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2023
Flag → Flag
Exports $8.19MRnk 13 / 76
2023
Flag → Flag
Top Product $5.07MDried/Salted/Smoked/Brined Fish
2023
Flag → Flag
Exports $90.3MRnk 116 / 220
2023
Flag → Flag
Top Product $70.2MFishing Ships
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 / 196
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $8.19M in 2023.

In 2018, 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 2023 to $90.3M in 2018.

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

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

Latest Data

Trade between Greenland (Flag) and Spain (Flag)

Greenland Exports

Spain Exports

Market Competitiveness

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

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

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

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

Comparative Advantage Greenland - Spain

Flow
Scale

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

During 2023, Greenland had a large net trade with Spain in the exports of Animal Products ($8.02M), Foodstuffs ($168k), and Textiles ($61).

During 2018, Spain had a large net trade with Greenland in the exports of Transportation ($72.2M), Mineral Products ($16.9M), and Chemical Products ($1.13M).

Economic Complexity

Competitive Landscape

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.

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

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