2022
Flag
 GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH
36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
GDP PC
$4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH
12.4%CURRENT US$
Rnk 107 / 186

About

In N/A, Greenland did not export any services to Mongolia.

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

In N/A, Mongolia 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, Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

Greenland does not register exports to Mongolia. The main products exported from Greenland to Mongolia were Crustaceans ($3.79k), Knit T-shirts ($98), and Knit Women's Suits ($58).

Mongolia does not register exports to Greenland.

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

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

Market Competitiveness

Color
Greenland
Top Destination
Denmark$731M
Mongolia
Top Destination
China$10.6B

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

In 2022, countries that imported more from Greenland than Mongolia included Denmark ($731M), United Kingdom ($86M), and Japan ($77M).

In 2022, countries that imported more from Mongolia than Greenland included China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).

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

Comparative Advantage Greenland - Mongolia

Flow
Scale

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

Economic Complexity

Competitive Landscape

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

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

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