Greenland (GRL) and Macau (MAC) Trade | The Observatory of Economic Complexity

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Greenland-Macau Trade: In 2022, Greenland exported $65.2k to Macau. The main products that Greenland exported to Macau were Non-fillet Frozen Fish ($62.9k) and Processed Crustaceans ($2.31k). Over the past 5 years the exports of Greenland to Macau have decreased at an annualized rate of 11.1%, from $118k in 2017 to $65.2k in 2022.

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

Macau-Greenland Trade: In 2022, Macau exported $418 to Greenland. The main products that Macau exported to Greenland were N/A. Over the past 5 years the exports of Macau to Greenland have decreased at an annualized rate of 15.2%, from $956 in 2017 to $418 in 2022.

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

Comparison In 2022, Greenland ranked 152 in total exports ($1.49B). That same year, Macau ranked 146 in total exports ($1.88B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Greenland exported $65.2k to Macau. The main products exported from Greenland to Macau were Non-fillet Frozen Fish ($62.9k) and Processed Crustaceans ($2.31k). During the last 5 years the exports of Greenland to Macau have decreased at an annualized rate of 11.1%, from $118k in 2017 to $65.2k in 2022.

In 2012, Macau exported $418 to Greenland. There were not main exports from Macau to Greenland in 2012. During the last 5 years the exports of Macau to Greenland have decreased at an annualized rate of 15.2%, from $956 in 2017 to $418 in 2012.

Exports from Greenland () to Macau () (2022)

Exports from Macau () to Greenland () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greenland
Top DestinationDenmark$731M

Macau
Top DestinationHong Kong$1.22B

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

In 2022, countries that imported more from Greenland than Macau included Denmark ($731M), China ($353M), and United Kingdom ($86M).

In 2022, countries that imported more from Macau than Greenland included Hong Kong ($1.22B), United States ($135M), and Switzerland ($56.4M).

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

Comparative Advantage Greenland - Macau

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Greenland had a large net trade with Macau in the exports of Animal Products ($62.9k) and Foodstuffs ($2.31k).

During 2012, Macau had a large net trade with Greenland in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Greenland () to Macau () (2022)

Exports from Macau () to Greenland () (2022)

Market Competitiveness

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

Comparative Advantage Greenland - Macau

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Greenland () and Macau () (2022)

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