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2023
Flag → Flag
Exports $919kRnk 25 / 76
2023
Flag → Flag
Top Product $753kPrecious Stones
2023
Flag → Flag
Exports $4.2MRnk 194 / 219
2023
Flag → Flag
Top Product $2.08MAircraft parts (gliders, balloons, and powered aircraft)
2023
Flag
Economic Complexity (ECI) ECI 1.34Rnk 16 / 132
2023
Flag
 GDP$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP GROWTH8.37%CURRENT US$
Rnk 159 / 195
2023
Flag
GDP PC$44,691CURRENT US$
Rnk 30 / 196
2013-2023
Flag
GDP PC GROWTH4.74%CURRENT US$
Rnk 146 / 195

About

Greenland-France Trade: In 2023, Greenland exported $919k to France. The main products that Greenland exported to France were Precious Stones ($753k), Aircraft parts (gliders, balloons, and powered aircraft) ($152k), and Other Floating Structures ($8.54k). Over the past 5 years the exports of Greenland to France have decreased at an annualized rate of 25.4%, from $3.99M in 2018 to $919k in 2023.

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

France-Greenland Trade: In 2023, France exported $4.2M to Greenland. The main products that France exported to Greenland were Aircraft parts (gliders, balloons, and powered aircraft) ($2.08M), Liquid Pumps ($211k), and Navigation Equipment ($143k). Over the past 5 years the exports of France to Greenland have decreased at an annualized rate of 8.94%,  from $6.71M in 2018 to $4.2M in 2023.

In 2023, France 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, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Greenland exported $919k to France. The main products exported from Greenland to France were Precious Stones ($753k), Aircraft parts (gliders, balloons, and powered aircraft) ($152k), and Other Floating Structures ($8.54k). During the last 5 years the exports of Greenland to France have decreased at an annualized rate of 25.4%, from $3.99M in 2018 to $919k in 2023.

In 2018, France exported $4.2M to Greenland. The main products exported from France to Greenland were Aircraft parts (gliders, balloons, and powered aircraft) ($2.08M), Liquid Pumps ($211k), and Navigation Equipment ($143k). During the last 5 years the exports of France to Greenland have decreased at an annualized rate of 8.94%, from $6.71M in 2023 to $4.2M in 2018.

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

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

Latest Data

Trade between Greenland (Flag) and France (Flag)

Greenland Exports

Date

France Exports

Market Competitiveness

Color
Greenland
Top DestinationDenmark$830M
France
Top DestinationGermany$72.8B

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

In 2023, countries that imported more from France than Greenland included Germany ($72.8B), Italy ($56.3B), and United States ($51.2B).

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

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 2023, Greenland had a large net trade with France in the exports of Precious Metals ($753k), Transportation ($160k), and Metals ($2.6k).

During 2018, France had a large net trade with Greenland in the exports of Transportation ($2.19M), Machines ($1.3M), and Instruments ($246k).

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) (2023)

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