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2022
Flag → Flag
Exports $731MRnk 1 / 66
2022
Flag → Flag
Top Product $273MCrustaceans
2022
Flag → Flag
Exports $587MRnk 31 / 218
2022
Flag → Flag
Top Product $14.8MIron Toiletry
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
Flag
GDP PC$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186

About

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 5.13%,  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
Value

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 5.13%, from $457M in 2022 to $587M in 2017.

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

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

Latest Data

Trade between Greenland (Flag) and Denmark (Flag)

Greenland Exports

Denmark Exports

Market Competitiveness

Color
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 (Flag) and Greenland (Flag) (2022)

Comparative Advantage Greenland - Denmark

Flow
Scale

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).

Economic Complexity

Competitive Landscape

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.

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

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