2022
Flag
 GDP
$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP GROWTH
-32.5%CURRENT US$
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2022
Flag
GDP PC
$33,815CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
-31.2%CURRENT US$
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About

Greenland-Japan Trade: In 2022, Greenland exported $77M to Japan. The main products that Greenland exported to Japan were Fish Fillets ($29.2M), Crustaceans ($25.1M), and Non-fillet Frozen Fish ($13.1M). Over the past 5 years the exports of Greenland to Japan have increased at an annualized rate of 1.64%, from $71M in 2017 to $77M in 2022.

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

Japan-Greenland Trade: In 2022, Japan exported $49k to Greenland. The main products that Japan exported to Greenland were Cars ($44.1k), Precious Metal Watches ($2.7k), and Microphones and Headphones ($2.27k). Over the past 5 years the exports of Japan to Greenland have decreased at an annualized rate of 56.1%,  from $3.02M in 2017 to $49k in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greenland exported $77M to Japan. The main products exported from Greenland to Japan were Fish Fillets ($29.2M), Crustaceans ($25.1M), and Non-fillet Frozen Fish ($13.1M). During the last 5 years the exports of Greenland to Japan have increased at an annualized rate of 1.64%, from $71M in 2017 to $77M in 2022.

In 2017, Japan exported $49k to Greenland. The main products exported from Japan to Greenland were Cars ($44.1k), Precious Metal Watches ($2.7k), and Microphones and Headphones ($2.27k). During the last 5 years the exports of Japan to Greenland have decreased at an annualized rate of 56.1%, from $3.02M in 2022 to $49k in 2017.

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

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

Latest Data

Trade between Greenland (Flag) and Japan (Flag)

Japan Exports

Market Competitiveness

Color
Greenland
Top Destination
Denmark$731M
Japan
Top Destination
United States$137B

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

In 2022, countries that imported more from Greenland than Japan included Denmark ($731M).

In 2022, countries that imported more from Japan than Greenland included United States ($137B), China ($135B), and South Korea ($50.8B).

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

Comparative Advantage Greenland - Japan

Flow
Scale

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

During 2022, Greenland had a large net trade with Japan in the exports of Animal Products ($67.4M), Foodstuffs ($9.58M), and Precious Metals ($7.9k).

During 2017, Japan had a large net trade with Greenland in the exports of Transportation ($44.1k), Instruments ($2.7k), and Machines ($2.27k).

Economic Complexity

Competitive Landscape

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

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

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