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2022
Flag → Flag
Exports $86MRnk 3 / 66
2022
Flag → Flag
Top Product $52.4MProcessed Crustaceans
2022
Flag → Flag
Exports $2.85MRnk 196 / 224
2022
Flag → Flag
Top Product $338kComputers
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Greenland-United Kingdom Trade: In 2022, Greenland exported $86M to United Kingdom. The main products that Greenland exported to United Kingdom were Processed Crustaceans ($52.4M), Fish Fillets ($32.3M), and Crustaceans ($901k). Over the past 5 years the exports of Greenland to United Kingdom have increased at an annualized rate of 64.7%, from $7.09M in 2017 to $86M in 2022.

In 2022, Greenland did not export any services to United Kingdom.

United Kingdom-Greenland Trade: In 2022, United Kingdom exported $2.85M to Greenland. The main products that United Kingdom exported to Greenland were Computers ($338k), Other Construction Vehicles ($299k), and Other Iron Products ($251k). Over the past 5 years the exports of United Kingdom to Greenland have decreased at an annualized rate of 12.7%,  from $8.42M in 2017 to $2.85M in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greenland exported $86M to United Kingdom. The main products exported from Greenland to United Kingdom were Processed Crustaceans ($52.4M), Fish Fillets ($32.3M), and Crustaceans ($901k). During the last 5 years the exports of Greenland to United Kingdom have increased at an annualized rate of 64.7%, from $7.09M in 2017 to $86M in 2022.

In 2017, United Kingdom exported $2.85M to Greenland. The main products exported from United Kingdom to Greenland were Computers ($338k), Other Construction Vehicles ($299k), and Other Iron Products ($251k). During the last 5 years the exports of United Kingdom to Greenland have decreased at an annualized rate of 12.7%, from $8.42M in 2022 to $2.85M in 2017.

Exports from Greenland (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Greenland (Flag) (2022)

Latest Data

Trade between Greenland (Flag) and United Kingdom (Flag)

Greenland Exports

United Kingdom Exports

Market Competitiveness

Color
Greenland
Top DestinationN/AN/A
United Kingdom
Top DestinationN/AN/A

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

N/A

N/A

Difference in imports from United Kingdom (Flag) and Greenland (Flag) (2022)

Comparative Advantage Greenland - United Kingdom

Flow
Scale

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

During 2022, Greenland had a large net trade with United Kingdom in the exports of Foodstuffs ($52.7M), Animal Products ($33.2M), and Precious Metals ($53.4k).

During 2017, United Kingdom had a large net trade with Greenland in the exports of Machines ($1.25M), Metals ($922k), and Transportation ($260k).

Economic Complexity

Competitive Landscape

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

Product Space of Greenland (Flag) and United Kingdom (Flag) (2022)

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