2022
Flag
 GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

Greenland-India Trade: In 2022, Greenland exported $1.33k to India. The main products that Greenland exported to India were Excavation Machinery ($1.33k). Over the past 7 years the exports of Greenland to India have decreased at an annualized rate of 49.8%, from $165k in 2015 to $1.33k in 2022.

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

India-Greenland Trade: In 2022, India exported $42.1k to Greenland. The main products that India exported to Greenland were Trunks and Cases ($18.1k), Unglazed Ceramics ($6.51k), and Knit Women's Suits ($3.57k). Over the past 7 years the exports of India to Greenland have decreased at an annualized rate of 32.5%,  from $978k in 2015 to $42.1k in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greenland exported $1.33k to India. The main products exported from Greenland to India were Excavation Machinery ($1.33k). During the last 7 years the exports of Greenland to India have decreased at an annualized rate of 49.8%, from $165k in 2015 to $1.33k in 2022.

In 2017, India exported $42.1k to Greenland. The main products exported from India to Greenland were Trunks and Cases ($18.1k), Unglazed Ceramics ($6.51k), and Knit Women's Suits ($3.57k). During the last 5 years the exports of India to Greenland have decreased at an annualized rate of 32.5%, from $978k in 2022 to $42.1k in 2017.

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

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

Latest Data

Trade between Greenland (Flag) and India (Flag)

India Exports

Market Competitiveness

Color
Greenland
Top Destination
Denmark$731M
India
Top Destination
United States$82.9B

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

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

In 2022, countries that imported more from India than Greenland included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

Difference in imports from India (Flag) and Greenland (Flag) (2022)

Comparative Advantage Greenland - India

Flow
Scale

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

During 2022, Greenland had a large net trade with India in the exports of Machines ($1.33k).

During 2017, India had a large net trade with Greenland in the exports of Animal Hides ($18.1k), Textiles ($14.8k), and Stone And Glass ($6.51k).

Economic Complexity

Competitive Landscape

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

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

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