Greenland (GRL) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Greenland-Spain Trade: 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). Over the past 5 years the exports of Greenland to Spain have increased at an annualized rate of 8.57%, from $5.41M in 2017 to $8.15M in 2022.

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

Spain-Greenland Trade: In 2022, Spain exported $1.96M to Greenland. The main products that Spain exported to Greenland were Industrial Fatty Acids, Oils and Alcohols ($1.41M), Other Agricultural Machinery ($153k), and Other Firearms ($111k). Over the past 5 years the exports of Spain to Greenland have increased at an annualized rate of 2.31%, from $1.75M in 2017 to $1.96M in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 5 years the exports of Greenland to Spain have increased at an annualized rate of 8.57%, from $5.41M in 2017 to $8.15M in 2022.

In 2017, 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 5 years the exports of Spain to Greenland have increased at an annualized rate of 2.31%, from $1.75M in 2022 to $1.96M in 2017.

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

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

Latest Data

Trade between Greenland () and Spain ()

Greenland Exports

Date

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greenland
Top DestinationDenmark$731M

Spain
Top DestinationFrance$65.2B

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

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

In 2022, countries that imported more from Spain than Greenland included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage Greenland - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2017, Spain had a large net trade with Greenland in the exports of Chemical Products ($1.44M), Machines ($192k), and Weapons ($115k).

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 Spain. This means that a dot/product with the flag of Greenland indicates it has a comparative advantage over Spain. Similarly, a dot/product with the flag of Spain indicates it has a comparative advantage over Greenland.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Greenland () and Spain ()

Greenland Exports

Spain Exports

Market Competitiveness

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

Comparative Advantage Greenland - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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