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Pricing

2022
Flag → Flag
Exports $27.8MRnk 122 / 215
2022
Flag → Flag
Top Product $5.49MWork Trucks
2022
Flag → Flag
Exports $1.79MRnk 19 / 66
2022
Flag → Flag
Top Product $1MFish Fillets
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
Flag  
GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186

About

Canada-Greenland Trade: In 2022, Canada exported $27.8M to Greenland. The main products that Canada exported to Greenland were Work Trucks ($5.49M), Large Construction Vehicles ($4.88M), and Other Construction Vehicles ($3.43M). Over the past 5 years the exports of Canada to Greenland have increased at an annualized rate of 8.37%, from $18.6M in 2017 to $27.8M in 2022.

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

Greenland-Canada Trade: In 2022, Greenland exported $1.79M to Canada. The main products that Greenland exported to Canada were Fish Fillets ($1M), Other Inedible Animal Products ($375k), and Crustaceans ($180k). Over the past 5 years the exports of Greenland to Canada have increased at an annualized rate of 6.6%,  from $362k in 2017 to $1.79M in 2022.

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

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92),  and 9 in total exports ($587B). That same year, Greenland ranked 152 in total exports ($1.49B), and does not have data regarding Economic Complexity Index.

Latest Trends

September, 2024

About

Overview In September 2024, Canada exported C$452k and imported C$232k from Greenland, resulting in a positive trade balance of C$221k. Between September 2023 and September 2024 the exports of Canada have increased by C$18.9k (4.37%) from C$433k to C$452k, while imports decreased by C$-65.8k (-22.1%) from C$298k to C$232k.

Trade In September 2024, the top exports of Canada to Greenland were Ball Bearings (C$177k), Aircraft parts including unmanned craft (C$53.5k), Telephones (C$26.1k), Other Measuring Instruments (C$20.1k), and Industrial Food Preperation Machinery (C$19.6k). In September 2024 the top imports of Canada from Greenland were Precious Stones (C$8.27k).

Origins In September 2024 the exports of Canada were mainly from Newfoundland Labrador (C$433k), Alberta (C$10.8k), Quebec (C$4.88k), Ontario (C$2.24k), and Nova Scotia (C$1.63k), while imports destinations were mainly Ontario (C$230k), Nova Scotia (C$2k), and Quebec (C$78).

Growth In September 2024, the increase in Canada's year-by-year exports to Greenland was explained primarily by an increase in product exports in Industrial Food Preperation Machinery (C$17.3k or 745%), Other Aluminium Products (C$902 or 970%), and Non-Knit Men's Suits (C$704 or 34.9%). In September 2024, the decrease in Canada's year-by-year imports  from Greenland was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)C$18.9k(4.37%)
IMPORT GROWTH (September 2023 - September 2024)C$-65.8k(-22.1%)
MAIN EXPORTER (September 2024)Newfoundland LabradorC$433k

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Greenland and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $27.8M to Greenland. The main products exported from Canada to Greenland were Work Trucks ($5.49M), Large Construction Vehicles ($4.88M), and Other Construction Vehicles ($3.43M). During the last 5 years the exports of Canada to Greenland have increased at an annualized rate of 8.37%, from $18.6M in 2017 to $27.8M in 2022.

In 2017, Greenland exported $1.79M to Canada. The main products exported from Greenland to Canada were Fish Fillets ($1M), Other Inedible Animal Products ($375k), and Crustaceans ($180k). During the last 5 years the exports of Greenland to Canada have increased at an annualized rate of 6.6%, from $362k in 2022 to $1.79M in 2017.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Greenland
Top DestinationDenmark$731M

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

In 2022, countries that imported more from Canada than Greenland included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Greenland than Canada included Denmark ($731M).

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

Comparative Advantage Canada - Greenland

Flow
Scale

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

During 2022, Canada had a large net trade with Greenland in the exports of Machines ($15.1M), Transportation ($7.52M), and Textiles ($2.33M).

During 2017, Greenland had a large net trade with Canada in the exports of Animal Products ($1.74M), Transportation ($33.9k), and Chemical Products ($6.96k).

Economic Complexity

Competitive Landscape

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

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

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