2023
Flag
 GDP
$17.8TCURRENT US$
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2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
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2023
Flag
GDP PC
$12,614CURRENT US$
Rnk 80 / 196
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
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About

Greenland-China Trade: In 2023, Greenland exported $380M to China. The main products that Greenland exported to China were Non-fillet Frozen Fish ($217M), Crustaceans ($158M), and Fish Fillets ($3.1M). Over the past 5 years the exports of Greenland to China have increased at an annualized rate of 10.4%, from $232M in 2018 to $380M in 2023.

In 2023, Greenland did not export any services to China.

China-Greenland Trade: In 2023, China exported $1.6M to Greenland. The main products that China exported to Greenland were Rubber Tires ($1.31M), Other Iron Products ($85k), and Insulated Wire ($71k). Over the past 5 years the exports of China to Greenland have decreased at an annualized rate of 39.6%,  from $19.9M in 2018 to $1.6M in 2023.

In 2023, China did not export any services to Greenland.

Comparison In 2023,  Greenland ranked 150 in total exports ($1.66B), and does not have data regarding Economic Complexity Index. That same year, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Greenland exported $380M to China. The main products exported from Greenland to China were Non-fillet Frozen Fish ($217M), Crustaceans ($158M), and Fish Fillets ($3.1M). During the last 5 years the exports of Greenland to China have increased at an annualized rate of 10.4%, from $232M in 2018 to $380M in 2023.

In 2018, China exported $1.6M to Greenland. The main products exported from China to Greenland were Rubber Tires ($1.31M), Other Iron Products ($85k), and Insulated Wire ($71k). During the last 5 years the exports of China to Greenland have decreased at an annualized rate of 39.6%, from $19.9M in 2023 to $1.6M in 2018.

Exports from Greenland (Flag) to China (Flag) (2023)

Exports from China (Flag) to Greenland (Flag) (2023)

Latest Data

Trade between Greenland (Flag) and China (Flag)

Greenland Exports

China Exports

Market Competitiveness

Color
Greenland
Top Destination
Denmark$830M
China
Top Destination
United States$436B

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

In 2023, no countries were registered that imported more from Greenland than from China.

In 2023, countries that imported more from China than Greenland included United States ($436B), Hong Kong ($259B), and Japan ($169B).

Difference in imports from China (Flag) and Greenland (Flag) (2023)

Comparative Advantage Greenland - China

Flow
Scale

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

During 2023, Greenland had a large net trade with China in the exports of Animal Products ($378M), Foodstuffs ($1.28M), and Instruments ($68k).

During 2018, China had a large net trade with Greenland in the exports of Plastics and Rubbers ($1.32M), Machines ($108k), and Metals ($92.6k).

Economic Complexity

Competitive Landscape

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

Product Space of Greenland (Flag) and China (Flag) (2023)

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