Greenland (GRL) and Denmark (DNK) Trade | The Observatory of Economic Complexity

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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.

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 2.82%, from $457M in 2017 to $587M in 2022.

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

Comparison In 2022, Greenland ranked 152 in total exports ($1.49B), and does not have data regarding Economic Complexity Index. That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 2017 to $731M in 2022.

In 2017, 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 2.82%, from $457M in 2022 to $587M in 2017.

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

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

Latest Data

Trade between Greenland () and Denmark ()

Greenland Exports

Date

Denmark Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greenland
Top DestinationDenmark$731M

Denmark
Top DestinationGermany$18.9B

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

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

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

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

Comparative Advantage Greenland - Denmark

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Greenland had a large net trade with Denmark in the exports of Animal Products ($560M), Foodstuffs ($162M), and Machines ($3.61M).

During 2017, Denmark had a large net trade with Greenland in the exports of Machines ($121M), Foodstuffs ($107M), and Metals ($80.1M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Greenland () and Denmark ()

Greenland Exports

Denmark Exports

Market Competitiveness

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

Comparative Advantage Greenland - Denmark

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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