54k or 1.78k%) and Non-Knit Women's Suits (€59.9 or 50%). In November 2024, the increase in Spain's year-by-year imports  from Greenland was explained primarily by an increase in product imports  in Dried/Salted/Smoked/Brined Fish (€300k or 61.3%), Fish Fillets (€281k or 6.53k%), and Processed Crustaceans (€53.7 or 1.65%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€134k(180%)
IMPORT GROWTH (November 2023 - November 2024)€485k(77.1%)
MAIN EXPORTER (November 2024)Barcelona€151k

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 2023, Spain exported $90.3M to Greenland. The main products exported from Spain to Greenland were Fishing Ships ($70.2M), Refined Petroleum ($16.9M), and Aircraft Launch Gear ($1.83M). During the last 5 years the exports of Spain to Greenland have decreased at an annualized rate of 1.11%, from $95.5M in 2018 to $90.3M in 2023.

In 2018, Greenland exported $8.19M to Spain. The main products exported from Greenland to Spain were Dried/Salted/Smoked/Brined Fish ($5.07M), Fish Fillets ($2.55M), and Non-fillet Frozen Fish ($387k). During the last 5 years the exports of Greenland to Spain have increased at an annualized rate of 2.19%, from $7.35M in 2023 to $8.19M in 2018.

Exports from Spain (Flag) to Greenland (Flag) (2023)

Exports from Greenland (Flag) to Spain (Flag) (2023)

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Greenland
Top DestinationDenmark$830M

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 2023, countries that imported more from Spain than Greenland included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

In 2023, no countries were registered that imported more from Greenland than from Spain.

Difference in imports from Greenland (Flag) and Spain (Flag) (2023)

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 2023, Spain had a large net trade with Greenland in the exports of Transportation ($72.2M), Mineral Products ($16.9M), and Chemical Products ($1.13M).

During 2018, Greenland had a large net trade with Spain in the exports of Animal Products ($8.02M), Foodstuffs ($168k), and Textiles ($61).

Economic Complexity

Competitive Landscape

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

Product Space of Spain (Flag) and Greenland (Flag) (2023)

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