2022
Flag
 GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186

About

Greenland-Canada Trade: In 2022, Greenland exported $1.79M to Canada. The main products that Greenland exported to Canada were Fish Fillets ($1M), Other Inedible Animal Products ($375k), and Crustaceans ($180k). Over the past 5 years the exports of Greenland to Canada have increased at an annualized rate of 37.7%, from $362k in 2017 to $1.79M in 2022.

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

Canada-Greenland Trade: In 2022, Canada exported $27.8M to Greenland. The main products that Canada exported to Greenland were Work Trucks ($5.49M), Large Construction Vehicles ($4.88M), and Other Construction Vehicles ($3.43M). Over the past 5 years the exports of Canada to Greenland have increased at an annualized rate of 2.26%,  from $18.6M in 2017 to $27.8M in 2022.

In 2022, Canada 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, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greenland exported $1.79M to Canada. The main products exported from Greenland to Canada were Fish Fillets ($1M), Other Inedible Animal Products ($375k), and Crustaceans ($180k). During the last 5 years the exports of Greenland to Canada have increased at an annualized rate of 37.7%, from $362k in 2017 to $1.79M in 2022.

In 2017, Canada exported $27.8M to Greenland. The main products exported from Canada to Greenland were Work Trucks ($5.49M), Large Construction Vehicles ($4.88M), and Other Construction Vehicles ($3.43M). During the last 5 years the exports of Canada to Greenland have increased at an annualized rate of 2.26%, from $18.6M in 2022 to $27.8M in 2017.

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

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

Latest Data

Trade between Greenland (Flag) and Canada (Flag)

Greenland Exports

Canada Exports

Market Competitiveness

Color
Greenland
Top Destination
Denmark$731M
Canada
Top Destination
United States$438B

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

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

In 2022, countries that imported more from Canada than Greenland included United States ($438B), China ($25.4B), and Japan ($14.3B).

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

Comparative Advantage Greenland - Canada

Flow
Scale

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

During 2022, Greenland had a large net trade with Canada in the exports of Animal Products ($1.74M), Transportation ($33.9k), and Chemical Products ($6.96k).

During 2017, Canada had a large net trade with Greenland in the exports of Machines ($15.1M), Transportation ($7.52M), and Textiles ($2.33M).

Economic Complexity

Competitive Landscape

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

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

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