Greenland (GRL) and Norway (NOR) Trade | The Observatory of Economic Complexity

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Greenland-Norway Trade: In 2022, Greenland exported $20.2M to Norway. The main products that Greenland exported to Norway were Crustaceans ($15.5M), Processed Crustaceans ($3.33M), and Non-fillet Frozen Fish ($1.2M). Over the past 5 years the exports of Greenland to Norway have increased at an annualized rate of 8.25%, from $13.6M in 2017 to $20.2M in 2022.

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

Norway-Greenland Trade: In 2022, Norway exported $3.28M to Greenland. The main products that Norway exported to Greenland were Navigation Equipment ($706k), Recreational Boats ($392k), and Large Construction Vehicles ($249k). Over the past 5 years the exports of Norway to Greenland have increased at an annualized rate of 5.68%, from $2.49M in 2017 to $3.28M in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Greenland exported $20.2M to Norway. The main products exported from Greenland to Norway were Crustaceans ($15.5M), Processed Crustaceans ($3.33M), and Non-fillet Frozen Fish ($1.2M). During the last 5 years the exports of Greenland to Norway have increased at an annualized rate of 8.25%, from $13.6M in 2017 to $20.2M in 2022.

In 2017, Norway exported $3.28M to Greenland. The main products exported from Norway to Greenland were Navigation Equipment ($706k), Recreational Boats ($392k), and Large Construction Vehicles ($249k). During the last 5 years the exports of Norway to Greenland have increased at an annualized rate of 5.68%, from $2.49M in 2022 to $3.28M in 2017.

Exports from Greenland () to Norway () (2022)

Exports from Norway () to Greenland () (2022)

Latest Data

Trade between Greenland () and Norway ()

Greenland Exports

Date

Norway Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greenland
Top DestinationDenmark$731M

Norway
Top DestinationGermany$78.1B

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

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

In 2022, countries that imported more from Norway than Greenland included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

Difference in imports from Norway () and Greenland () (2022)

Comparative Advantage Greenland - Norway

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Greenland had a large net trade with Norway in the exports of Animal Products ($16.8M), Foodstuffs ($3.33M), and Wood Products ($32.9k).

During 2017, Norway had a large net trade with Greenland in the exports of Machines ($1.88M), Transportation ($714k), and Textiles ($142k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Greenland () to Norway () (2022)

Exports from Norway () to Greenland () (2022)

Latest Data

Trade between Greenland () and Norway ()

Greenland Exports

Norway Exports

Market Competitiveness

Difference in imports from Norway () and Greenland () (2022)

Comparative Advantage Greenland - Norway

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Greenland () and Norway () (2022)

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