Greenland (GRL) and Finland (FIN) Trade | The Observatory of Economic Complexity

2022

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Exports $1.15MRnk 22 / 66

2022

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About

Greenland-Finland Trade: In 2022, Greenland exported $1.15M to Finland. The main products that Greenland exported to Finland were Broadcasting Equipment ($766k), Fish Fillets ($146k), and Processed Crustaceans ($102k). Over the past 5 years the exports of Greenland to Finland have decreased at an annualized rate of 1.17%, from $1.22M in 2017 to $1.15M in 2022.

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

Finland-Greenland Trade: In 2022, Finland exported $3.98M to Greenland. The main products that Finland exported to Greenland were Recreational Boats ($2.52M), Prefabricated Buildings ($450k), and Surveying Equipment ($302k). Over the past 5 years the exports of Finland to Greenland have decreased at an annualized rate of 5.63%, from $5.32M in 2017 to $3.98M in 2022.

In 2022, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Latest Data

Trade between Greenland () and Finland ()

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greenland
Top DestinationDenmark$731M

Finland
Top DestinationGermany$9.99B

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

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

In 2022, countries that imported more from Finland than Greenland included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

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

Economic Complexity

Competitive Landscape

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