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Pricing

2022
Flag → Flag
Exports $1.96MRnk 187 / 218
2022
Flag → Flag
Top Product $1.41MIndustrial Fatty Acids, Oils and Alcohols
2022
Flag → Flag
Exports $8.15MRnk 13 / 66
2022
Flag → Flag
Top Product $4.96MFish: dried, salted, smoked or in brine
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186

About

Spain-Greenland Trade: In 2022, Spain exported $1.96M to Greenland. The main products that Spain exported to Greenland were Industrial Fatty Acids, Oils and Alcohols ($1.41M), Other Agricultural Machinery ($153k), and Other Firearms ($111k). Over the past 5 years the exports of Spain to Greenland have increased at an annualized rate of 2.31%, from $1.75M in 2017 to $1.96M in 2022.

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

Greenland-Spain Trade: In 2022, Greenland exported $8.15M to Spain. The main products that Greenland exported to Spain were Fish: dried, salted, smoked or in brine ($4.96M), Fish Fillets ($1.81M), and Non-fillet Frozen Fish ($918k). Over the past 5 years the exports of Greenland to Spain have increased at an annualized rate of 8.57%,  from $5.41M in 2017 to $8.15M in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). That same year, Greenland ranked 152 in total exports ($1.49B), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Spain exported €770k and imported €358k from Greenland, resulting in a positive trade balance of €412k. Between July 2023 and July 2024 the exports of Spain have decreased by €-15M (-95.1%) from €15.8M to €770k, while imports increased by €29.3k (8.93%) from €328k to €358k.

Trade In July 2024, the top exports of Spain to Greenland were Prepr binder for foundry (€82.8k), Leather Footwear (€3.74k), Commodities not elsewhere specified (€1.68k), Electric Musical Instruments (€488), and Non-Knit Women's Suits (€180). In July 2024 the top imports of Spain from Greenland were Fish: dried, salted, smoked or in... (€790k), Fish Fillets (€285k), Non-fillet Frozen Fish (€60.7k), and Processed Crustaceans (€3.32k).

Origins In July 2024 the exports of Spain were mainly from Murcia (€681k), Barcelona (€74.4k), Girona (€12.1k), Guadalajara (€1.23k), and Zaragoza (€224), while imports destinations were mainly Pontevedra (€194k), Navarra (€144k), A Coruña (€12.7k), Barcelona (€6.61k), and Madrid (€89.7).

Growth In July 2024, the decrease in Spain's year-by-year exports to Greenland was explained primarily by an decrease in product exports in Prepr binder for foundry (€-77k or -48.2%) and Commodities not elsewhere specified (€-596 or -26.2%). In July 2024, the increase in Spain's year-by-year imports  from Greenland was explained primarily by an increase in product imports  in Fish: dried, salted, smoked or in... (€300k or 61.3%), Fish Fillets (€281k or 6.53k%), and Processed Crustaceans (€53.7 or 1.65%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)€-15M(-95.1%)
IMPORT GROWTH (July 2023 - July 2024)€29.3k(8.93%)
MAIN EXPORTER (July 2024)Murcia€681k

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

To check Greenland and Spain 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, Spain exported $1.96M to Greenland. The main products exported from Spain to Greenland were Industrial Fatty Acids, Oils and Alcohols ($1.41M), Other Agricultural Machinery ($153k), and Other Firearms ($111k). During the last 5 years the exports of Spain to Greenland have increased at an annualized rate of 2.31%, from $1.75M in 2017 to $1.96M in 2022.

In 2017, Greenland exported $8.15M to Spain. The main products exported from Greenland to Spain were Fish: dried, salted, smoked or in brine ($4.96M), Fish Fillets ($1.81M), and Non-fillet Frozen Fish ($918k). During the last 5 years the exports of Greenland to Spain have increased at an annualized rate of 8.57%, from $5.41M in 2022 to $8.15M in 2017.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Greenland
Top DestinationDenmark$731M

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

In 2022, countries that imported more from Spain than Greenland included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, no countries were registered that imported more from Greenland than from Spain.

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

Comparative Advantage Spain - Greenland

Flow
Scale

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

During 2022, Spain had a large net trade with Greenland in the exports of Chemical Products ($1.44M), Machines ($192k), and Weapons ($115k).

During 2017, Greenland had a large net trade with Spain in the exports of Animal Products ($7.98M), Foodstuffs ($168k), and Instruments ($2.63k).

Economic Complexity

Competitive Landscape

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

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

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