2022
Flag
 GDP
$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH
-9.49%CURRENT US$
Rnk 174 / 186
2022
Flag
GDP PC
$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH
-5.39%CURRENT US$
Rnk 154 / 186

About

Greenland-Greece Trade: In 2022, Greenland exported $161k to Greece. The main products that Greenland exported to Greece were Fish Fillets ($161k). Over the past 15 years the exports of Greenland to Greece have increased at an annualized rate of 3.7%, from $93.1k in 2007 to $161k in 2022.

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

Greece-Greenland Trade: In 2022, Greece exported $20.4M to Greenland. The main products that Greece exported to Greenland were Refined Petroleum ($20.3M), Ethers ($15.5k), and Imitation Jewellery ($1.55k). Over the past 15 years the exports of Greece to Greenland have increased at an annualized rate of 188%,  from $102k in 2007 to $20.4M in 2022.

In 2022, Greece 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greenland exported $161k to Greece. The main products exported from Greenland to Greece were Fish Fillets ($161k). During the last 15 years the exports of Greenland to Greece have increased at an annualized rate of 3.7%, from $93.1k in 2007 to $161k in 2022.

In 2017, Greece exported $20.4M to Greenland. The main products exported from Greece to Greenland were Refined Petroleum ($20.3M), Ethers ($15.5k), and Imitation Jewellery ($1.55k). During the last 5 years the exports of Greece to Greenland have increased at an annualized rate of 188%, from $102k in 2022 to $20.4M in 2017.

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

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

Latest Data

Trade between Greenland (Flag) and Greece (Flag)

Greece Exports

Market Competitiveness

Color
Greenland
Top Destination
Denmark$731M
Greece
Top Destination
Italy$5.82B

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

In 2022, countries that imported more from Greenland than Greece included Denmark ($731M), Iceland ($18.9M), and Chinese Taipei ($51.1M).

In 2022, countries that imported more from Greece than Greenland included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

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

Comparative Advantage Greenland - Greece

Flow
Scale

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

During 2022, Greenland had a large net trade with Greece in the exports of Animal Products ($161k).

During 2017, Greece had a large net trade with Greenland in the exports of Mineral Products ($20.3M), Chemical Products ($15.5k), and Precious Metals ($1.55k).

Economic Complexity

Competitive Landscape

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

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

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