2023
Flag
 GDP
$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH
11%CURRENT US$
Rnk 153 / 195
2023
Flag
GDP PC
$12,919CURRENT US$
Rnk 79 / 196
2013-2023
Flag
GDP PC GROWTH
-4.15%CURRENT US$
Rnk 158 / 195

About

Greenland-Kazakhstan Trade: In 2023, Greenland exported $2.54M to Kazakhstan. The main products that Greenland exported to Kazakhstan were Crustaceans ($2.48M), Non-fillet Frozen Fish ($57k), and Semiconductor Devices ($3). Over the past 11 years the exports of Greenland to Kazakhstan have increased at an annualized rate of 45.3%, from $41.5k in 2012 to $2.54M in 2023.

In 2023, Greenland did not export any services to Kazakhstan.

Kazakhstan-Greenland Trade: In 2023, Kazakhstan exported $60 to Greenland. The main products that Kazakhstan exported to Greenland were N/A. Over the past 11 years the exports of Kazakhstan to Greenland have decreased at an annualized rate of 84.5%,  from $672k in 2012 to $60 in 2023.

In 2023, Kazakhstan 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, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Greenland exported $2.54M to Kazakhstan. The main products exported from Greenland to Kazakhstan were Crustaceans ($2.48M), Non-fillet Frozen Fish ($57k), and Semiconductor Devices ($3). During the last 11 years the exports of Greenland to Kazakhstan have increased at an annualized rate of 45.3%, from $41.5k in 2012 to $2.54M in 2023.

In 2011, Kazakhstan exported $60 to Greenland. There were not main exports from Kazakhstan to Greenland in 2011. During the last 5 years the exports of Kazakhstan to Greenland have decreased at an annualized rate of 84.5%, from $672k in 2016 to $60 in 2011.

Exports from Greenland (Flag) to Kazakhstan (Flag) (2023)

Exports from Kazakhstan (Flag) to Greenland (Flag) (2023)

Market Competitiveness

Color
Greenland
Top Destination
Denmark$830M
Kazakhstan
Top Destination
China$15.2B

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

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

In 2023, countries that imported more from Kazakhstan than Greenland included China ($15.2B), United Kingdom ($14.3B), and Russia ($9.78B).

Difference in imports from Kazakhstan (Flag) and Greenland (Flag) (2023)

Comparative Advantage Greenland - Kazakhstan

Flow
Scale

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

During 2023, Greenland had a large net trade with Kazakhstan in the exports of Animal Products ($2.54M) and Machines ($3).

During 2011, Kazakhstan 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 Kazakhstan. This means that a dot/product with the flag of Greenland indicates it has a comparative advantage over Kazakhstan. Similarly, a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Greenland.

Product Space of Greenland (Flag) and Kazakhstan (Flag) (2023)

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