2023
Flag
 GDP
$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH
38.1%CURRENT US$
Rnk 97 / 195
2023
Flag
GDP PC
$50,532CURRENT US$
Rnk 25 / 196
2013-2023
Flag
GDP PC GROWTH
31.6%CURRENT US$
Rnk 75 / 195

About

Greenland-Hong Kong Trade: In 2023, Greenland exported $185k to Hong Kong. The main products that Greenland exported to Hong Kong were Non-fillet Frozen Fish ($185k). Over the past 12 years the exports of Greenland to Hong Kong have increased at an annualized rate of 46.9%, from $1.84k in 2011 to $185k in 2023.

In 2023, Greenland did not export any services to Hong Kong.

Hong Kong-Greenland Trade: In 2023, Hong Kong exported $15.4k to Greenland. The main products that Hong Kong exported to Greenland were Parachutes ($11.6k), Eyewear Frames ($2.59k), and Light Fixtures ($1.03k). Over the past 12 years the exports of Hong Kong to Greenland have decreased at an annualized rate of 33.2%,  from $116k in 2011 to $15.4k in 2023.

In 2023, Hong Kong 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, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Greenland exported $185k to Hong Kong. The main products exported from Greenland to Hong Kong were Non-fillet Frozen Fish ($185k). During the last 12 years the exports of Greenland to Hong Kong have increased at an annualized rate of 46.9%, from $1.84k in 2011 to $185k in 2023.

In 2018, Hong Kong exported $15.4k to Greenland. The main products exported from Hong Kong to Greenland were Parachutes ($11.6k), Eyewear Frames ($2.59k), and Light Fixtures ($1.03k). During the last 5 years the exports of Hong Kong to Greenland have decreased at an annualized rate of 33.2%, from $116k in 2023 to $15.4k in 2018.

Exports from Greenland (Flag) to Hong Kong (Flag) (2023)

Exports from Hong Kong (Flag) to Greenland (Flag) (2023)

Latest Data

Trade between Greenland (Flag) and Hong Kong (Flag)

Hong Kong Exports

Market Competitiveness

Color
Greenland
Top Destination
Denmark$830M
Hong Kong
Top Destination
China$25.3B

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

In 2023, countries that imported more from Greenland than Hong Kong included Denmark ($830M) and Iceland ($38.3M).

In 2023, countries that imported more from Hong Kong than Greenland included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

Difference in imports from Hong Kong (Flag) and Greenland (Flag) (2023)

Comparative Advantage Greenland - Hong Kong

Flow
Scale

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

During 2023, Greenland had a large net trade with Hong Kong in the exports of Animal Products ($185k).

During 2018, Hong Kong had a large net trade with Greenland in the exports of Transportation ($11.6k), Instruments ($2.59k), and Miscellaneous ($1.04k).

Economic Complexity

Competitive Landscape

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

Product Space of Greenland (Flag) and Hong Kong (Flag) (2023)

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