2022
Flag
 GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
GDP PC
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186

About

Greenland-Kuwait Trade: In 2022, Greenland exported $616 to Kuwait. The main products that Greenland exported to Kuwait were Processed Crustaceans ($616). Over the past 12 years the exports of Greenland to Kuwait have decreased at an annualized rate of 9.11%, from $1.94k in 2010 to $616 in 2022.

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

Kuwait-Greenland In N/A, Kuwait did not export any products to Greenland.

In 2022, Kuwait 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, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greenland exported $616 to Kuwait. The main products exported from Greenland to Kuwait were Processed Crustaceans ($616). During the last 12 years the exports of Greenland to Kuwait have decreased at an annualized rate of 9.11%, from $1.94k in 2010 to $616 in 2022.

Kuwait does not register exports to Greenland.

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

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

Market Competitiveness

Color
Greenland
Top Destination
Denmark$731M
Kuwait
Top Destination
China$24.3B

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

In 2022, countries that imported more from Greenland than Kuwait included Denmark ($731M), Norway ($20.2M), and Ukraine ($8.62M).

In 2022, countries that imported more from Kuwait than Greenland included China ($24.3B), India ($15B), and South Korea ($10.8B).

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

Comparative Advantage Greenland - Kuwait

Flow
Scale

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

During 2022, Greenland had a large net trade with Kuwait in the exports of Foodstuffs ($616).

Economic Complexity

Competitive Landscape

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

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

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