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2023
Flag → Flag
Exports $830MRnk 1 / 76
2023
Flag → Flag
Top Product $289MNon-fillet Frozen Fish
2023
Flag → Flag
Exports $647MRnk 33 / 217
2023
Flag → Flag
Top Product $17MOther Furniture
2023
Flag
Economic Complexity (ECI) ECI 1.13Rnk 22 / 132
2023
Flag
 GDP$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
GDP PC$68,454CURRENT US$
Rnk 14 / 196
2013-2023
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 129 / 195

About

Greenland-Denmark Trade: In 2023, Greenland exported $830M to Denmark. The main products that Greenland exported to Denmark were Non-fillet Frozen Fish ($289M), Crustaceans ($286M), and Processed Crustaceans ($160M). Over the past 5 years the exports of Greenland to Denmark have increased at an annualized rate of 8.26%, from $558M in 2018 to $830M in 2023.

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

Denmark-Greenland Trade: In 2023, Denmark exported $647M to Greenland. The main products that Denmark exported to Greenland were Other Furniture ($17M), Iron Toiletry ($15.9M), and Baked Goods ($14.3M). Over the past 5 years the exports of Denmark to Greenland have increased at an annualized rate of 8.33%,  from $434M in 2018 to $647M in 2023.

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

Comparison In 2023,  Greenland ranked 150 in total exports ($1.66B), and does not have data regarding Economic Complexity Index. That same year, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Greenland exported $830M to Denmark. The main products exported from Greenland to Denmark were Non-fillet Frozen Fish ($289M), Crustaceans ($286M), and Processed Crustaceans ($160M). During the last 5 years the exports of Greenland to Denmark have increased at an annualized rate of 8.26%, from $558M in 2018 to $830M in 2023.

In 2018, Denmark exported $647M to Greenland. The main products exported from Denmark to Greenland were Other Furniture ($17M), Iron Toiletry ($15.9M), and Baked Goods ($14.3M). During the last 5 years the exports of Denmark to Greenland have increased at an annualized rate of 8.33%, from $434M in 2023 to $647M in 2018.

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

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

Latest Data

Trade between Greenland (Flag) and Denmark (Flag)

Greenland Exports

Denmark Exports

Market Competitiveness

Color
Greenland
Top DestinationDenmark$830M
Denmark
Top DestinationGermany$14.8B

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

In 2023, countries that imported more from Denmark than Greenland included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

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

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 2023, Greenland had a large net trade with Denmark in the exports of Animal Products ($651M), Foodstuffs ($160M), and Transportation ($4.16M).

During 2018, Denmark had a large net trade with Greenland in the exports of Machines ($143M), Foodstuffs ($121M), and Metals ($79.1M).

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) (2023)

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