2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186

About

Netherlands-Greenland Trade: In 2022, Netherlands exported $7.17M to Greenland. The main products that Netherlands exported to Greenland were Aircraft Parts ($2.75M), Broadcasting Equipment ($886k), and Paper Containers ($563k). Over the past 5 years the exports of Netherlands to Greenland have decreased at an annualized rate of 16.2%, from $17.3M in 2017 to $7.17M in 2022.

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

Greenland-Netherlands Trade: In 2022, Greenland exported $1.71M to Netherlands. The main products that Greenland exported to Netherlands were Non-fillet Frozen Fish ($460k), Gravel and Crushed Stone ($458k), and Aircraft Parts ($381k). Over the past 5 years the exports of Greenland to Netherlands have increased at an annualized rate of 3.67%,  from $1.38M in 2017 to $1.71M in 2022.

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

Comparison In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11),  and 6 in total exports ($674B). 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
Value

In 2022, Netherlands exported $7.17M to Greenland. The main products exported from Netherlands to Greenland were Aircraft Parts ($2.75M), Broadcasting Equipment ($886k), and Paper Containers ($563k). During the last 5 years the exports of Netherlands to Greenland have decreased at an annualized rate of 16.2%, from $17.3M in 2017 to $7.17M in 2022.

In 2017, Greenland exported $1.71M to Netherlands. The main products exported from Greenland to Netherlands were Non-fillet Frozen Fish ($460k), Gravel and Crushed Stone ($458k), and Aircraft Parts ($381k). During the last 5 years the exports of Greenland to Netherlands have increased at an annualized rate of 3.67%, from $1.38M in 2022 to $1.71M in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Greenland
Top Destination
Denmark$731M

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

In 2022, countries that imported more from Netherlands than Greenland included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

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

Comparative Advantage Netherlands - Greenland

Flow
Scale

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

During 2022, Netherlands had a large net trade with Greenland in the exports of Transportation ($3.48M), Machines ($1.89M), and Paper Goods ($576k).

During 2017, Greenland had a large net trade with Netherlands in the exports of Mineral Products ($561k), Animal Products ($460k), and Transportation ($381k).

Economic Complexity

Competitive Landscape

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

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

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