2022
Flag  
GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC 
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 186

About

Ecuador-Greenland Trade: In 2018, Ecuador exported $25.5k to Greenland. The main products that Ecuador exported to Greenland were N/A. Over the past 5 years the exports of Ecuador to Greenland have increased at an annualized rate of 119%, from $506 in 2013 to $25.5k in 2018.

In 2018, Ecuador did not export any services to Greenland.

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

In 2018, Greenland did not export any services to Ecuador.

Comparison In 2022,  Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96),  and 68 in total exports ($36B). 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
Value

In 2018, Ecuador exported $25.5k to Greenland. There were not main exports from Ecuador to Greenland in 2018. During the last 5 years the exports of Ecuador to Greenland have increased at an annualized rate of 119%, from $506 in 2013 to $25.5k in 2018.

Greenland does not register exports to Ecuador.

Exports from Ecuador (Flag) to Greenland (Flag) (2020)

Exports from Greenland (Flag) to Ecuador (Flag) (2020)

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Greenland
Top Destination
Denmark$731M

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

In 2022, countries that imported more from Ecuador than Greenland included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

In 2022, countries that imported more from Greenland than Ecuador included Denmark ($731M), Iceland ($18.9M), and Mozambique ($65.1k).

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

Comparative Advantage Ecuador - Greenland

Flow
Scale

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

During 2018, Ecuador had a large net trade with Greenland in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Ecuador (Flag) and Greenland (Flag) (2020)

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