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2022
Flag → Flag
Exports $25.5kRnk 40 / 66
2022
Flag → Flag
Top Product $25.5kProcessed Crustaceans
2022
Flag → Flag
Exports $23.6kRnk 186 / 205
2022
Flag → Flag
Top Product $23.4kIntegrated Circuits
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Greenland-Philippines Trade: In 2022, Greenland exported $25.5k to Philippines. The main products that Greenland exported to Philippines were Processed Crustaceans ($25.5k). Over the past 7 years the exports of Greenland to Philippines have decreased at an annualized rate of 17.8%, from $100k in 2015 to $25.5k in 2022.

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

Philippines-Greenland Trade: In 2022, Philippines exported $23.6k to Greenland. The main products that Philippines exported to Greenland were Integrated Circuits ($23.4k), Live Fish ($198), and Plastic Building Materials ($50). Over the past 7 years the exports of Philippines to Greenland have decreased at an annualized rate of 6.46%,  from $40.3k in 2015 to $23.6k in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greenland exported $25.5k to Philippines. The main products exported from Greenland to Philippines were Processed Crustaceans ($25.5k). During the last 7 years the exports of Greenland to Philippines have decreased at an annualized rate of 17.8%, from $100k in 2015 to $25.5k in 2022.

In 2017, Philippines exported $23.6k to Greenland. The main products exported from Philippines to Greenland were Integrated Circuits ($23.4k), Live Fish ($198), and Plastic Building Materials ($50). During the last 5 years the exports of Philippines to Greenland have decreased at an annualized rate of 6.46%, from $40.3k in 2022 to $23.6k in 2017.

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

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

Latest Data

Trade between Greenland (Flag) and Philippines (Flag)

Philippines Exports

Market Competitiveness

Color
Greenland
Top DestinationDenmark$731M
Philippines
Top DestinationUnited States$15.5B

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

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

In 2022, countries that imported more from Philippines than Greenland included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

Comparative Advantage Greenland - Philippines

Flow
Scale

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

During 2022, Greenland had a large net trade with Philippines in the exports of Foodstuffs ($25.5k).

During 2017, Philippines had a large net trade with Greenland in the exports of Machines ($23.4k), Animal Products ($198), and Plastics and Rubbers ($50).

Economic Complexity

Competitive Landscape

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

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

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