Greenland (GRL) and Nicaragua (NIC) Trade | The Observatory of Economic Complexity

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In N/A, Greenland did not export any services to Nicaragua.

Nicaragua-Greenland Trade: In N/A, Nicaragua exported $297 to Greenland. The main products that Nicaragua exported to Greenland were N/A. Over the past N/A years the exports of Nicaragua to Greenland have increased at an annualized rate of 7.7%, from $205 in N/A to $297 in N/A.

In N/A, Nicaragua 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, Nicaragua ranked 111 in the Economic Complexity Index (ECI -1), and 110 in total exports ($8.51B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Greenland does not register exports to Nicaragua.

In 2011, Nicaragua exported $297 to Greenland. There were not main exports from Nicaragua to Greenland in 2011. During the last 5 years the exports of Nicaragua to Greenland have increased at an annualized rate of 7.7%, from $205 in 2016 to $297 in 2011.

Exports from Greenland () to Nicaragua () (2016)

Exports from Nicaragua () to Greenland () (2016)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greenland
Top DestinationDenmark$830M

Nicaragua
Top DestinationUnited States$4.38B

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

In 2023, countries that imported more from Greenland than Nicaragua included Denmark ($830M), China ($380M), and Japan ($79.6M).

In 2023, countries that imported more from Nicaragua than Greenland included United States ($4.38B), Mexico ($1.04B), and El Salvador ($488M).

Difference in imports from Nicaragua () and Greenland () (2023)

Comparative Advantage Greenland - Nicaragua

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2011, Nicaragua had a large net trade with Greenland in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Greenland () to Nicaragua () (2016)

Exports from Nicaragua () to Greenland () (2016)

Market Competitiveness

Difference in imports from Nicaragua () and Greenland () (2023)

Comparative Advantage Greenland - Nicaragua

Economic Complexity

Competitive Landscape

Product Space of Greenland () and Nicaragua () (2016)

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