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Pricing

2022
Flag → Flag
Exports $566kRnk 26 / 66
2022
Flag → Flag
Top Product $566kCrustaceans
2022
Flag → Flag
Exports $286MRnk 19 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag
 GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186

About

Greenland-Armenia Trade: In 2022, Greenland exported $566k to Armenia. The main products that Greenland exported to Armenia were Crustaceans ($566k). Over the past 5 years the exports of Greenland to Armenia have increased at an annualized rate of 203%, from $2.22k in 2017 to $566k in 2022.

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

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

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

Comparison In 2022,  Greenland ranked 152 in total exports ($1.49B), and does not have data regarding Economic Complexity Index. That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greenland exported $566k to Armenia. The main products exported from Greenland to Armenia were Crustaceans ($566k). During the last 5 years the exports of Greenland to Armenia have increased at an annualized rate of 203%, from $2.22k in 2017 to $566k in 2022.

Armenia does not register exports to Greenland.

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

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

Market Competitiveness

Color
Greenland
Top DestinationDenmark$731M
Armenia
Top DestinationRussia$2.36B

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

In 2022, countries that imported more from Greenland than Armenia included Denmark ($731M), United Kingdom ($86M), and Japan ($77M).

In 2022, countries that imported more from Armenia than Greenland included Russia ($2.36B), United Arab Emirates ($535M), and Georgia ($260M).

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

Comparative Advantage Greenland - Armenia

Flow
Scale

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

During 2022, Greenland had a large net trade with Armenia in the exports of Animal Products ($566k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Greenland Armenia+N/AN/A
Top Product Potential Armenia Greenland+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

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

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