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2023
Flag → Flag
Exports $79.6MRnk 4 / 76
2023
Flag → Flag
Top Product $30MCrustaceans
2023
Flag → Flag
Exports $4.25kRnk 211 / 211
2023
Flag → Flag
Top Product $2.48kRefrigerators
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
Flag
 GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
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GDP PC$33,767CURRENT US$
Rnk 38 / 196
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195

About

Greenland-Japan Trade: In 2023, Greenland exported $79.6M to Japan. The main products that Greenland exported to Japan were Crustaceans ($30M), Fish Fillets ($27.6M), and Processed Crustaceans ($12.7M). Over the past 5 years the exports of Greenland to Japan have increased at an annualized rate of 2.14%, from $71.6M in 2018 to $79.6M in 2023.

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

Japan-Greenland Trade: In 2023, Japan exported $4.25k to Greenland. The main products that Japan exported to Greenland were Refrigerators ($2.48k) and Mirrors and Lenses ($1.77k). Over the past 5 years the exports of Japan to Greenland have decreased at an annualized rate of 74.2%,  from $3.7M in 2018 to $4.25k in 2023.

In 2023, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Greenland exported $79.6M to Japan. The main products exported from Greenland to Japan were Crustaceans ($30M), Fish Fillets ($27.6M), and Processed Crustaceans ($12.7M). During the last 5 years the exports of Greenland to Japan have increased at an annualized rate of 2.14%, from $71.6M in 2018 to $79.6M in 2023.

In 2018, Japan exported $4.25k to Greenland. The main products exported from Japan to Greenland were Refrigerators ($2.48k) and Mirrors and Lenses ($1.77k). During the last 5 years the exports of Japan to Greenland have decreased at an annualized rate of 74.2%, from $3.7M in 2023 to $4.25k in 2018.

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

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

Latest Data

Trade between Greenland (Flag) and Japan (Flag)

Japan Exports

Market Competitiveness

Color
Greenland
Top DestinationDenmark$830M
Japan
Top DestinationUnited States$143B

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

In 2023, countries that imported more from Greenland than Japan included Denmark ($830M).

In 2023, countries that imported more from Japan than Greenland included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

Comparative Advantage Greenland - Japan

Flow
Scale

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

During 2023, Greenland had a large net trade with Japan in the exports of Animal Products ($66.3M), Foodstuffs ($12.7M), and Precious Metals ($567k).

During 2018, Japan had a large net trade with Greenland in the exports of Machines ($2.48k) and Instruments ($1.77k).

Economic Complexity

Competitive Landscape

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

Product Space of Greenland (Flag) and Japan (Flag) (2023)

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