Greenland / Iceland

Greenland-Iceland Trade: In 2022, Greenland exported $18.9M to Iceland. The main products that Greenland exported to Iceland were Non-fillet Fresh Fish ($9.43M), Other Inedible Animal Products ($3.3M), and Crustaceans ($3.26M). Over the past 5 years the exports of Greenland to Iceland have decreased at an annualized rate of 14.3%, from $40.9M in 2017 to $18.9M in 2022.

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

Iceland-Greenland Trade: In 2022, Iceland exported $28.2M to Greenland. The main products that Iceland exported to Greenland were Refined Petroleum ($17M), Phosphinates (hypophosphites) and phosphonates (phosphites) ($2.15M), and Fish: dried, salted, smoked or in brine ($934k). Over the past 5 years the exports of Iceland to Greenland have decreased at an annualized rate of 6.3%,  from $39.1M in 2017 to $28.2M in 2022.

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

Comparison In 2022,  Greenland ranked 152 in total exports ($1.49B). That same year, Iceland ranked 116 in total exports ($7.31B). Both countries does not have data related to Economic Complexity Index.