2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
GDP PC 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186

About

Estonia-Greenland Trade: In 2022, Estonia exported $754k to Greenland. The main products that Estonia exported to Greenland were Recreational Boats ($569k), Insulating Glass ($71.1k), and Non-Knit Men's Coats ($32.8k). Over the past 5 years the exports of Estonia to Greenland have increased at an annualized rate of 9.85%, from $471k in 2017 to $754k in 2022.

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

Greenland-Estonia Trade: In 2022, Greenland exported $2.2M to Estonia. The main products that Greenland exported to Estonia were Crustaceans ($2.11M), Processed Crustaceans ($54k), and Fish Fillets ($28.9k). Over the past 5 years the exports of Greenland to Estonia have increased at an annualized rate of 41.8%,  from $383k in 2017 to $2.2M in 2022.

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

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B). That same year, Greenland ranked 152 in total exports ($1.49B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Estonia exported $754k to Greenland. The main products exported from Estonia to Greenland were Recreational Boats ($569k), Insulating Glass ($71.1k), and Non-Knit Men's Coats ($32.8k). During the last 5 years the exports of Estonia to Greenland have increased at an annualized rate of 9.85%, from $471k in 2017 to $754k in 2022.

In 2017, Greenland exported $2.2M to Estonia. The main products exported from Greenland to Estonia were Crustaceans ($2.11M), Processed Crustaceans ($54k), and Fish Fillets ($28.9k). During the last 5 years the exports of Greenland to Estonia have increased at an annualized rate of 41.8%, from $383k in 2022 to $2.2M in 2017.

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

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

Latest Data

Trade between Estonia (Flag) and Greenland (Flag)

Estonia Exports

Greenland Exports

Date

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Greenland
Top Destination
Denmark$731M

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

In 2022, countries that imported more from Estonia than Greenland included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

In 2022, countries that imported more from Greenland than Estonia included China ($353M), Denmark ($731M), and Chinese Taipei ($51.1M).

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

Comparative Advantage Estonia - Greenland

Flow
Scale

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

During 2022, Estonia had a large net trade with Greenland in the exports of Transportation ($569k), Textiles ($87.2k), and Stone And Glass ($72.2k).

During 2017, Greenland had a large net trade with Estonia in the exports of Animal Products ($2.14M), Foodstuffs ($54k), and Machines ($2.05k).

Economic Complexity

Competitive Landscape

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

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

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