2023
Flag
 GDP
$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH
93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC
$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH
74.3%CURRENT US$
Rnk 21 / 195

About

Greenland-Dominican Republic Trade: In 2022, Greenland exported $1.22k to Dominican Republic. The main products that Greenland exported to Dominican Republic were N/A. Over the past 6 years the exports of Greenland to Dominican Republic have increased at an annualized rate of 10.6%, from $668 in 2016 to $1.22k in 2022.

In 2022, Greenland did not export any services to Dominican Republic.

Dominican Republic-Greenland Trade: In 2022, Dominican Republic exported $8.87k to Greenland. The main products that Dominican Republic exported to Greenland were N/A. Over the past 6 years the exports of Dominican Republic to Greenland have increased at an annualized rate of 91.7%,  from $343 in 2016 to $8.87k in 2022.

In 2022, Dominican Republic 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, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greenland exported $1.22k to Dominican Republic. There were not main exports from Greenland to Dominican Republic in 2022. During the last 6 years the exports of Greenland to Dominican Republic have increased at an annualized rate of 10.6%, from $668 in 2016 to $1.22k in 2022.

In 2013, Dominican Republic exported $8.87k to Greenland. There were not main exports from Dominican Republic to Greenland in 2013. During the last 5 years the exports of Dominican Republic to Greenland have increased at an annualized rate of 91.7%, from $343 in 2018 to $8.87k in 2013.

Exports from Greenland (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to Greenland (Flag) (2022)

Market Competitiveness

Color
Greenland
Top Destination
Denmark$830M
Dominican Republic
Top Destination
United States$7.08B

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

In 2023, countries that imported more from Greenland than Dominican Republic included Denmark ($830M), Iceland ($38.3M), and Norway ($41.1M).

In 2023, countries that imported more from Dominican Republic than Greenland included United States ($7.08B), Switzerland ($885M), and Haiti ($856M).

Difference in imports from Dominican Republic (Flag) and Greenland (Flag) (2023)

Comparative Advantage Greenland - Dominican Republic

Flow
Scale

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

During 2022, Greenland had a large net trade with Dominican Republic in the exports of .

During 2013, Dominican Republic had a large net trade with Greenland in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Greenland (Flag) and Dominican Republic (Flag) (2022)

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