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2022
Flag → Flag
Exports $87.4kRnk 35 / 66
2022
Flag → Flag
Top Product $41.2kProcessed Crustaceans
2022
Flag → Flag
Exports $230MRnk 60 / 217
2022
Flag → Flag
Top Product $214MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
Flag
 GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
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GDP PC$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186

About

Greenland-Sweden Trade: In 2022, Greenland exported $87.4k to Sweden. The main products that Greenland exported to Sweden were Processed Crustaceans ($41.2k), Transmissions ($20.6k), and Spark-Ignition Engines ($4.15k). Over the past 5 years the exports of Greenland to Sweden have decreased at an annualized rate of 39.7%, from $1.1M in 2017 to $87.4k in 2022.

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

Sweden-Greenland Trade: In 2022, Sweden exported $230M to Greenland. The main products that Sweden exported to Greenland were Refined Petroleum ($214M), Nitrogenous Fertilizers ($4.25M), and Video Displays ($1.26M). Over the past 5 years the exports of Sweden to Greenland have increased at an annualized rate of 13.8%,  from $121M in 2017 to $230M in 2022.

In 2022, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greenland exported $87.4k to Sweden. The main products exported from Greenland to Sweden were Processed Crustaceans ($41.2k), Transmissions ($20.6k), and Spark-Ignition Engines ($4.15k). During the last 5 years the exports of Greenland to Sweden have decreased at an annualized rate of 39.7%, from $1.1M in 2017 to $87.4k in 2022.

In 2017, Sweden exported $230M to Greenland. The main products exported from Sweden to Greenland were Refined Petroleum ($214M), Nitrogenous Fertilizers ($4.25M), and Video Displays ($1.26M). During the last 5 years the exports of Sweden to Greenland have increased at an annualized rate of 13.8%, from $121M in 2022 to $230M in 2017.

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

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

Latest Data

Trade between Greenland (Flag) and Sweden (Flag)

Sweden Exports

Market Competitiveness

Color
Greenland
Top DestinationDenmark$731M
Sweden
Top DestinationGermany$19.2B

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

In 2022, no countries were registered that imported more from Greenland than from Sweden.

In 2022, countries that imported more from Sweden than Greenland included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

Comparative Advantage Greenland - Sweden

Flow
Scale

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

During 2022, Greenland had a large net trade with Sweden in the exports of Foodstuffs ($41.2k), Machines ($33.1k), and Textiles ($5.54k).

During 2017, Sweden had a large net trade with Greenland in the exports of Mineral Products ($214M), Machines ($7.46M), and Chemical Products ($4.45M).

Economic Complexity

Competitive Landscape

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

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

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