2023
Flag  
GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
GDP PC 
$30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195

About

Estonia-Greenland Trade: In 2023, Estonia exported $790k to Greenland. The main products that Estonia exported to Greenland were Recreational Boats ($670k), Non-Knit Men's Coats ($14.1k), and Leather Footwear ($13.5k). Over the past 5 years the exports of Estonia to Greenland have increased at an annualized rate of 3.07%, from $679k in 2018 to $790k in 2023.

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

Greenland-Estonia Trade: In 2023, Greenland exported $1.57M to Estonia. The main products that Greenland exported to Estonia were Crustaceans ($1.4M), Fish Fillets ($94.8k), and Processed Crustaceans ($31.4k). Over the past 5 years the exports of Greenland to Estonia have increased at an annualized rate of 48.9%,  from $214k in 2018 to $1.57M in 2023.

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

Comparison In 2023,  Estonia ranked 79 in total exports ($20B). That same year, Greenland ranked 150 in total exports ($1.66B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Estonia exported $790k to Greenland. The main products exported from Estonia to Greenland were Recreational Boats ($670k), Non-Knit Men's Coats ($14.1k), and Leather Footwear ($13.5k). During the last 5 years the exports of Estonia to Greenland have increased at an annualized rate of 3.07%, from $679k in 2018 to $790k in 2023.

In 2018, Greenland exported $1.57M to Estonia. The main products exported from Greenland to Estonia were Crustaceans ($1.4M), Fish Fillets ($94.8k), and Processed Crustaceans ($31.4k). During the last 5 years the exports of Greenland to Estonia have increased at an annualized rate of 48.9%, from $214k in 2023 to $1.57M in 2018.

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

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

Latest Data

Trade between Estonia (Flag) and Greenland (Flag)

Estonia Exports

Greenland Exports

Date

Market Competitiveness

Color
Estonia
Top Destination
Finland$2.71B
Greenland
Top Destination
Denmark$830M

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 2023, countries that imported more from Estonia than Greenland included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

In 2023, countries that imported more from Greenland than Estonia included Denmark ($830M), China ($380M), and Albania ($2.26M).

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

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 2023, Estonia had a large net trade with Greenland in the exports of Transportation ($670k), Textiles ($73.7k), and Footwear and Headwear ($19.5k).

During 2018, Greenland had a large net trade with Estonia in the exports of Animal Products ($1.5M), Foodstuffs ($32.2k), and Plastics and Rubbers ($20.4k).

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) (2023)

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