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2022
Flag → Flag
Exports $745Rnk 58 / 66
2022
Flag → Flag
Top Product $732Excavation Machinery
2022
Flag → Flag
Exports $16.6kRnk 215 / 219
2022
Flag → Flag
Top Product $12.7kNon-Knit Men's Shirts
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag
 GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
GDP PC$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

Greenland-Turkey Trade: In 2022, Greenland exported $745 to Turkey. The main products that Greenland exported to Turkey were Excavation Machinery ($732) and Electrical Parts ($13). Over the past 5 years the exports of Greenland to Turkey have decreased at an annualized rate of 41.3%, from $10.7k in 2017 to $745 in 2022.

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

Turkey-Greenland Trade: In 2022, Turkey exported $16.6k to Greenland. The main products that Turkey exported to Greenland were Non-Knit Men's Shirts ($12.7k), Base Metal Watches ($769), and Knotted Carpets ($319). Over the past 5 years the exports of Turkey to Greenland have decreased at an annualized rate of 58.7%,  from $1.38M in 2017 to $16.6k in 2022.

In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greenland exported $745 to Turkey. The main products exported from Greenland to Turkey were Excavation Machinery ($732) and Electrical Parts ($13). During the last 5 years the exports of Greenland to Turkey have decreased at an annualized rate of 41.3%, from $10.7k in 2017 to $745 in 2022.

In 2017, Turkey exported $16.6k to Greenland. The main products exported from Turkey to Greenland were Non-Knit Men's Shirts ($12.7k), Base Metal Watches ($769), and Knotted Carpets ($319). During the last 5 years the exports of Turkey to Greenland have decreased at an annualized rate of 58.7%, from $1.38M in 2022 to $16.6k in 2017.

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

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

Latest Data

Trade between Greenland (Flag) and Turkey (Flag)

Turkey Exports

Market Competitiveness

Color
Greenland
Top DestinationDenmark$731M
Turkey
Top DestinationGermany$21.9B

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

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

In 2022, countries that imported more from Turkey than Greenland included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

Comparative Advantage Greenland - Turkey

Flow
Scale

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

During 2022, Greenland had a large net trade with Turkey in the exports of Machines ($745).

During 2017, Turkey had a large net trade with Greenland in the exports of Textiles ($13.4k), Instruments ($769), and Wood Products ($414).

Economic Complexity

Competitive Landscape

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

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

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