2022
Flag
 GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
GDP PC
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186

About

Greenland-Brazil Trade: In 2022, Greenland exported $286 to Brazil. The main products that Greenland exported to Brazil were Metalworking Machine Parts ($225) and Motor vehicles; parts and accessories (8701 to 8705) ($61). Over the past 11 years the exports of Greenland to Brazil have decreased at an annualized rate of 6.53%, from $601 in 2011 to $286 in 2022.

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

Brazil-Greenland Trade: In 2022, Brazil exported $39 to Greenland. The main products that Brazil exported to Greenland were Precious Stones ($39). Over the past 11 years the exports of Brazil to Greenland have decreased at an annualized rate of 87.1%,  from $1.1M in 2011 to $39 in 2022.

In 2022, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greenland exported $286 to Brazil. The main products exported from Greenland to Brazil were Metalworking Machine Parts ($225) and Motor vehicles; parts and accessories (8701 to 8705) ($61). During the last 11 years the exports of Greenland to Brazil have decreased at an annualized rate of 6.53%, from $601 in 2011 to $286 in 2022.

In 2017, Brazil exported $39 to Greenland. The main products exported from Brazil to Greenland were Precious Stones ($39). During the last 5 years the exports of Brazil to Greenland have decreased at an annualized rate of 87.1%, from $1.1M in 2022 to $39 in 2017.

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

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

Latest Data

Trade between Greenland (Flag) and Brazil (Flag)

Brazil Exports

Market Competitiveness

Color
Greenland
Top Destination
Denmark$731M
Brazil
Top Destination
China$90.1B

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

In 2022, countries that imported more from Greenland than Brazil included Denmark ($731M).

In 2022, countries that imported more from Brazil than Greenland included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

Comparative Advantage Greenland - Brazil

Flow
Scale

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

During 2022, Greenland had a large net trade with Brazil in the exports of Machines ($225) and Transportation ($61).

During 2017, Brazil had a large net trade with Greenland in the exports of Precious Metals ($39).

Economic Complexity

Competitive Landscape

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

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

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