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Pricing

2022
Flag → Flag
Exports $49kRnk 209 / 211
2022
Flag → Flag
Top Product $44.1kCars
2022
Flag → Flag
Exports $77MRnk 4 / 66
2022
Flag → Flag
Top Product $29.2MFish Fillets
2022
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
Flag  
GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186

About

Japan-Greenland Trade: In 2022, Japan exported $49k to Greenland. The main products that Japan exported to Greenland were Cars ($44.1k), Precious Metal Watches ($2.7k), and Microphones and Headphones ($2.27k). Over the past 5 years the exports of Japan to Greenland have decreased at an annualized rate of 56.1%, from $3.02M in 2017 to $49k in 2022.

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

Greenland-Japan Trade: In 2022, Greenland exported $77M to Japan. The main products that Greenland exported to Japan were Fish Fillets ($29.2M), Crustaceans ($25.1M), and Non-fillet Frozen Fish ($13.1M). Over the past 5 years the exports of Greenland to Japan have increased at an annualized rate of 1.64%,  from $71M in 2017 to $77M in 2022.

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

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($728B). That same year, Greenland ranked 152 in total exports ($1.49B), and does not have data regarding Economic Complexity Index.

Latest Trends

June, 2024

About

Overview In June 2024, Japan exported ¥772k and imported ¥1.01B from Greenland, resulting in a negative trade balance of ¥1.01B. Between June 2023 and June 2024 the exports of Japan have decreased by ¥-74k (-8.75%) from ¥846k to ¥772k, while imports decreased by ¥-74.2M (-6.86%) from ¥1.08B to ¥1.01B.

Trade In June 2024, the top exports of Japan to Greenland were . In June 2024 the top imports of Japan from Greenland were Fish Fillets (¥337M), Crustaceans (¥292M), Non-fillet Frozen Fish (¥116M), Processed Crustaceans (¥57.8M), and Precious Stones (¥35.4M).

Origins In June 2024 the exports of Japan were mainly from N/A, while imports destinations were mainly Tokyo (¥790M), Fukuoka (¥87.9M), Osaka (¥77.8M), Chiba (¥32.4M), and Aichi (¥10.4M).

Growth In June 2024, the decrease in Japan's year-by-year exports to Greenland was explained primarily by an decrease in product exports in . In August 2024, the decrease in Japan's year-by-year imports  from Greenland was explained primarily by an decrease in product imports  in Processed Crustaceans (¥-31.4M or -35.2%), Non-fillet Frozen Fish (¥-25.3M or -17.9%), and Fish Fillets (¥-16.3M or -4.6%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)¥-74k(-8.75%)
IMPORT GROWTH (August 2023 - August 2024)¥-74.2M(-6.86%)

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Greenland and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $49k to Greenland. The main products exported from Japan to Greenland were Cars ($44.1k), Precious Metal Watches ($2.7k), and Microphones and Headphones ($2.27k). During the last 5 years the exports of Japan to Greenland have decreased at an annualized rate of 56.1%, from $3.02M in 2017 to $49k in 2022.

In 2017, Greenland exported $77M to Japan. The main products exported from Greenland to Japan were Fish Fillets ($29.2M), Crustaceans ($25.1M), and Non-fillet Frozen Fish ($13.1M). During the last 5 years the exports of Greenland to Japan have increased at an annualized rate of 1.64%, from $71M in 2022 to $77M in 2017.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Greenland
Top DestinationDenmark$731M

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

In 2022, countries that imported more from Japan than Greenland included United States ($137B), China ($135B), and South Korea ($50.8B).

In 2022, countries that imported more from Greenland than Japan included Denmark ($731M).

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

Comparative Advantage Japan - Greenland

Flow
Scale

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

During 2022, Japan had a large net trade with Greenland in the exports of Transportation ($44.1k), Instruments ($2.7k), and Machines ($2.27k).

During 2017, Greenland had a large net trade with Japan in the exports of Animal Products ($67.4M), Foodstuffs ($9.58M), and Precious Metals ($7.9k).

Economic Complexity

Competitive Landscape

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

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

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