Azerbaijan (AZE) and Greenland (GRL) Trade | The Observatory of Economic Complexity

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In N/A, Azerbaijan did not export any services to Greenland.

Greenland-Azerbaijan Trade: In N/A, Greenland exported $1.72M to Azerbaijan. The main products that Greenland exported to Azerbaijan were Non-fillet Frozen Fish ($1.56M), Crustaceans ($154k), and Processed Crustaceans ($1.71k). Over the past N/A years the exports of Greenland to Azerbaijan have increased at an annualized rate of 676%, from $61 in N/A to $1.72M in N/A.

In N/A, Greenland did not export any services to Azerbaijan.

Comparison In 2022, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B). 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

Azerbaijan does not register exports to Greenland.

In 2017, Greenland exported $1.72M to Azerbaijan. The main products exported from Greenland to Azerbaijan were Non-fillet Frozen Fish ($1.56M), Crustaceans ($154k), and Processed Crustaceans ($1.71k). During the last 5 years the exports of Greenland to Azerbaijan have increased at an annualized rate of 676%, from $61 in 2022 to $1.72M in 2017.

Exports from Azerbaijan () to Greenland () (2022)

Exports from Greenland () to Azerbaijan () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$18.3B

Greenland
Top DestinationDenmark$731M

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

In 2022, countries that imported more from Azerbaijan than Greenland included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

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

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

Comparative Advantage Azerbaijan - Greenland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Greenland had a large net trade with Azerbaijan in the exports of Animal Products ($1.72M) and Foodstuffs ($1.71k).

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 Azerbaijan and Greenland. This means that a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Greenland. Similarly, a dot/product with the flag of Greenland indicates it has a comparative advantage over Azerbaijan.

About

Historical Data

Bilateral Trade by Products

Exports from Azerbaijan () to Greenland () (2022)

Exports from Greenland () to Azerbaijan () (2022)

Market Competitiveness

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

Comparative Advantage Azerbaijan - Greenland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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