NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2021
Flag → Flag
Exports $130kRnk 6 / 0
2021
Flag → Flag
Exports $576kRnk 194 / 221
2021
Flag → Flag
Top Product $175kLifting Machinery
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag
 GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195

About

Greenland-Malaysia Trade: In 2021, Greenland exported $130k to Malaysia. The main products that Greenland exported to Malaysia were N/A. Over the past 5 years the exports of Greenland to Malaysia have increased at an annualized rate of 5.6%, from $98.8k in 2016 to $130k in 2021.

In 2021, Greenland did not export any services to Malaysia.

Malaysia-Greenland Trade: In 2021, Malaysia exported $576k to Greenland. The main products that Malaysia exported to Greenland were Lifting Machinery ($175k), X-Ray Equipment ($171k), and Electric Heaters ($116k). Over the past 5 years the exports of Malaysia to Greenland have increased at an annualized rate of 2.11%,  from $439k in 2016 to $576k in 2021.

In 2021, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Greenland exported $130k to Malaysia. There were not main exports from Greenland to Malaysia in 2021. During the last 5 years the exports of Greenland to Malaysia have increased at an annualized rate of 5.6%, from $98.8k in 2016 to $130k in 2021.

In 2018, Malaysia exported $576k to Greenland. The main products exported from Malaysia to Greenland were Lifting Machinery ($175k), X-Ray Equipment ($171k), and Electric Heaters ($116k). During the last 5 years the exports of Malaysia to Greenland have increased at an annualized rate of 2.11%, from $439k in 2023 to $576k in 2018.

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

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

Latest Data

Trade between Greenland (Flag) and Malaysia (Flag)

Malaysia Exports

Market Competitiveness

Color
Greenland
Top DestinationDenmark$830M
Malaysia
Top DestinationChina$79.8B

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

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

In 2023, countries that imported more from Malaysia than Greenland included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

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

Comparative Advantage Greenland - Malaysia

Flow
Scale

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

During 2021, Greenland had a large net trade with Malaysia in the exports of .

During 2018, Malaysia had a large net trade with Greenland in the exports of Machines ($373k), Instruments ($171k), and Foodstuffs ($29.9k).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms