2022
Flag
 GDP
$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH
39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
GDP PC
$6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH
39.4%CURRENT US$
Rnk 50 / 186

About

Greenland-North Macedonia Trade: In 2019, Greenland exported $65 to North Macedonia. The main products that Greenland exported to North Macedonia were N/A. Over the past 5 years the exports of Greenland to North Macedonia have decreased at an annualized rate of 52%, from $2.56k in 2014 to $65 in 2019.

In 2019, Greenland did not export any services to North Macedonia.

North Macedonia-Greenland Trade: In 2019, North Macedonia exported $11.3k to Greenland. The main products that North Macedonia exported to Greenland were N/A. Over the past 5 years the exports of North Macedonia to Greenland have decreased at an annualized rate of 25.7%,  from $49.6k in 2014 to $11.3k in 2019.

In 2019, North Macedonia 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, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Greenland exported $65 to North Macedonia. There were not main exports from Greenland to North Macedonia in 2019. During the last 5 years the exports of Greenland to North Macedonia have decreased at an annualized rate of 52%, from $2.56k in 2014 to $65 in 2019.

In 2013, North Macedonia exported $11.3k to Greenland. There were not main exports from North Macedonia to Greenland in 2013. During the last 5 years the exports of North Macedonia to Greenland have decreased at an annualized rate of 25.7%, from $49.6k in 2018 to $11.3k in 2013.

Exports from Greenland (Flag) to North Macedonia (Flag) (2019)

Exports from North Macedonia (Flag) to Greenland (Flag) (2019)

Market Competitiveness

Color
Greenland
Top Destination
Denmark$731M
North Macedonia
Top Destination
Germany$3.96B

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

In 2022, countries that imported more from Greenland than North Macedonia included Denmark ($731M), China ($353M), and Japan ($77M).

In 2022, countries that imported more from North Macedonia than Greenland included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

Difference in imports from North Macedonia (Flag) and Greenland (Flag) (2022)

Comparative Advantage Greenland - North Macedonia

Flow
Scale

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

During 2019, Greenland had a large net trade with North Macedonia in the exports of .

During 2013, North Macedonia 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 North Macedonia. This means that a dot/product with the flag of Greenland indicates it has a comparative advantage over North Macedonia. Similarly, a dot/product with the flag of North Macedonia indicates it has a comparative advantage over Greenland.

Product Space of Greenland (Flag) and North Macedonia (Flag) (2019)

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