Greenland (GRL) and Azerbaijan (AZE) Trade | The Observatory of Economic Complexity

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Greenland-Azerbaijan Trade: In 2022, Greenland exported $1.72M to Azerbaijan. The main products that Greenland exported to Azerbaijan were Non-fillet Frozen Fish ($1.56M), Crustaceans ($154k), and Processed Crustaceans ($1.71k). Over the past 5 years the exports of Greenland to Azerbaijan have increased at an annualized rate of 676%, from $61 in 2017 to $1.72M in 2022.

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

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

In 2022, Azerbaijan 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, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Greenland exported $1.72M to Azerbaijan. The main products exported from Greenland to Azerbaijan were Non-fillet Frozen Fish ($1.56M), Crustaceans ($154k), and Processed Crustaceans ($1.71k). During the last 5 years the exports of Greenland to Azerbaijan have increased at an annualized rate of 676%, from $61 in 2017 to $1.72M in 2022.

Azerbaijan does not register exports to Greenland.

Exports from Greenland () to Azerbaijan () (2022)

Exports from Azerbaijan () to Greenland () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greenland
Top DestinationDenmark$731M

Azerbaijan
Top DestinationItaly$18.3B

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

In 2022, countries that imported more from Greenland than Azerbaijan included Denmark ($731M), China ($353M), and Japan ($77M).

In 2022, countries that imported more from Azerbaijan than Greenland included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

Difference in imports from Azerbaijan () and Greenland () (2022)

Comparative Advantage Greenland - Azerbaijan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Greenland had a large net trade with Azerbaijan in the exports of Animal Products ($1.72M) and Foodstuffs ($1.71k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Greenland () to Azerbaijan () (2022)

Exports from Azerbaijan () to Greenland () (2022)

Market Competitiveness

Difference in imports from Azerbaijan () and Greenland () (2022)

Comparative Advantage Greenland - Azerbaijan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Greenland () and Azerbaijan () (2022)

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