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2023
Flag → Flag
Exports $13.3MRnk 175 / 220
2023
Flag → Flag
Top Product $1.21MSpecial purpose motor vehicles
2023
Flag → Flag
Exports $49.6MRnk 5 / 76
2023
Flag → Flag
Top Product $27.6MProcessed Crustaceans
2023
Flag
Economic Complexity (ECI) ECI 1.79Rnk 5 / 132
2023
Flag  
GDP$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
GDP PC $54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH15.1%CURRENT US$
Rnk 118 / 195

About

Germany-Greenland Trade: In 2023, Germany exported $13.3M to Greenland. The main products that Germany exported to Greenland were Special purpose motor vehicles ($1.21M), Video Displays ($1.13M), and Rolled Tobacco ($962k). Over the past 5 years the exports of Germany to Greenland have decreased at an annualized rate of 13.5%, from $27.5M in 2018 to $13.3M in 2023.

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

Greenland-Germany Trade: In 2023, Greenland exported $49.6M to Germany. The main products that Greenland exported to Germany were Processed Crustaceans ($27.6M), Crustaceans ($9.68M), and Dried/Salted/Smoked/Brined Fish ($6.39M). Over the past 5 years the exports of Greenland to Germany have increased at an annualized rate of 9.62%,  from $12.5M in 2018 to $49.6M in 2023.

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

Comparison In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79),  and 3 in total exports ($1.57T). That same year, Greenland ranked 150 in total exports ($1.66B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Germany exported €999k and imported €859k from Greenland, resulting in a positive trade balance of €140k. Between November 2023 and November 2024 the exports of Germany have decreased by €-675k (-40.3%) from €1.67M to €999k, while imports increased by €447k (108%) from €412k to €859k.

Trade In November 2024, the top exports of Germany to Greenland were Telecommunication devices and apparatus (€179k), Pharmaceutical products (€110k), Other food of vegetable origin (€55k), Footwear (€48k), and Other machinery (€42k). In November 2024 the top imports of Germany from Greenland were Fish and crustaceans, molluscs (€540k), Office and automatic data processing machines (€96k), Machinery for electricity production, distribution (€24k), Returned goods (€16k), and Articles of paper (€3k).

Origins In November 2024 the exports of Germany were mainly from North Rhine-Westphalia (€218k), Schleswig-Holstein (€73k), Hesse (€25k), Hamburg (€18k), and Baden-Württemberg (€16k), while imports destinations were mainly Lower Saxony (€296k), Hamburg (€209k), North Rhine-Westphalia (€192k), Schleswig-Holstein (€103k), and Bremen (€38k).

Growth In November 2024, the decrease in Germany's year-by-year exports to Greenland was explained primarily by an decrease in product exports in Engines (excl. for tractor,aircraft, road vehicle) (€-58k or -100%), Lorries and special purpose motor vehicles (€-36k or -70.6%), and Articles of plastic (€-29k or -96.7%). In November 2024, the increase in Germany's year-by-year imports  from Greenland was explained primarily by an increase in product imports  in Fish and crustaceans, molluscs (€175k or 47.9%), Returned goods (€15k or 1.5k%), and Machinery for electricity production, distribution (€12k or 100%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€-675k(-40.3%)
IMPORT GROWTH (November 2023 - November 2024)€447k(108%)
MAIN EXPORTER (November 2024)North Rhine-Westphalia€218k

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

To check Greenland and Germany 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 2023, Germany exported $13.3M to Greenland. The main products exported from Germany to Greenland were Special purpose motor vehicles ($1.21M), Video Displays ($1.13M), and Rolled Tobacco ($962k). During the last 5 years the exports of Germany to Greenland have decreased at an annualized rate of 13.5%, from $27.5M in 2018 to $13.3M in 2023.

In 2018, Greenland exported $49.6M to Germany. The main products exported from Greenland to Germany were Processed Crustaceans ($27.6M), Crustaceans ($9.68M), and Dried/Salted/Smoked/Brined Fish ($6.39M). During the last 5 years the exports of Greenland to Germany have increased at an annualized rate of 9.62%, from $12.5M in 2023 to $49.6M in 2018.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$157B
Greenland
Top DestinationDenmark$830M

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

In 2023, countries that imported more from Germany than Greenland included United States ($157B), France ($118B), and Netherlands ($108B).

In 2023, no countries were registered that imported more from Greenland than from Germany.

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

Comparative Advantage Germany - Greenland

Flow
Scale

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

During 2023, Germany had a large net trade with Greenland in the exports of Machines ($4.81M), Transportation ($2.06M), and Foodstuffs ($1.46M).

During 2018, Greenland had a large net trade with Germany in the exports of Foodstuffs ($27.8M), Animal Products ($20.1M), and Machines ($940k).

Economic Complexity

Competitive Landscape

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

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

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