2022
Flag
 GDP
$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP GROWTH
3.7%CURRENT US$
Rnk 157 / 186
2022
Flag
GDP PC
$40,964CURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP PC GROWTH
0.23%CURRENT US$
Rnk 137 / 186

About

Greenland-France Trade: In 2022, Greenland exported $3.07M to France. The main products that Greenland exported to France were Precious Stones ($3M), Thermostats ($14.4k), and Compasses ($13.8k). Over the past 5 years the exports of Greenland to France have decreased at an annualized rate of 2.53%, from $3.48M in 2017 to $3.07M in 2022.

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

France-Greenland Trade: In 2022, France exported $99.5M to Greenland. The main products that France exported to Greenland were Planes, Helicopters, and/or Spacecraft ($93M), Aircraft Parts ($4.4M), and Other Measuring Instruments ($390k). Over the past 5 years the exports of France to Greenland have increased at an annualized rate of 32.5%,  from $24.4M in 2017 to $99.5M in 2022.

In 2022, France 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, France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greenland exported $3.07M to France. The main products exported from Greenland to France were Precious Stones ($3M), Thermostats ($14.4k), and Compasses ($13.8k). During the last 5 years the exports of Greenland to France have decreased at an annualized rate of 2.53%, from $3.48M in 2017 to $3.07M in 2022.

In 2017, France exported $99.5M to Greenland. The main products exported from France to Greenland were Planes, Helicopters, and/or Spacecraft ($93M), Aircraft Parts ($4.4M), and Other Measuring Instruments ($390k). During the last 5 years the exports of France to Greenland have increased at an annualized rate of 32.5%, from $24.4M in 2022 to $99.5M in 2017.

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

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

Latest Data

Trade between Greenland (Flag) and France (Flag)

Greenland Exports

Date

France Exports

Market Competitiveness

Color
Greenland
Top Destination
Denmark$731M
France
Top Destination
Germany$78.3B

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

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

In 2022, countries that imported more from France than Greenland included Germany ($78.3B), Italy ($56.4B), and United States ($50B).

Difference in imports from France (Flag) and Greenland (Flag) (2022)

Comparative Advantage Greenland - France

Flow
Scale

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

During 2022, Greenland had a large net trade with France in the exports of Precious Metals ($3M), Machines ($36k), and Instruments ($28.7k).

During 2017, France had a large net trade with Greenland in the exports of Transportation ($97.4M), Machines ($705k), and Instruments ($596k).

Economic Complexity

Competitive Landscape

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

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

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