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2022
Flag → Flag
Exports $45.1MRnk 6 / 66
2022
Flag → Flag
Top Product $26.9MProcessed Crustaceans
2022
Flag → Flag
Exports $15.6MRnk 174 / 223
2022
Flag → Flag
Top Product $2.37MSpark-Ignition Engines
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag
 GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186

About

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 Dried/Salted/Smoked/Brined Fish ($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 6.74%,  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
Value

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 Dried/Salted/Smoked/Brined Fish ($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 6.74%, from $22.1M in 2022 to $15.6M in 2017.

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

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

Latest Data

Trade between Greenland (Flag) and Germany (Flag)

Greenland Exports

Germany Exports

Market Competitiveness

Color
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 (Flag) and Greenland (Flag) (2022)

Comparative Advantage Greenland - Germany

Flow
Scale

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 Machines ($7.05M), Transportation ($2.81M), and Foodstuffs ($1.19M).

Economic Complexity

Competitive Landscape

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.

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

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