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2023
Flag → Flag
Exports $647MRnk 33 / 217
2023
Flag → Flag
Top Product $17MOther Furniture
2023
Flag → Flag
Exports $830MRnk 1 / 76
2023
Flag → Flag
Top Product $289MNon-fillet Frozen Fish
2023
Flag
Economic Complexity (ECI) ECI 1.13Rnk 22 / 132
2023
Flag  
GDP$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
GDP PC $68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 129 / 195

About

Denmark-Greenland Trade: In 2023, Denmark exported $647M to Greenland. The main products that Denmark exported to Greenland were Other Furniture ($17M), Iron Toiletry ($15.9M), and Baked Goods ($14.3M). Over the past 5 years the exports of Denmark to Greenland have increased at an annualized rate of 8.33%, from $434M in 2018 to $647M in 2023.

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

Greenland-Denmark Trade: In 2023, Greenland exported $830M to Denmark. The main products that Greenland exported to Denmark were Non-fillet Frozen Fish ($289M), Crustaceans ($286M), and Processed Crustaceans ($160M). Over the past 5 years the exports of Greenland to Denmark have increased at an annualized rate of 8.26%,  from $558M in 2018 to $830M in 2023.

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

Comparison In 2023,  Denmark ranked 22 in the Economic Complexity Index (ECI 1.13),  and 37 in total exports ($118B). 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, Denmark exported $647M to Greenland. The main products exported from Denmark to Greenland were Other Furniture ($17M), Iron Toiletry ($15.9M), and Baked Goods ($14.3M). During the last 5 years the exports of Denmark to Greenland have increased at an annualized rate of 8.33%, from $434M in 2018 to $647M in 2023.

In 2018, Greenland exported $830M to Denmark. The main products exported from Greenland to Denmark were Non-fillet Frozen Fish ($289M), Crustaceans ($286M), and Processed Crustaceans ($160M). During the last 5 years the exports of Greenland to Denmark have increased at an annualized rate of 8.26%, from $558M in 2023 to $830M in 2018.

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

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

Latest Data

Trade between Denmark (Flag) and Greenland (Flag)

Denmark Exports

Greenland Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$14.8B
Greenland
Top DestinationDenmark$830M

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

In 2023, countries that imported more from Denmark than Greenland included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

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

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

Comparative Advantage Denmark - Greenland

Flow
Scale

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

During 2023, Denmark had a large net trade with Greenland in the exports of N/A.

During 2018, Greenland had a large net trade with Denmark in the exports of Animal Products ($651M), Foodstuffs ($160M), and Transportation ($4.16M).

Economic Complexity

Competitive Landscape

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

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

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