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Pricing

2022
Flag → Flag
Exports $1.14MRnk 23 / 66
2022
Flag → Flag
Top Product $710kProcessed Crustaceans
2022
Flag → Flag
Exports $1.13MRnk 188 / 219
2022
Flag → Flag
Top Product $808kAircraft Launch Gear
2022
Flag
Economic Complexity (ECI) ECI 1.97Rnk 2 / 133
2022
Flag
 GDP$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH17.7%CURRENT US$
Rnk 128 / 186
2022
Flag
GDP PC$92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH7.3%CURRENT US$
Rnk 125 / 186

About

Greenland-Switzerland Trade: In 2022, Greenland exported $1.14M to Switzerland. The main products that Greenland exported to Switzerland were Processed Crustaceans ($710k), Raw Nickel ($232k), and Vitamins ($56.5k). Over the past 5 years the exports of Greenland to Switzerland have increased at an annualized rate of 97.1%, from $38.2k in 2017 to $1.14M in 2022.

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

Switzerland-Greenland Trade: In 2022, Switzerland exported $1.13M to Greenland. The main products that Switzerland exported to Greenland were Aircraft Launch Gear ($808k), Surveying Equipment ($295k), and Other toys ($17.8k). Over the past 5 years the exports of Switzerland to Greenland have increased at an annualized rate of 24.6%,  from $378k in 2017 to $1.13M in 2022.

In 2022, Switzerland 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, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greenland exported $1.14M to Switzerland. The main products exported from Greenland to Switzerland were Processed Crustaceans ($710k), Raw Nickel ($232k), and Vitamins ($56.5k). During the last 5 years the exports of Greenland to Switzerland have increased at an annualized rate of 97.1%, from $38.2k in 2017 to $1.14M in 2022.

In 2017, Switzerland exported $1.13M to Greenland. The main products exported from Switzerland to Greenland were Aircraft Launch Gear ($808k), Surveying Equipment ($295k), and Other toys ($17.8k). During the last 5 years the exports of Switzerland to Greenland have increased at an annualized rate of 24.6%, from $378k in 2022 to $1.13M in 2017.

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

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

Latest Data

Trade between Greenland (Flag) and Switzerland (Flag)

Greenland Exports

Switzerland Exports

Market Competitiveness

Color
Greenland
Top DestinationDenmark$731M
Switzerland
Top DestinationUnited States$61.7B

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

In 2022, no countries were registered that imported more from Greenland than from Switzerland.

In 2022, countries that imported more from Switzerland than Greenland included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

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

Comparative Advantage Greenland - Switzerland

Flow
Scale

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

During 2022, Greenland had a large net trade with Switzerland in the exports of Foodstuffs ($711k), Metals ($232k), and Precious Metals ($57.5k).

During 2017, Switzerland had a large net trade with Greenland in the exports of Transportation ($810k), Instruments ($299k), and Miscellaneous ($20.9k).

Economic Complexity

Competitive Landscape

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

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

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