Nicaragua (NIC) and Greenland (GRL) Trade | The Observatory of Economic Complexity

About

Nicaragua-Greenland Trade: In 2016, Nicaragua exported $297 to Greenland. The main products that Nicaragua exported to Greenland were N/A. Over the past 19 years the exports of Nicaragua to Greenland have decreased at an annualized rate of 6.77%, from $1.13k in 1997 to $297 in 2016.

In 2016, Nicaragua did not export any services to Greenland.

Greenland-Nicaragua In N/A, Greenland did not export any products to Nicaragua.

In 2016, Greenland did not export any services to Nicaragua.

Comparison In 2022, Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B). That same year, Greenland ranked 152 in total exports ($1.49B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2016, Nicaragua exported $297 to Greenland. There were not main exports from Nicaragua to Greenland in 2016. During the last 19 years the exports of Nicaragua to Greenland have decreased at an annualized rate of 6.77%, from $1.13k in 1997 to $297 in 2016.

Greenland does not register exports to Nicaragua.

Exports from Nicaragua () to Greenland () (2016)

Exports from Greenland () to Nicaragua () (2016)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nicaragua
Top DestinationUnited States$4.09B

Greenland
Top DestinationDenmark$731M

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

In 2022, countries that imported more from Nicaragua than Greenland included United States ($4.09B), Mexico ($943M), and Honduras ($541M).

In 2022, countries that imported more from Greenland than Nicaragua included Denmark ($731M), China ($353M), and Japan ($77M).

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

Comparative Advantage Nicaragua - Greenland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2016, Nicaragua had a large net trade with Greenland in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Nicaragua () to Greenland () (2016)

Exports from Greenland () to Nicaragua () (2016)

Market Competitiveness

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

Comparative Advantage Nicaragua - Greenland

Economic Complexity

Competitive Landscape

Product Space of Nicaragua () and Greenland () (2016)

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