2023
Flag  
GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 195
2023
Flag
GDP PC 
$84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH
48.7%CURRENT US$
Rnk 50 / 195

About

Singapore-Greenland Trade: In 2023, Singapore exported $786 to Greenland. The main products that Singapore exported to Greenland were Other Rubber Products ($786). Over the past 7 years the exports of Singapore to Greenland have decreased at an annualized rate of 59.8%, from $462k in 2016 to $786 in 2023.

In 2023, Singapore did not export any services to Greenland.

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

In 2023, Greenland did not export any services to Singapore.

Comparison In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62),  and 24 in total exports ($333B). That same year, Greenland ranked 150 in total exports ($1.66B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Singapore exported $786 to Greenland. The main products exported from Singapore to Greenland were Other Rubber Products ($786). During the last 7 years the exports of Singapore to Greenland have decreased at an annualized rate of 59.8%, from $462k in 2016 to $786 in 2023.

Greenland does not register exports to Singapore. The main products exported from Greenland to Singapore were Non-fillet Frozen Fish ($3.63M), Gas Turbines ($163k), and Processed Crustaceans ($75.5k).

Exports from Singapore (Flag) to Greenland (Flag) (2023)

Exports from Greenland (Flag) to Singapore (Flag) (2023)

Latest Data

Trade between Singapore (Flag) and Greenland (Flag)

Singapore Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$44.5B
Greenland
Top Destination
Denmark$830M

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

In 2023, countries that imported more from Singapore than Greenland included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

In 2023, countries that imported more from Greenland than Singapore included Iceland ($38.3M).

Difference in imports from Greenland (Flag) and Singapore (Flag) (2023)

Comparative Advantage Singapore - Greenland

Flow
Scale

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

During 2023, Singapore had a large net trade with Greenland in the exports of Plastics and Rubbers ($786).

Economic Complexity

Competitive Landscape

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

Product Space of Singapore (Flag) and Greenland (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with