Greenland (GRL) and Germany (DEU) Trade | The Observatory of Economic Complexity

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Greenland-Germany Trade: In 2022, Greenland exported $45.1M to Germany. The main products that Greenland exported to Germany were Processed Crustaceans ($26.9M), Crustaceans ($7.05M), and Fish: dried, salted, smoked or in brine ($4.36M). Over the past 5 years the exports of Greenland to Germany have increased at an annualized rate of 22.6%, from $16.3M in 2017 to $45.1M in 2022.

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

Germany-Greenland Trade: In 2022, Germany exported $15.6M to Greenland. The main products that Germany exported to Greenland were Spark-Ignition Engines ($2.37M), Gas Turbines ($1.62M), and Special purpose motor vehicles ($1.18M). Over the past 5 years the exports of Germany to Greenland have decreased at an annualized rate of 4.86%, from $22.1M in 2017 to $15.6M in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Greenland exported $45.1M to Germany. The main products exported from Greenland to Germany were Processed Crustaceans ($26.9M), Crustaceans ($7.05M), and Fish: dried, salted, smoked or in brine ($4.36M). During the last 5 years the exports of Greenland to Germany have increased at an annualized rate of 22.6%, from $16.3M in 2017 to $45.1M in 2022.

In 2017, Germany exported $15.6M to Greenland. The main products exported from Germany to Greenland were Spark-Ignition Engines ($2.37M), Gas Turbines ($1.62M), and Special purpose motor vehicles ($1.18M). During the last 5 years the exports of Germany to Greenland have decreased at an annualized rate of 4.86%, from $22.1M in 2022 to $15.6M in 2017.

Exports from Greenland () to Germany () (2022)

Exports from Germany () to Greenland () (2022)

Latest Data

Trade between Greenland () and Germany ()

Greenland Exports

Date

Germany Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greenland
Top DestinationDenmark$731M

Germany
Top DestinationUnited States$153B

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

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

In 2022, countries that imported more from Germany than Greenland included United States ($153B), France ($120B), and Netherlands ($109B).

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

Comparative Advantage Greenland - Germany

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Greenland had a large net trade with Germany in the exports of Foodstuffs ($27.3M), Animal Products ($16.3M), and Machines ($1.07M).

During 2017, Germany had a large net trade with Greenland in the exports of N/A.

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 Germany. This means that a dot/product with the flag of Greenland indicates it has a comparative advantage over Germany. Similarly, a dot/product with the flag of Germany indicates it has a comparative advantage over Greenland.

About

Historical Data

Bilateral Trade by Products

Exports from Greenland () to Germany () (2022)

Exports from Germany () to Greenland () (2022)

Latest Data

Trade between Greenland () and Germany ()

Greenland Exports

Germany Exports

Market Competitiveness

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

Comparative Advantage Greenland - Germany

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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